Compliance

The London office blog features insights and updates on issues ranging from maintenance request submissions to standards releases and events.

Without congressional action, the National Flood Insurance Program will expire at end of month.

The association lists its objections to a proposed rule change in a letter to the SEC.

Association says the proposal to reclassify indexed products as securities is unnecessary.

Effective September 3, Catherine Weatherford will replace Mark Mackey, who announced his resignation in January, as NAVA’s president and CEO.

A new study says Americans would pay billions if Congress passes the Hurricane Insurance Proposal and another Katrina-like storm strikes.

Tallahassee, Fla. — The travails of Allstate Cos. in Florida are at an end after the company reached a limited agreement with the Florida Office of Insurance Regulation.

Columbia, S.C. - Fiserv Insurance Solutions, a provider of technology, professional services, and strategic sourcing options, announced today that it has assumed responsibility for three compliance products that Fiserv acquired with CheckFree in 2007.

Sweeping action to overhaul insurance regulation unnecessary, association says.

Association says bills affirms state-based regulation of the insurance industry.

New research finds that incorporating analytics into governance, risk management and compliance (GRC) initiatives offers organizations the opportunity to capitalize on improved operational efficiencies.

Association says proposed changes to the arbitration system are unfair.

Letter asks senators to scuttle Insurance Information Act

Tim Owen will be responsible for leading product management across Sircon’s carrier, agency and broker customer segments.

Based on their banking colleagues experiences with the implementation of the Basel II accord, Aon recommends European insurers ready themselves for Solvency II long before 2012.

The transition to the global use of International Financial Reporting Standards (IFRS) may create dramatic change in insurance products, investment strategies, risk management and M&A activities.

The prospect of an optional federal charter for insurers gets another airing.

Needham, Mass. - In June 2008, the U.S. Securities and Exchange Commission (SEC) released a proposal to reclassify the annuity products referred to as fixed indexed annuities or equity indexed annuities (indexed annuities) as securities. New research from Needham, Mass.-based TowerGroup Inc. finds that this proposal has far-reaching implications for the insurance companies and agents selling the products.

As IT infrastructures become more complex, carriers look to a mix of new technologies and old methodologies.

Leasing Equipment Answer Capital Preservation