Compliance

In a special report, A.M. Best Co. concluded that the sharp decline in income and consequent drop in regulatory capital reported by some Canadian companies was a result of mark-to-market accounting already in place rather than conversion to Canadian International Financial Reporting Standards (IFRS-C).

As BYOD and mobile devices become more prevalent in enterprise operations, limitations emerge.

The carrier's first foray into the cloud came with security concerns that lead to more in-house control over compliance solutions.

Banking industry exec discusses the issue’s force-placed furor, the industry's response and possible areas of compromise.

Insurance group aims to mitigate regulatory risks across specialty P&C, annuity and supplemental health insurance businesses.

As many no-fault states look into changing the laws, Fitch finds that large auto policy underwriters such as State Farm, Progressive and Allstate have reported weaker underwriting results in some of these states.

The Financial Stability Oversight Council can begin the three-stage process of designating firms as systemically important financial institutions.

Brian Duperreault has been named chairman of the Federal Advisory Committee on Insurance, the advisory panel to the Federal Insurance Office.

Looking beyond ROI and hard benefits, insurers are turning to Web 2.0 concepts to invigorate internal operations.

Policy offering from Janco includes electronic form for employee agreement to terms of access, use of enterprise data.

Property/casualty sector excluded, but med-mal caps provision expected to be opposed by White House, Senate Democrats.

Wendy Richey brings VP experience from HealthSpring as well as a federal background, after working with congress throughout the passage of the Patient Protection and Affordable Care Act.

For dealing with the immense complexities behind regulatory and risk concerns, static data and spreadsheets may not cut it.

Seven state insurance commissioners among 15-member Federal Advisory Committee on Insurance; meeting agenda not set.

Fewer fraudulent claims and lower premiums a few effects of the passed personal injury protection reform.

Product addresses a variety of best practices and risks associated with employee use of personal devices for work, including legal issues that arise from access of employee data by an employer.

Regulatory claims tops the list of liability issues, as more than two-thirds of companies in new study report inquiring on amount and scope of D&O coverage.

The Consumer Financial Protection Bureau will issue rules that would impose new limits on force-placed insurance products.

Insurers using new enterprise social marketing platform to standardize the compliance efforts of its employees, representatives using social networking sites.

The Securities and Exchange Commission has pressed bailed-out insurer American International Group to provide more disclosures on guaranteed interest rates in its life insurance business.