US insurance regulators are expected to discuss dropping Moody’s Investors Service from a list of acceptable rating organisations at a meeting later this week, according to an official in the New York Insurance Department, reports Reuters. Hampton Finer, deputy superintendent of insurance for New York, said at the weekend that concerns about Moody’s arose after the credit-rating agency refused to attend a regulatory hearing on Thursday to answer questions about its ratings process.

This entry was posted by Gwen Robinson on Monday, September 21st, 2009 at 4:42 and is filed under Capital markets, People. Tagged with moody's. Edit this entry.