Regulation & Compliance
What About Transparency?
Provisions protecting proprietary strategic information are necessary as insurance groups start to file Enterprise Risk Reports in 2014, according to property/casualty insurance carrier ...
Insurers Serving Fresh Supply of Political Risk Coverage for Uncertain World
Tourism, manufacturing and resources companies surveying an unpredictable world are increasingly having to consider insurance against political risks, and the insurance industry is gearing up to ...
Dodd-Frank Rules Should Be Mostly Complete By End of 2013, Say Regulators
Dodd-Frank Act measures designed to prevent a repeat of the global credit crisis will be largely complete by the end of this year, financial regulators plan to tell lawmakers at a hearing today on ...
Insurance Regulators Brace For Technology-Related Issues
Should auto insurers be able to monitor the sleep patterns of their policyholders? The question is not as far-fetched as it seems in a world where carrier creativity and technology advances ...
Myths About The Federal Insurance Office
In the aftermath of the recent financial crisis, Congress created the Federal Insurance Office (FIO) to ensure it had information about the insurance industry. To understand what the FIO means to the ...
Texas Taxpayers Off Hook for Unfunded Losses of Windstorm Plan, Says AG Abbott
Texas' attorney general says the state is under no obligation to pay outstanding claims for the insurer of last resort for coastal properties should that organization not have sufficient funds to pay ...
European CEOs Worried About High Taxes, Regulatory Burden: Lloyd’s Survey
High taxation and new regulation are among the most pressing concerns for senior European company executives, according to a survey by Lloyd's of London. The Lloyd's Risk Index survey also found ...
Regulators Officially Designate AIG, GE Capital As Systemically Important
American International Group Inc. and General Electric Co.'s finance unit were designated systemically important by U.S. regulators, a ruling the companies had already agreed to accept. The vote by ...