Compliance

Supreme Court will hear arguments over legality of auditing oversight board created by Sarbanes-Oxley Act.

House Financial Services Committee sends two pieces of financial services reform legislation to House floor.

The Council of Insurance Agents & Brokers says the bill “needs clarification regarding the role of brokers in state exchanges on several fronts," particularly defined compensation models and the role they would play as exchange navigators.

Repealing McCarran Ferguson could have serious implications for insurance companies and, ultimately, would burden consumers.

Insurance and reinsurance sectors should pay attention to emerging markets in order to stay strong through the economic recovery, say Swiss Re economists.

Boston-based research and advisory firm, launches a new service dedicated to the Indian financial services space.

Leahy inserts amendment into health care reform legislation.

Donations from IBM and Prima Solutions drive ACORD framework advances.

Insurance Networking News would like to congratulate the following select number of nominees, whose innovation deserves special recognition. Watch for their stories in upcoming issues of Insurance Networking News and online at www.insurancenetworking.com.

INN is proud to present the 2009 INNovator Awards, recognizing key advances in the use of technology and practices in the insurance industry.

Although still embroiled in controversy, the organization is quickly moving forward on the methodology regulators will follow in evaluating insurers’ risk-based capital requirements.

Lawmakers still struggling to determine the best path to oversee systemically important financial companies.

New York is the 27th state to enact anti-STOLI legislation, which is designed to protect senior citizens from stranger-originated life insurance.

Carrier fined $1.2 million over supervision of broker e-mails.

Association hails amendments to bill creating Federal Insurance Office.

Insurers should prepare for an expanded focus by regulators on risk mitigation and consumer protection in 2010, say compliance experts.

The banking committee chairman’s sweeping regulatory reform to limit systemic risk has significant implications for insurers.

While the government continues to fumble with determining its oversight plan, insurers struggle with their own compliance efforts.

Critics contend the failure of Gramm-Leach-Bliley is that it failed to produce a coherent regulatory mechanism that was up to the new powers it created.

While much progress has been made, the insurance industry still struggles with standardization.