Compliance

The reform bill, which could pass today, should make the Fed a more assertive regulator focused on anticipating the next systemic threat.

Annuities deemed not to be securities and will remain under state regulatory purview.

Senate passage may come Thursday after Sen. Nelson's commitment.

Last procedural roadblocks blocking landmark legislation are cleared as Sen. Olympia Snowe signals she will back bill.

Claims-handling, licensing and underwriting issues continue to dominate the annual list of market conduct exams.

Both the Property Casualty Insurers of America (PIA) and the American Insurance Association (AIA) hailed a Michigan Supreme Court’s 4-3 decision stating that the Michigan insurance commissioner does not have the authority to arbitrarily ban the use of credit-based information by insurers in pricing and underwriting. The decision, which arose from the Insurance Institute of Michigan, et al v. Commissioner, Michigan Financial and Insurance Services, Department of Labor and Economic Growth, plays forward in positive ways for insureds, notes David Snyder, vice president and associate general counsel of the AIA.

Auto parts, market conduct rules on the docket at legislators’ summer meeting.

Insurer says old enrollment forms containing sensitive information were mistakenly left in discarded file cabinet.

The Department of Health and Human Services has launched a website to enable consumers across the nation to compare and choose health insurance plans operating in their geographic region.

The bill lays out an ambitious agenda for consumer protection, but leaves the new regulator on its own for how to accomplish those goals in addition to getting itself up and running.

In the face of public anger, and legislators anxious to produce a fix, the insurance industry was able to influence the course of financial reform legislation largely to its liking.

H.R. 5569, a temporary reauthorization of the National Flood Insurance Program (NFIP), will land on President Barack Obama’s desk in the coming days.

The bill was passed late Wednesday 237 to 192, and goes on to the Senate, which is not expected to act until later this month.

The bill's ultimate fate remains a cliffhanger as Senate leaders announced they would not consider it until after the holiday recess.

The boards believe the amendments would improve the comparability of fair value measurements presented and disclosed in financial statements prepared in accordance with U.S. GAAP and IFRS.

Standard Poor's Ratings Services issued a statement today charging that the fundamental structure of the U.K. life insurance sector is changing. Life insurers over the next few years will have to adapt their business models at both the local and European levels to accommodate changes due to economic weakness and regulatory changes, notes the rating agency. Market consolidation could accelerate and product economics could be reappraised, with renewed attention on distribution models, notes S&P.

In ruling, justices vote to uphold primary tenets of Sarbanes-Oxley Act.

While the House is still expected to pass the bill, it's unclear if Democrats still have enough support to enact it.

INN announces the results of its fifth annual program recognizing the distinct and outstanding accomplishments and contributions of women in the insurance industry.

For every agency or industry participant that appeared to gain in the bill, there also was a significant downside.