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Critics contend the failure of Gramm-Leach-Bliley is that it failed to produce a coherent regulatory mechanism that was up to the new powers it created.
November 10 -
An expanded sales force will be expected to sell the company's MainStay mutual funds to advisers, brokers, plan sponsors and consultants.
November 10 -
A.M. Best, Fitch Ratings and S&P react to Berkshire Hathaways acquisition announcement, and announce changes to 14 other insurers ratings.
November 9 -
Pending regulatory approval, Assured Guaranty Ltd., the holding company for Assured Guaranty Corp. and Financial Security Assurance Inc. (FSA), will change the name of FSA to Assured Guaranty Municipal Corp. The Company also plans to change the names of the FSA companies worldwide.
November 9 -
The legislation, which carries a bevy of new restrictions for insurers, passed in the House 220-215. Industry associations expressed disappointment, and concern about a repeal of its exemptions from antitrust oversight.
November 9 -
Lawmaker proposes granting government authority to preemptively restructure firms that pose systemic risk.
November 9 -
The U.S. insurance industry lost 3,400 jobs in October, and 67,100 jobs in the past year.
November 9 -
New CEO Liam McGee says the insurer is "emerging from the challenges of the last 18 months."
November 9 -
While much progress has been made, the insurance industry still struggles with standardization.
November 6 -
Insurers with thrifts wait for next week when Senate Banking Committee Chairman Chris Dodd finally unveils his regulatory reform bill.
November 6 -
In the past five years, BB&T Insurance developed a network of agencies in both the Orlando and Tampa-St. Petersburg areas.
November 6 -
The alignment of IBMs IAA data model with the ACORD Framework is designed to provide insurers with accelerated capabilities to implement ACORD standards and SOA.
November 5 -
Legislation mandates that broker-dealers put client interests above all else.
November 5 -
In addition to offering proprietary life insurance, Phoenix now providesthrough its Saybrus Partners unitlife insurance consulting services to financial advisers.
November 5 -
Downward pressure was effectively mitigated by the excess capital built up from several consecutive years of surplus growth prior to 2008, notes research.
November 5 -
As the health care debate drags on, time constraints may end up dashing efforts for broad-based reform.
November 4 -
Rising global temperatures will put the heat on insurance as flood costs rise, says new research from the Association of British Insurers.
November 4 -
A benefit-based approach to a data warehouse project can be boiled down to a list of bullet points.
November 4 -
Although not currently negotiating with firms that took bailout money, Kenneth Feinberg admitted that egregious situations may force the feds to recoup payments.
November 4 -
In its fourth annual program, INN recognizes Farmers Insurance for its enterprisewide IdeaPoint innovation.
November 3


