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As a result, the government ponders creation of a Financial Stability and Development Council to lay down clear guidelines for the financial market.
May 21
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The bill must now be reconciled with the House version.
May 21 -
The successful cloture vote means senators have a maximum of 30 hours to debate the bill.
May 20 -
We provide insurance for those whose identities are stolen, so why not add preventive services?
May 20
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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.
May 20 -
Insurers watch as the amendment could affect use credit scores for underwriting.
May 20 -
Agency adjusts the guidelines by which it rates both property/casualty and life insurers.
May 19 -
As legislators ponder lifting cap on damages resulting from oil spill, Senate Majority Leader Reid suggests abolishing it altogether.
May 19 -
Onus is on them to address the elephant in the room, manage reality-based models, and shape organizational culture in post-crisis world, says Swiss Re.
May 19 -
Life insurers are adjusting the way they calculate capital requirements a new study from New York-based Towers Watson finds. The report, Evolving Capital Management Practices, queried 30 CFOs and found they expect to make greater use of economic capital when determining capital requirements.
May 18 -
Blue Cross Blue Shield of Kansas Citys integration of Tuo Underwriting system is part of a marketing strategy to leverage Tuo and Microsoft Dynamics.
May 18 -
Facebook remains an intriguing channel and marketing tool for insurers, and this debate with regulators underlines just how important it could be.
May 18
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S&P affirms Liberty Mutual Group Inc., A.M. Best downgrades Town and Country Mutual Insurance Co. and Moodys upgrades Unum Group.
May 18 -
After rebuilding balance sheets following a costly 2008, P&C insurers hope to not face further financial risks.
May 17 -
The question of how to handle security identification is a thorny one.
May 17
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A coalition of industry associations is working to scuttle an amendment to financial reform legislation that would strip health insurers of anti-trust protections currently enjoyed under the auspices of the McCarran-Ferguson Act.
May 14 -
Alterra Capital Holdings sees favorable ratings following merger, Farmers Union Mutual Insurance Co. and First Chicago Insurance Co. downgraded.
May 14 -
In testimony on Capitol Hill, industry says the use of credit scores vital for underwriting.
May 14 -
A survey conducted by Munich Re America that targeted insurance executives to determine their most pressing concerns revealed what most in the industry know: the economy still presents a challenge, but less so than last year.
May 13 -
The new Cyber Command appointment confirms the notion that we really are engaged in cyber-war.
May 13