Compliance

Reform passage means a federal insurance regulator is on the horizon.

Industry cautiously optimistic as Senate passes financial services overhaul.

As a result, the government ponders creation of a Financial Stability and Development Council to lay down clear guidelines for the financial market.

The bill must now be reconciled with the House version.

The successful cloture vote means senators have a maximum of 30 hours to debate the bill.

For a bill that has already seen its fair share of fits and starts, regulatory reform legislation hit a wall Wednesday as it failed a key procedural vote in the Senate.

As legislators ponder lifting cap on damages resulting from oil spill, Senate Majority Leader Reid suggests abolishing it altogether.

Minneapolis-based Wolters Kluwer Financial Services reports that it will incorporate its insurance compliance information and analysis technologies with FINEOS Claims for Workers’ Compensation.

Facebook remains an intriguing channel and marketing tool for insurers, and this debate with regulators underlines just how important it could be.

A coalition of industry associations is working to scuttle an amendment to financial reform legislation that would strip health insurers of anti-trust protections currently enjoyed under the auspices of the McCarran-Ferguson Act.

In testimony on Capitol Hill, industry says the use of credit scores vital for underwriting.

Lack of communication, persistence of silos among the factors hampering risk management at an enterprisewide level.

As legislators craft reform measures for the financial services industry, insurers are asking to be excluded from funding a bailout mechanism for systemically risky companies.

Sale of common stock and senior notes have brought the mortgage insurer back into compliance with the risk-to-capital ratio and minimum policyholders' position requirements.

Sircon for Carriers is designed to streamline a producer’s lifecycle process by automating the licensing and appointing, producer compliance management and agent on-boarding aspects.

INN announces a call for nominations for the 2010 Women in Insurance Leadership program.

With data exchange standards and technology maturing, the focus is moving toward implementation, architecture and advocacy.

While much of the focus of the regulatory front has focused on Capitol Hill, insurers are engaging in some pitched battles at the state level.

The seeming over-abundance of accolades can obscure real business accomplishments.

As the number of claims mount, insurers are in a scramble to manage risk management issues surrounding property/casualty coverage of faulty Chinese drywall. Yesterday, Louisiana became the first state to openly challenge insurers, passing a bill stopping insurers from increasing premiums or canceling homeowners and commercial property coverage because of such claims.