Compliance

Washington - A request to establish a process that might reject certain disclosures in mutual insurers’ financial statements was in effect denied Tuesday afternoon by the NAIC’s Statutory Accounting Principles and NAIC/AICPA Working Groups, reports the National Association of Mutual Insurance Companies (NAMIC).

Privy to a variety of educational sessions, technology showcases and business analytics, rating and underwriting product launches, attendees at ISO’s annual conference were told that “winners will have ERM in all parts of their business.”

New research urges organizations lacking formal policies governing how business information is controlled to remedy the situation immediately.

The product captures and tracks data throughout the sales process to generate a suitability review at the end of the pre-sales cycle.

A federal charter, regulatory and flood insurance reform among many issues soon to receive renewed focus by lawmakers under President-elect Obama.

Managing regulatory risk tops list of concerns for today's risk managers; burden expected to increase, according to ACE.

Boulder, Colo. — Enterprise Management Associates (EMA), an IT management research and consulting firm, released a new advisory note, “What the Economic Crisis Means for IT Security and Risk Management.” In the advisory note, EMA research director, Scott Crawford, highlights the impact of the current financial industry meltdown, and its implications for the management of security and risk in IT.

The service will supply summarization and electronic delivery of life insurance policy application medical files and associated documents to support new business process.

Also receiving recognition this year are four leaders who have successfully driven significant project and/or process improvements within their companies.

For the third consecutive year, INN recognizes the unique accomplishments of the industry's prominent female leaders.

Code of practice for risk management is designed to govern principles, models and processes.

Industry will fight regulatory battles on several fronts, association head warns.

The retirement solutions association new service is designed to provide implementers of the STP Standards Initiative with an easy-to-use tool to expedite the testing of electronic data messages against a neutral, standard reference system.

In light of the financial services meltdown, a report says insurers should augment their governance, risk management and compliance capabilities to prepare for coming regulatory changes.

Insurer voting is in progress as INN and Celent partner on INN’s 3rd annual ranking of tech solution providers.

Association letter says that financial crisis reaffirms efficacy of state-based regulation.

The association says the role of rating agencies in financial meltdown warrants consideration.

TowerGroup points to economic, market and regulatory volatility as the No. 1 business driver for financial institutions.

Insurers have until November to weigh in on proposed annuities changes.

A letter to the SEC chairman says calls to suspend fair value accounting are misguided.