Security risk

Association says proposed changes to the arbitration system are unfair.

Letter asks senators to scuttle Insurance Information Act

The planned acquisition of AIX Holdings follows two other acquisitions The Hanover has made in recent months to build out its product and service capabilities for its agent partners.

Tim Owen will be responsible for leading product management across Sircon’s carrier, agency and broker customer segments.

Washington - The National Oceanic and Atmospheric Administration (NOAA) offered some dire predictions today, stating that the Atlantic hurricane season will be more active than forecasters first predicted, with up to 10 hurricanes expected to form.

Based on their banking colleagues experiences with the implementation of the Basel II accord, Aon recommends European insurers ready themselves for Solvency II long before 2012.

The transition to the global use of International Financial Reporting Standards (IFRS) may create dramatic change in insurance products, investment strategies, risk management and M&A activities.

The prospect of an optional federal charter for insurers gets another airing.

Needham, Mass. - In June 2008, the U.S. Securities and Exchange Commission (SEC) released a proposal to reclassify the annuity products referred to as fixed indexed annuities or equity indexed annuities (indexed annuities) as securities. New research from Needham, Mass.-based TowerGroup Inc. finds that this proposal has far-reaching implications for the insurance companies and agents selling the products.

As IT infrastructures become more complex, carriers look to a mix of new technologies and old methodologies.

Leasing Equipment Answer Capital Preservation

As providers seek to improve patient satisfaction and associated business outlook, many are turning to electronic health records as one way to become more efficient and improve their operations.

Congress holds hearing on the regulation of long-term care insurance.

The Chicago-based insurer issued a client bulletin to provide healthcare managers with risk management guidance on responding to serious medical errors.

Travelers, Nationwide, The Big I and The Council are fostering a comprehensive, private-market approach to improve the affordability and availability of coastal wind storm insurance for homeowners.

Stamford, Conn.-based professional services firm Towers Perrin is looking for data submissions for its 2008 Directors and Officers (D&O) Liability Survey, which chronicles D&O liability insurance purchasing trends.

Insurance Information Act Presses On The controversial effort to establish a federal insurance advisory clears a legislative hurdle.

Expanded Role for RRGs Elicits Concern Insurers raise hackles as the Increasing Insurance Coverage Options for Consumers Act moves out of committee.

Celent: Insurers Can Improve the State Filing Process Insurers take action to improve their state filing process, and technology is a key contributor.

The action was taken in response to emerging concerns expressed by state regulators and The Securities & Insurance Licensing Association (SILA) advisory board members regarding the potential for conflict of interest between Kaplan and SILA.