Regulation and compliance
Regulation and compliance
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AIA and ACLI contend interim rule would violate McCarran-Ferguson Act.
December 29 -
National Insurance Producer Registry president, vice president and secretary/treasurer elected during December 15 teleconference meeting.
December 29 -
Chair, vice-chair and treasurer elected during a special December election.
December 29 -
The coming year will bring additional regulatory oversight and new efforts by health insurers to manage it. Health insurers will be asked to justify rate increases for individual and group policies, according to the Department of Health and Human Services. Last week HHS said it will require rate increases of 10% or more to be publicly disclosed and reviewed.
December 28 -
Provision of Dodd-Frank Act would require agencies to issue ratings using identical terminology.
December 28 -
Executives from across the globe are wrapping up reports on just what went wrong and why this year, with the key goal of avoiding similar glitches in the future.
December 28 -
Consumer Financial Protection Bureau may prove to be the most important agency to watch in 2011.
December 27 -
Perhaps no section of the law is more critical to that discussion than the Federal Deposit Insurance Corp.'s power to unwind failing giants.
December 27 -
Deciding which financial firms beyond banks are systemically important is one of the biggest decisions still to be made by regulators under the Dodd-Frank Act.
December 23 -
IIABA says removal of uncertainty going forward is key as President Obama signs extension of existing rates
December 21 -
Association will focus first and foremost on working with regulators on implementation of the Dodd-Frank Act.
December 20 -
It's illegal to text while driving in most U.S. states. Yet a study by researchers at the Highway Loss Data Institute (HLDI) that tracked four states’ claims activities before and after such laws were passed finds no reductions in crashes after laws take effect.
December 17 -
Regulatory, economic uncertainty cloud life and annuity carriers growth potential, making delivery of new products, cost cutting now mandatory, notes Ernst & Young report.
December 16 -
Insurers may be interested to note the results of the study released by the Basel Committee on Banking Supervision.
December 16 -
Rep. Barney Frank plans to defend the Dodd-Frank Wall Street Reform and Consumer Protection Act from Republicans, and he made it clear he's willing to get personal.
December 15 -
Members of the National Association of Insurance Commissioners (NAIC) held a special interim election during a conference call. Louisiana Insurance Commissioner James Donelon was elected NAIC VP and Illinois Insurance Director Michael McRaith was elected NAIC secretary-treasurer.
December 13 -
Top companies in our survey grind down costs by consolidating IT and rationalizing processes. Theyre growing faster as well.
December 10 -
Financial legislation requires surplus lines producers to participate in a national database for licensing and renewals.
December 10 -
The highest-priority initiatives continue to be policy admin and BI, with claims, agent portals and commissions also of importance.
December 10 -
Just 15% of health care CIOs surveyed were confident they could meet the April 1, 2011 deadline to qualify for meaningful use incentives.
December 9