Regulation & Compliance
PwC’s Rao on Innovation
This article is part of our insurance innovators interview series. Anand Rao, Principal, PwC U.S. Advisory Practice Q1: In your view, what has been the greatest innovation in the P/C insurance ...
Illinois Signs Connecticut Insurance Dept. Acting Commissioner to Top Regulator Job
Gov. Bruce Rauner says he will appoint the acting commissioner of the Connecticut Insurance Department to be director of the Illinois Department of Insurance. Rauner's office made the announcement on ...
Once Again, Leading Asset Managers Reject Global Risk Reduction Rules
The world's multi-trillion dollar asset management industry has presented a united front to reject proposals aimed at mitigating risks in the sector, even after they were revised by regulators. The ...
Has Active Atlantic Hurricane Phase Ended? Experts Weigh In
Two of three groups of expert hurricane researchers have already predicted a below-average hurricane season for 2015, and the third has also signaled that an updated forecast due to be released on ...
Commercial Lines Market Headed For Profit Deterioration
Commercial lines insurance underwriters in the United States have generated two consecutive years of significant underwriting profits. However, market sentiment has turned less favorable recently as ...
Florida Coast Developers Can’t Resist Building
Since eight hurricanes whipped through Florida during back-to-back seasons a decade ago, causing $33 billion in insurance claims, the state's coastal communities have added an additional 1.5 million ...
What State Insurance Regulators Say About Cybersecurity
In April, the Cybersecurity Task Force of the National Association of Insurance Commissioners adopted "Principles for Effective Cybersecurity: Insurance Regulatory Guidance," derived from similar ...
Guiding Insurance Professionals on NAIC’s New Cybersecurity Principles
In the wake of some of the largest insurance company data breaches, the National Association of Insurance Commissioners has followed on the heels of the Securities and Exchange Commission and has ...