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By Elizabeth Festa |
May 24, 2012
The NAIC’s Life Actuarial Task Force debated net reserving methodology changes proposed by the American Council of Life Insurers today for UL products with secondary guarantees.
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By Elizabeth Festa |
May 23, 2012
The FSOC met this week and had a lot on its plate: Volcker Rule and financial stability in light of JPMorgan's losses, and the approval of new procedures that nonbanks and FMUs can follow to protest a SIFI designation.
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By Elizabeth Festa |
May 22, 2012
Fewer small employers claimed the Small Employer Health Insurance Tax Credit in tax year 2010 than were estimated to be eligible, according to a report from the Government Accountability Office.
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By Elizabeth Festa |
May 21, 2012
SERFF, the Market Conduct Annual Statement and the possible creation of unique state-specific accreditation bodies could help fulfill exchange requirements for qualified health plans.
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By Elizabeth Festa |
May 17, 2012
Lawmakers, industry and government officials pushed for supervisory harmony and a fuller role by the Federal Insurance Office to bring about better international competitiveness for the U.S. insurance industry in a hearing May 17 before a House Financial Services Committee panel.
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By Elizabeth Festa |
May 16, 2012
MetLife does not know if the FSOC will feel compelled to name MetLife and a few other large insurers as SIFIs, and officials won't say, but lawmakers and MetLife wonder about the wisdom and the possible harmful effects of applying bank-centric regulations to an insurance company.
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By Elizabeth Festa |
May 14, 2012
The Volcker Rule may be a subject not only for banks, in light of JPMorgan trading losses, but also for insurance representatives before the House subcommittee.
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By Elizabeth Festa |
May 10, 2012
SIFI and G-SIFI designations will change how companies are perceived by policyholders, shareholders, management, changing behavior, investment, patronage, regulators and companies say
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By Elizabeth Festa |
May 9, 2012
A judge suggests that the LTCI insurer might have enough assets and cash flow to pay claims in full for many years.
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By Elizabeth Festa |
May 8, 2012
The first-ever enforcement of Timothy's Law sends a strong message to health insurers over the provision of coverage for mental illness and children with emotional problems.
