Regulation & Compliance
S&P Puts SiriusPoint on CreditWatch Neg. After CEO, COO Exits
SiriusPoint, the Bermuda-based global specialty insurer and reinsurer, has responded to the recent decision by S&P Global Ratings (S&P) to place the company and its core subsidiaries on ...
Insurers Brace for SEC Climate Risk Disclosure Rules
For U.S. property/casualty insurance carriers, the landmark proposal by the U.S. Securities and Exchange Commission (SEC) on the disclosure of climate-related risks and greenhouse gas emissions (GHG) ...
Midyear Update 2022: Transitions
The theme of transitions is a fitting one, which ties together many of the articles in Carrier Management's midyear digital magazine. We're publishing soon after the start of summer, and the weather ...
New Layer of Federal Oversight for Climate Disclosures Not Needed: Triple-I
Creating a new layer of federal oversight would neither enhance nor standardize the climate-related disclosures U.S. insurers make to investors, the Insurance Information Institute (Triple-I) said in ...
Washington Governor Joins Calls for Commissioner Kreidler to Resign
Washington state Gov. Jay Inslee is now among a growing number of people saying elected Insurance Commissioner Mike Kreidler should resign. The calls for the 78-year-old, six-term Democrat to step ...
Nasdaq Urges SEC Not to Move Ahead With Climate Disclosure Plan
Nasdaq Inc. is pushing back against the U.S. Securities and Exchange Commission's plans to make publicly traded companies reveal detailed information about their greenhouse gas pollution. The ...
The SEC War on Greenwashing Has Begun
For all the greenwashers out there on Wall Street, the party may really be over. There's now little doubt that the U.S. Securities and Exchange Commission actually means business in its bid to ...
Financial Firms to SEC Over Proposal to Regulate SPACs: ‘Don’t Kill the Industry’
U.S. financial industry groups are pushing to water down a draft Securities and Exchange Commission (SEC) rule aimed at reining-in special purpose acquisition companies (SPACs), arguing it could kill ...