Insurance Regulation
Insurers Seek Influence on Next Round of Transatlantic Trade Negotiations
Insurers are doing what they can to shape the next negotiating round for the Transatlantic Trade and Investment Partnership, which is set to begin the week of July 11. The TTIP is designed to boost ...
More Regulatory Uncertainty: Coping With Brexit
Have you ever been skydiving? If, like me, you're a newbie with a healthy fear of jumping out of an airplane thousands of feet above the ground, the trick is to never quite believe it's going to ...
GE’s Slimmed Down Financing Arm Sheds ‘Too Big To Fail’ Designation
General Electric Co.'s slimmed down financing arm shed its "too big to fail" designation on Wednesday, no longer deemed by the U.S. government "systemically important" and so liable to wreck the ...
A Top Priority: Regulators Tackle Cybersecurity
Of all the issues currently facing the insurance industry, perhaps none is more important than cybersecurity. The recent data breaches at four insurance companies focused attention on the insurance ...
Highlights of the Insurance Data Security Model Law
A draft of the Insurance Data Security Model Law was released by the Cybersecurity (EX) Task Force in March. Insurers and others have been commenting on the release through written letters and during ...
UK’s Insurance Act May Lead to More Intense Rate Competition: Fitch Wire
A new U.K. law, designed to make it harder for insurers to dispute commercial insurance claims, could lead to more intense price competition and slimmer margins for the sector, according to Fitch ...
Berkshire’s Workers Comp Business Faulted by Calif. Regulator
California's insurance commissioner on Monday said a Berkshire Hathaway Inc. insurance business evaded a state law designed to protect small businesses from unexpected workers compensation costs. ...
Global Indemnity plc Redomesticating from Ireland to Caymans
Global Indemnity, plc announced Monday that its board of directors unanimously approved a plan to redomicile from Ireland to the Cayman Islands. Shareholders will be asked to vote in favor of ...