To Regulate or Not to Regulate: State Regulators Grapple with How to Address Private Equity's Increasing Role in the Insurance Industry

Private Equity's (PE) role in the United States financial landscape has dramatically grown in recent years. According to an article on accounting giant Deloitte's website, PE deal activity has doubled in the last 10 years while listings on U.S. stock exchange have dramatically declined. Indeed, PE firms provide portfolio companies with needed capital, expertise, and ownership opportunities as an alternative to public listing or ownership.