Product designed to enable carriers to track circular changes, plan for implementation and analyze their potential impact.

AIG has previously stated that it would not oppose such a designation; Prudential has 30 days to decide whether it will appeal the decision.

Alaskan Governor Sean Parnell has signed two pieces of legislation designed to modernize insurance laws in Alaska and enable more online transactions and interactions.

Partnership made in anticipation of integration with Vermont Health Connect, the state's health insurance exchange.

Smaller U.S. insurers with overseas parent companies are unlikely to be targeted by FSOC; American Council of Life Insurers defends foreign nonbank financial companies.

PCI applauds the passing of "No Play, No Pay" and Workers’ Comp Reform in Missouri; new legislation also permits electronic proof of insurance for consumers.

As the debate over the renewal of the Terrorist Risk Insurance Act (TRIA) heats up in the United States, Aon Risk Solutions released its 10th annual Terrorism and Political Violence Map in an attempt to help companies assess risk levels of political violence and terrorism.

Yesterday the Consumer Federation of America (CFA) released a statement that suggested a renewal of the Terrorism Risk Insurance Act (TRIA) may not be necessary given the near-record industry surplus of nearly $600 billion. Today, the Insurance Information Institute responded by emphasizing the stability TRIA continues to provide.

INN developed the ranking in partnership with Celent, an independent business research and advisory service with a specialization in insurance technology. Celent facilitated survey development, data collection and analysis. The result is an insightful set of rankings based on objective peer review.

Insurers venturing into new territories, both geographically and technologically, may need to pay closer attention to data standards.

Profitability will depend on monitoring, automated reconciliation, proper administration and compliance.

The proportion of life insurers now offering e-signatures in their dealings with customers or agents has increased to 74 percent from 47 percent over the past five years, according to “Have E-Signatures Finally Arrived? An Update for Life Insurers,” from Celent, a research and advisory firm.

The Director of the Federal Insurance Office, Michael McRaith, is calling for the submission of information regarding natural catastrophes and insurance for a report to be submitted to Congress, an FIO report mandated by the Biggert-Waters Flood Insurance Reform Act of 2012.

Many compliance executives working in the U.S. insurance space admit to a lack of consistent structure, lack of institutionalized processes for sharing regulatory information and disjointed use of technology.

SAS Risk Management for Insurance brought in by insurers to support Solvency II compliance.

“The longer things remain uncertain, the more pressure that puts on the industry,” said Howard Mills, director and chief advisor of Deloitte’s insurance industry group and former New York State Insurance superintendent. “It’s sort of an artificial cloud hanging over the industry’s head; what’s going to happen with SIFI designations, what’s going to be in the FIO report? There’s just so much uncertainty out there.”

The life insurer's chairman and CEO spoke frankly before regulators, saying the "traditional business of life insurance does not pose systemic risk."

Riverside to use SunGard’s enterprise accounting system for investment and compliance, in addition to accounting.

Actions against four large mortgage insurers is only the beginning as the Consumer Financial Protection Bureau looks to squash deals between reinsurers and mortgage insurers.

As the system gains acceptance, regulators expect major expansions to the use of LEIs in an effort to gain insight into the connectivity of financial systems.