Regulation & Compliance
The Latest Launches From XL Catlin and Willis Towers Watson
XL Catlin has developed a broad coverage plan designed to help address emerging risks and heightened security threats. Willis Towers Watson released an updated version of "Unify," its systems ...
New York’s New Cyber Regulation Could Impact D&O Liability Coverage
While the full implications of the New York State Department of Financial Services' (DFS) cybersecurity regulation, which went into effect March 1, are still being realized by the insurance industry, ...
States Approve Motorists Mutual, BrickStreet Mutual ‘Super Regional’ Joint Venture
Ohio-based property/casualty insurer Motorists Mutual Insurance Co. and West Virginia-based workers' compensation insurer BrickStreet Mutual Insurance Co. Inc., have been granted regulatory approvals ...
MetLife Wants Delay on ‘Too-Big-To-Fail’ Case as Trump Reviews FSOC
MetLife Inc. is asking a U.S. court to put on pause a case over how the government deems certain companies "too big to fail," one of the most significant reforms to come out of the financial crisis, ...
UK Investigates Aon, JLT, Marsh and Willis Towers Watson Over Aviation Business
Britain's financial watchdog is investigating four large insurance brokers over information-sharing on aviation insurance, the companies said, in one of the first cases of its kind by the watchdog. ...
Think Tank: Federal Insurance Office Could Work Better as Its Own Agency
It's no secret that the Federal Insurance Office isn't exactly popular among property-casualty insurers. But a Washington D.C. nonprofit policy group says it can and should be saved, and even ...
U.S. Insurers Push to Keep Key Expert on Financial Stability Oversight Council
With no sign of a replacement in the works, the U.S. insurance industry is pushing to prevent the departure of a key figure on the federal body that determines how large insurance companies are ...
AmTrust’s Stock Plunges After Media Report Alleges 2014 FBI Investigation Over Accounting Practices
AmTrust Financial saw its stock price plunge nearly 19 percent Tuesday following a Wall Street Journal report alleging a 2014 FBI investigation of its accounting practices. The New York-based ...