Insurance Regulation
It’s Not Halftime: The 114th Congress Just Finished the Third Quarter
The White House and Congressional Christmas trees are up, but with 70 degree weather in Washington—and without a government shutdown threat—it's hard to believe it's the holiday season. It's ...
PCI, NAMIC Note Lobbying Wins in Congressional Legislation
Two of the property/casualty insurance industry's major trade associations noted provisions that made it to the 2016 Congressional omnibus spending bills and tax extenders legislation. The Property ...
The Changing State of Flood Insurance in the U.S.
Catastrophic floods have been damaging homes for as long as people have had permanent dwellings. They can cause devastating losses to homeowners and businesses alike almost anywhere in the U.S., both ...
Most Insurers Both Ready for and Threatened by Solvency II
With only a few weeks left before Solvency II rules kick in on Jan. 1, most insurers are at least somewhat ready for the new minimum capital requirements, according to a new survey of executives from ...
PwC Board Survey: Majority of Large Insurers Have Risk Committees, CROs
Property/casualty insurance company senior executives aren't the only carrier leaders overwhelmed by multiple demands on their time. Members of P/C insurer boards of directors are similarly ...
Best, Worst States for Insurance Regulation
Vermont, Utah, Iowa, Virginia and Kentucky get an "A" and North Carolina an "F" in one think tank's annual grading of how states regulate the property/casualty insurance industry. The 2015 Insurance ...
19 Internal Capital Insurer Models Get BOE Nod for Solvency II Calculations
Prudential Plc, Aviva Plc and Legal & General Group Plc are among large U.K. insurers to win Bank of England approval of the models they use to calculate capital requirements under the European ...
Warning to U.S. P/C Insurers: Be Ready for a Disruptive, Transformative 2016
U.S. property/casualty insurers should expect disruptive changes in a number of areas in 2016, including technology, pricing, customer demand, and "heightened regulatory creep," EY said in a new ...