On September 28, 2022, the
Board issued
Framework for the Supervision of Insurance Organizations, which describes its approach to consolidated supervision of supervised
insurance organizations. The supervisory framework applies supervisory
guidance and resources based on a supervised insurance organization’s
risk. It also establishes a supervisory rating system for firms based
on their risk profiles and describes how examiners incorporate the
work of state insurance regulators (
Guidance,
Examinations and Inspections at
3-1532.9).