Risk

Accounting standard-setters issued new rules Wednesday that could have profound effects, not just on how assets and liabilities get valued but on how banks and financial services firms do business.

New research points to financial institutions' responses to the financial crisis, regulatory changes and a desire to combat financial crime.

Duck Creek and Pitney Bowes partner on policy administration; Guidewire forges alliances.

Insurers watch as accounting standard setters prepare to issue new rules that could have profound effects on their business.

Carriers need to spend to optimize current business processes while simultaneously laying the foundation for future growth.

A surprising reprimand of national politicians and a less surprising disregard for the industry highlighted the conference’s first day.

Fitch affirms Markel, S&P revises outlook on Mutual of Omaha and A.M. Best affirms Unitrin ratings.

The partnership grants RiskMeter users access to RMS’ Average Annual Loss and Probable Maximum Loss data.

Sen. Patrick Leahy, the No. 2 Democrat on the Agriculture Committee, was named as a conferee instead of Sen. Mark Warner.

INN’s 2010 Vanguards in Insurance Practices Awards represent true votes of confidence by insurers who rate the value provided by technology solution providers.

Reform passage means a federal insurance regulator is on the horizon.

Early disclosures include only property losses, affecting earnings rather than capital; no rating changes currently expected.

Commercial lines market to remain stable, but concerns over natural catastrophes, and volatile political and economic environments persist, according to new report.

Industry cautiously optimistic as Senate passes financial services overhaul.

As a result, the government ponders creation of a Financial Stability and Development Council to lay down clear guidelines for the financial market.

The bill must now be reconciled with the House version.

The successful cloture vote means senators have a maximum of 30 hours to debate the bill.

We provide insurance for those whose identities are stolen, so why not add preventive services?

For a bill that has already seen its fair share of fits and starts, regulatory reform legislation hit a wall Wednesday as it failed a key procedural vote in the Senate.

Insurers watch as the amendment could affect use credit scores for underwriting.