Security risk

The extension of the plan, which was set to expire today, will allow the program to continue operating under its current terms through March 6, 2009.

Gina Boone will serve as the company’s chief legal officer, providing direction and oversight to regulatory and compliance initiatives.

The Association for Insurance Compliance Professionals has elected its 2008-2009 board of directors.

A free online service provides necessary state-by-state hurricane-related bulletins and department of insurance compliance information.

Bill seeks to redress perceived tax advantage for foreign-based reinsurers.

Life insurance association says market turmoil underscores need for regulatory changes.

Opponents of the legislation claim enactment would hurt consumers.

AIG works quickly to shore up support and stave off panic as its leadership transitions and the marketplace repsonds.

Companies will combine regulatory content and delivery technologies to create an on-demand compliance tool for carriers, agents and brokers.

The solutions will combine the expertise of IBM's Global Business Services and Norkom's financial crime and compliance software.

The bill reforms the way agents and brokers are licensed.

As the government assumes control of the company, the specter of new regulation rises.

Late Tuesday, the Federal Reserve Board made an unprecedented move to rescue American International Group Inc., giving the U.S. government a 79.9% stake in the failing company.

Pinnacle Life, Allied North America and Harleysville Insurance win first, second and third place in Insurance Networking News’ 2008 INNovators Award.

Total losses are expected to make the hurricane the third-most expensive in history.

Association says SEC prematurely quelled debate on rule to regulate fixed annuities.

Association offers its support for bill that would establish federal insurance advisory.

Insurance execs expect sub-prime issues to have significant negative impact on 2009 financial performance, and 36% of the execs expect the risk associated with adequately pricing risk, to be the most significant challenge over the next three to five years, according to a survey conducted by KPMG.

AIG and four former senior executives have agreed to pay shareholders $115 million to settle claims stemming from charges of self-dealing transactions.

New research predicts a shift in IT priorities as the deadline for comprehensive regulations for European insurers nears.