Companies/Financial

• NAIC Panel Thinks Internationally

  By Elizabeth Festa  |  September 29, 2011

  An arm of the National Association of Insurance Commissioners (NAIC) has agreed to add a discussion of the differences between the U.S. approach to corporate governance regulation and various international approaches to a key draft document.

• Dodd-Frank: Principal Blasts Swap Margin Proposal

  By Allison Bell  |  September 28, 2011

  A life insurer is asking federal financial services regulators to revise a proposed regulation that could sharply restrict the types of assets it could use to meet margin requirements.

• Deals: P-Solve, BB&T

  By Staff Writer  |  September 28, 2011

  P-Solve Asset Solutions has completed the acquisition of Meridian Performance Services Ltd., an insurance consulting firm.

• Dodd-Frank: FSOC Gets Its Voting Member with Insurance Expertise

  By Arthur D. Postal  |  September 27, 2011

  The Senate has used a unanimous consent process to confirm the nomination of Roy Woodall to serve a 6-year term as the independent member of the Financial Stability Oversight Council with insurance expertise.

• CIGNA to Add U.K. Travel Insurance Business

  By Staff Writer  |  September 27, 2011

  CIGNA Corp. has agreed to acquire First Assist Insurance Services from the private equity arm of Barclays P.L.C.

• New York Life Realigns Retirement Plan Services Teams

  By Staff Writer  |  September 27, 2011

  A big insurer is trying to match the expertise of its retirement plan sellers with the needs of specific types of plan buyers.

• LIMRA: Crisis Gave Strength Sizzle

  By Allison Bell  |  September 27, 2011

  Life insurance agents and brokers are paying far more attention to insurer stability this year than they were just 8 years ago.

• Credit Analyst Sees Obama Budget Package as a Negative

  By Staff Writer  |  September 26, 2011

  Proposed changes to corporate-owned life insurance and the dividend received deduction for separate account products could add to life insurers' headaches.

• NAIC Panel Wrestles with Retiree Benefits Accounting

  By Allison Bell  |  September 26, 2011

  State insurance regulators are wrestling with questions about whether the benefits insurance company employers have offered employees are promises or heartfelt wishes.

• Connecticut to Work with Switzerland

  By Allison Bell  |  September 26, 2011

  The Connecticut Insurance Department and the Swiss Financial Market Supervisory Authority have signed a memorandum of understanding.