Compliance

Delaying the health insurance employer mandate mostly affects employers, experts say; health insurers continue to focus on exchanges.

The White House on the evening of July 2, in a blog posting from Valerie Jarrett, senior advisor to the President, announced it will suspend for one year reporting requirements in 2014 for larger employers to demonstrate compliance with a mandate to offer employees health insurance coverage, and not enforce financial penalties for larger employers that fail to comply until 2015, one year later than authorized in the Affordable Care Act.

Florida Commission certifies AIR’s latest models for residential and commercial residential properties in the state.

Surveys from Towers Watson and IIS describe global insurance executives’ concerns and find much consistency across nations.

The insurer's vice chairman responds directly to a regulator's claim that insurers use captives to alleviate capital requirements.

State insurance regulators were among those who attended a private meeting hosted by the Federal Housing Finance Agency about alleged kickbacks and price gouging.

FIO emphasizes global responsibilities and opportunity for growth.

Comply solution designed to enable insurers to manage risk by automating regulatory change management processes.

Board members should raise nine critical questions when discussing technology strategy with IT and business managers.

SmartAdvisor designed to simplify medical reporting for meeting state compliance requirements.

Product designed to enable carriers to track circular changes, plan for implementation and analyze their potential impact.

AIG has previously stated that it would not oppose such a designation; Prudential has 30 days to decide whether it will appeal the decision.

Alaskan Governor Sean Parnell has signed two pieces of legislation designed to modernize insurance laws in Alaska and enable more online transactions and interactions.

Partnership made in anticipation of integration with Vermont Health Connect, the state's health insurance exchange.

Smaller U.S. insurers with overseas parent companies are unlikely to be targeted by FSOC; American Council of Life Insurers defends foreign nonbank financial companies.

PCI applauds the passing of "No Play, No Pay" and Workers’ Comp Reform in Missouri; new legislation also permits electronic proof of insurance for consumers.

As the debate over the renewal of the Terrorist Risk Insurance Act (TRIA) heats up in the United States, Aon Risk Solutions released its 10th annual Terrorism and Political Violence Map in an attempt to help companies assess risk levels of political violence and terrorism.

Yesterday the Consumer Federation of America (CFA) released a statement that suggested a renewal of the Terrorism Risk Insurance Act (TRIA) may not be necessary given the near-record industry surplus of nearly $600 billion. Today, the Insurance Information Institute responded by emphasizing the stability TRIA continues to provide.

INN developed the ranking in partnership with Celent, an independent business research and advisory service with a specialization in insurance technology. Celent facilitated survey development, data collection and analysis. The result is an insightful set of rankings based on objective peer review.

Insurers venturing into new territories, both geographically and technologically, may need to pay closer attention to data standards.