House bill would regulate OTC derivatives marketplace

Insurance groups squabble during senate hearings on the repeal of the McCarran Ferguson Act.

AHIP continues to maintain that the bill, as passed, would represent billions of dollars in new health care taxes and provides incentives for people to purchase insurance only after they become ill.

Insurers watch for ramifications of today's panel vote that will likely pass a bill designed to strengthen regulation of derivatives and then act on legislation to create a consumer protection agency.

House hearing considers changes to the McCarran-Ferguson Act.

From cloud computing to legacy systems to the business/IT relationship, insurance CIOs discuss areas affecting their careers and ability to perform.

Competing testimony before House committee highlights schism over creating a national regulatory presence to monitor insurers.

While the details of the legislation remain unchanged, the proposed Office of National Insurance has been renamed the Federal Insurance Office.

Burning the midnight oil, Senate Finance Committee finalizes health care reform legislation

President Obama signs a last-minute extension of the oft-extended National Flood Insurance Program.

The Senate Banking Committee Chair wants to "eliminate the overlaps, redundancies and additional red tape created by the current alphabet soup of regulators."

One of the most frightening aspects of the financial services meltdown is that it may well happen again. Indeed, a new paper from Society of Actuaries (SOA) and the Joint Risk Management Section says a focus a widespread embrace of enterprise risk management coupled with regulatory enhancements are needed to avert future crises.

Just a year after the launch of its Attachments Warehouse, the National Insurance Producer Registry(NIPR), a non-profit affiliate of the National Association of Insurance Commissioners, announced an enhancement to the licensing tool that electronically stores documents submitted by applicants. NIPR’s Reporting of Actions (ROA) expands electronic filing abilities to enable producers to submit necessary documents for reporting administrative, criminal or civil action.

One of the best things about covering the technology industry is that one doesn’t usually have to sully oneself with the hogwash that passes for discourse and wisdom among our nation’s politicians.

Discoverture Solutions (Discoverture), .a Phoenix-based insurance industry-focused IT solution and service provider, is pleased to announce the company's software development center achieved a CMMI Maturity Level 3 rating during a recent appraisal.

One of the most contentious subjects broached at the National Association of Insurance Commissioners Fall 2009 meeting was the issue of a public catastrophe model.

The National Association of Professional Insurance Agents (PIA) is expressing gratitude for an amendment that counters efforts to exclude independent agents from the health care exchanges envisioned in America’s Affordable Health Choices Act of 2009 (H.R. 3200).

Photos from INN’s Women in Insurance Leadership Forum.

Association says their proposal offers a more comprehensive solution to cross-border reinsurance transactions.

Vice President Joe Biden faced a standing-room-only audience yesterday at a meeting of the National Association of Insurance Commissioners (NAIC), where he discussed the Administration’s health care proposal and the need to create a level playing field in the insurance industry. Biden was invited to speak at the NAIC Fall meeting in National Harbor, Md., where he told members that the reform health care would not impact health insurers’ competitive set. “I want insurance companies to make money,” he said.