Insurance Regulation
New York Insurance Banking Cybersecurity Regs to Be Delayed Past Jan. 1
New York's financial regulator will delay an anticipated Jan. 1 deadline for banks and insurers doing business in the state to comply with controversial cybersecurity rules, a person familiar with ...
N.J. Life Insurance Agent Charged With Stealing Client Identities
State authorities say a former insurance agent assumed the identities of former clients to fraudulently apply for new life insurance policies in their names. Marta Cristina Cunha is charged with ...
China Insurance Regulator Tightens License Rules: Sources
China's insurance regulator is making it much tougher for insurers to get new licenses as it seeks to reduce risks resulting from the aggressive business and investment practices of some players, ...
Moving From Good to Great Compliance: A Strategic Asset to Help Power Performance
News headlines everywhere have trumpeted the consequences of compliance failures in various industries. It is thus not surprising that in an industry like insurance, which is based almost completely ...
Industry Associations Applaud Draft NFIP Reform Principles
Insurance industry associations are applauding the draft Principles for Flood Insurance Reauthorization and Reform issued by the House Financial Services Housing and Insurance Subcommittee. These ...
CFA’s Hunter Reacts in Actuarial Battle: Allstate’s Plan Is Price Optimization
Carrier Management recently published an article in three parts by James Lynch, chief actuary and vice president of Research and Information Services at the Insurance Information Institute, based ...
Large Insurers May Gain as a Trump Administration Deregulates
Wide-ranging financial industry deregulation under President-elect Donald Trump could benefit large insurers, particularly those such as AIG and others deemed as systemically important under current ...
With Brexit, UK Govt. Should ‘Refine Not Replace’ Solvency II: ABI
Rather than replacing Solvency II entirely when the UK leaves the European Union, regulators need to refine EU's insurance regulation to make it more appropriate for the UK market and customers, ...