Compliance

Vertafore will reorganize around market segments rather than products by creating three business units: agency markets, carrier & MGA markets and one separate Verafore Business, Sircon.

Lawmakers are asked to recognize the value of locally based financial institutions while rewriting regulations.

The President said reform should not stifle innovation, but must improve transparency, increase accountability and create uniform supervision.

Electronic health records will be a major part of President Obama's recovery plan.

Regulatory bodies must improve governance in today’s interconnected world and take an “ex-ante” approach, which brings insurance to the table in proactive efforts to help the private sector prioritize disaster preparedness, says the OECD.

The U.S. health care industry will increase spending on information technology by 2.6% to $28.4 billion in 2009, according to the Stamford, Conn.-based research and consulting firm.

The latest survey from PricewaterhouseCoopers shows worry over investment performance vaulting past overregulation, which fell to fifth, in its “Insurance Banana Skins 2009” poll.

The legislation would have required drivers to carry more liability coverage.

Association says Wisconsin plan to raise minimum amount of liability coverage required for drivers is too costly.

Juergen Heck will be called upon to foster understanding, and accelerate implementation of international standards to improve data flow across the industry.

After more than a year of work, the Health Information Trust Alliance, an industry consortium, on March 2 will unveil its first Common Security Framework.

An industry analyst says state-based regulation is hampering direct-to-consumer distribution.

The group applauds the steps taken by Congress and the Obama Administration to ensure the utilization of electronic health records.

President of agents association says modernization act is “more of the same.”

PHT will have access to security standards, be able to provide feedback on the standards and become part of the 500-organization community.

Legislation says federal insurance regulators will establish physical offices in all states.

Property/casualty association head says systemic risks still not addressed in new legislation.

Sent to the Senate for a final vote, the latest provisions are more liberal than the previous Senate version’s.

Study suggests insurers establish an efficient risk-based compliance culture throughout their enterprise, or risk the consequences.

The impending amendments offer adaptable insurers strategic advantages from the resulting structure, says a Conning Research study.