Security risk

Legislation seeks to reduce overlapping regulations in the nonadmitted market.

The president of the Federal Reserve Bank of Chicago said last week that financial institutions should be forced to buy capital insurance, or issue debt that could be converted into equity in a crisis.

The storm clouds that tend to visit America’s Atlantic and Gulf coasts each autumn may have a silver lining for reinsurers based in Bermuda. A new report from New York-based Deloitte, which features analysis from Standards and Poor's reinsurance director Laline Carvalho, says a variety of factors have quelled reinsurers' appetite for risk, which will result in higher prices for reinsurance.

The developer of what may well be the world’s first mass-produced “flying car” is discussing a range of options with underwriters from several companies in an attempt to come up with an affordable insurance policy for this hybrid vehicle/aircraft.

Richmond, Va.-based Genworth Financial says its U.S. mortgage insurance business was seeing positive results from the Obama Administration's Home Affordability Refinance Program (HARP).

The Healthcare Billing & Management Association (HBMA) presented findings from a survey aimed to find out how billing services and health insurers work together to manage claims processing.

Aon Benfield’s July Reinsurance Market Update report shows catastrophe-exposed programs outside of the United States remained firm.

The new head of the AIA, Leigh Ann Pusey, weighs in on a bevy of legislative issues pertinent to the insurance industry.

If insurers succeed in excising all elements of risk from within their own walls, they may in turn run the risk of stifling learning and creativity.

As the technical and legal merits of the technology improve, carriers are increasingly implementing to achieve true straight-through processing and a competitive advantage.

Arch Re is employing a Web-based system to ease the manual burden of the insurers with which it works.

A report from ISO and PCI says the decline stems from a combination of underwriting losses and a deterioration in investment results.

Solution to include investment accounting and portfolio management software and services.

Watson Wyatt CEO John Haley and Towers Perrin CEO Mark Mactas will head up the combined company, Towers Watson & Co.

With China's new insurance laws set to take effect later this year, many insurers may need to upgrade their claims systems to keep pace.

When financial systems are compromised, we may not even hear about it for months.

The key will be if the Office of National Insurance can deliver on its promise of greater uniformity of regulation among the states.

The Retirement Security for Life Act would halve taxes on annual income derived from retirement vehicles.

Draft proposal of bill also calls for establishment of a health care exchange.

Financial Instruments Reporting and Convergence Alliance coalition includes industry stakeholders from both life and property/casualty insurance groups.