With the capital-relief proposal recently approved by insurance regulators, more life insurance companies will be able to make better use of deferred-tax assets. The move is championed by various consumer groups. It was originally submitted by the American Council of Life Insurers in 2008.

In a recent development, the National Association of Insurance Commissioners (NAIC) has appointed a new Washington D.C. director to oversee its operations in the city. Ethan Sonnichsen has been picked to assume the role of Government Relations Director for the organization.