Regulation and compliance
Regulation
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A Manhattan federal judge on Monday denied Coventrys request that he throw out the bulk of Lavastones claims, including those alleging racketeering, fraud and breach of implied good faith, in an abbreviated decision.
February 5 -
The information compromised includes names, birthdates, Social Security numbers, street and e-mail addresses and employee data, including income, Anthem said.
February 5 -
With the National Association of Insurance Commissioners looking closely at industry- data security practices through a task force, its likely that new standards soon will emerge.
February 2 -
The filing will also help the company avoid a Securities and Exchange Commission move to appoint a receiver, which could lead to a liquidation and make an appeal of the judgment impossible.
January 22 -
The insurer is mounting the strongest opposition yet to a provision of the 2010 Dodd-Frank law, which was passed to prevent future financial crises.
January 13 -
After weeks of uncertainty, President Barack Obama Signed Into Law the Terrorism Risk Insurance Act of 2015, making terrorism insurance affordable and available.
January 13 -
Having passed both the House and Senate, the Terrorism Risk Insurance and National Association of Registered Agents and Brokers acts advance toward Presidential approval.
January 8 -
The legislation, which includes a measure to enact the NARAB Reform Act of 2015, now moves to the U.S. Senate for approval, after it expired on Dec., 31, 2014.
January 8 -
The bill now goes to the Senate for a vote that would send the measure to President Barack Obama to be signed into law.
January 8 -
Congress fails to reauthorize the Terrorism Risk Insurance Act before adjourning for the year, undoing a program for shared public and private compensation for insured losses resulting from acts of terrorism.
December 30 -
The ruling subjects MetLife to stricter Federal Reserve oversight; the insurer can appeal in U.S. district court within 30 days.
December 29 -
The near failure in 2008 of American International Group Inc., which required a $182.3 billion bailout, highlighted the risks of insurers.
December 19 -
Easing the regulatory burden is the happy by-product of many core system upgrades.
December 19 -
The insurer expanded this year to more than $900 billion in assets, passing Goldman Sachs Group Inc. to become the fifth- largest company in the Standard & Poors 500 Index on that basis.
December 18 -
Efforts to reauthorize the Terrorism Risk Insurance Act for six years fell apart after Senator Tom Coburn, an Oklahoma Republican who is retiring, held up the legislation.
December 17 -
Insurers are learning that compliance doesnt always have to be about red tape and adding cumbersome new procedures.
December 16 -
The Coalition to Insure Against Terrorism warns that if the insurance-industry protection program isn't re-upped, places and events that look enticing to terrorists won't be able to get the insurance they need.
December 16 -
Insurers create special-purpose entities in states with less-restrictive rules and shift customer policies into those units.
December 15 -
House unanimously passed the bill; insurers had lobbied for the change to the 2010 Dodd-Frank financial-regulation overhaul.
December 12 -
Senate approval would move the measure to President Barack Obama for final approval.
December 11