Security risk

Clean, solid data is fundamental to mitigating risk, but insurers continue to slide by with poor information.

Both sides in the debate over federal regulation of the insurance industry find something to like in the new financial blueprint.

Parts of the plan, including giving the Fed sole authority to police risks to the financial system, eliminating the thrift and specialty charters and scaling back national banks' preemption powers, are likely to prove too ambitious to succeed.

Witnesses say size should not be the sole consideration when determining which enterprises pose a threat to the economy as a whole.

Citing states’ history of consumer protection and market stability, the state-based insurance regulatory system is one of critical checks and balances, says Illinois Insurance Director.

Pointing to “gaps and weaknesses” in the supervision and regulation of financial firms, AIG is identified as the government’s most visible example of a firm that escaped the “strictures” of serious holding company regulation.

ACORD LOMA and IASA will be a scant 10 days apart, but will marketing budgets support attendance at both?

The Group of North American Insurance Enterprises believes changes to the Available for Sale (AFS) classification of investments could harm insurers' ability to present an accurate representation of an insurance company’s financial condition or performance.

Services are designed to help insurers define improvements in operational practices around risk management.

Group warns of regulatory arbitrage in a letter to Treasury Secretary.

Association urges NAIC to streamline regulations.

Mary Weiss will play key role in the NAIC's new Center for Insurance Policy and Research.

Society of Actuaries and Aon warns that organizations will need to step up their business continuity and preparedness plans in response to the pandemic declaration.

Observers said the new standards, unveiled earlier this week, include a call to require compensation committees to be independent of management, are already widely practiced, and would not have a significant impact.

Critics of new health care legislation contend that a public option would eventually displace the private market.

Insurance business and IT executives agree that when an IT solution is on the table, IT is responsible for communication tied to its success.

Some people may be tired of talking about it, but the temptation to give up must be fought at every turn.

IT Governance needs to be a continuous process for examining and re-evaluating projects as they move through the pipeline.

Treasury Secretary says the job is too complex for just one agency.

Sometimes the solution to reaching insurance company customers is deceptively simple.