Regulation & Compliance
NAIC CEO Nelson Explains Affordable Care Vote, Warns Feds ‘Stay In Your Lane’
Spending roughly a dozen years in the U.S. Senate taught the new CEO of the National Association of Insurance Commissioners (NAIC) how to play defense, he revealed during an industry meeting last ...AIG Restructuring Successful, P/C Subs Now A-Plus: S&P
The restructuring that reshaped American International Group over the past two years has been successful in the opinion of analysts for Standard & Poor's, who boosted the rating for AIG's the ...
Lessons of Reinhart-Rogoff: Lawrence Summers
The economics commentariat and no small part of the political debate in recent weeks has been consumed with the controversy surrounding the work of my Harvard colleagues (and friends) Carmen Reinhart ...
Excess Testing, Not Medical Malpractice Payouts, Driving Up Health Costs: Study
Efforts to lower health care costs in the United States have focused at times on demands to reform the medical malpractice system, with some researchers asserting that large, headline-grabbing and ...
End of Hard Copy? Three States Now Permit Posting Policies Online
Arizona Gov. Jan Brewer has signed a bill that allows a property/casualty insurer to post policies and endorsements online and send a link via email to policyholders in lieu of providing a hard copy. ...Obama to Name Froman as U.S. Trade Representative
President Barack Obama on Thursday will name top international economic affairs adviser Mike Froman as his choice to be U.S. trade representative, a White House official said, handing the job to a ...
Crop Insurance Subsidies Should Be Reduced: Economist
U.S. farmers have collected a record $17 billion in crop insurance payments on drought-hit 2012 crops but the system could have spent half as much and still saved growers from ruinous losses, an ...
Enterprise Risk Reporting: The New ‘Form F’ Requirement Is Coming
In response to the 2008 financial crisis and, in particular, the AIG bailout, the National Association of Insurance Commissioners (NAIC) adopted a significant revision to the model Insurance Holding ...