So I noticed that my insurance paid a claim for my recent ER visit – the one where I was never seen? So I called and told them. The claims person told me it was my responsibility to call the hospital and get them to withdraw the claim. Yeah, watch me.

A very good idea

That’s why I don’t believe it will happen:

State insurance regulators are considering changes that would require U.S. insurers to hold more capital against some of the riskier mortgage bonds they have been scooping up lately as high-yielding investments.

The moves under discussion could increase by billions of dollars the total amount industrywide that insurers including American International Group Inc., AIG +2.10% MetLife Inc. MET +0.58% and others must hold to protect policyholders, estimate some analysts.

The changes could be implemented later this year by the National Association of Insurance Commissioners, an organization of state officials that sets solvency standards. The shift, currently under study by an NAIC task force, would make it costlier for insurers to hold certain bonds backed by subprime mortgages and other risky home loans.

Such a change could cool demand from insurers for the once-toxic securities that lost value when the housing bubble burst, but that lately have become some of the hottest assets in the credit markets. Strong investor demand for those securities recently helped the Federal Reserve Bank of New York to profitably sell two large portfolios of subprime and other mortgage bonds it acquired in the 2008 bailout of AIG.

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