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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 Arthur D. Postal |
May 24, 2012
The House Financial Services Committee will hold a hearing on either June 6 or 7 on proposed legislation that would establish a self-regulatory organization for investment advisors.
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By Warren S. Hersch |
May 24, 2012
The General Accounting Office has recommended that the Department of Labor examine the definition of fiduciary to determine if the definition captures the current relationship between sponsors and providers, the GAO discloses in a new report.
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By Michael K. Stanley |
May 24, 2012
Regulators head to Capital Hill to deal with the JPMorgan fallout, the country anxiously awaits the Supreme Court's decision on PPACA, two international summits take place on U.S. soil, and Greece and the rest of Europe continue their uncomfortable dance. This and more in this week's Week in Pictures.
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By Warren S. Hersch |
May 23, 2012
The DOL’s Employee Benefits Security Administration is reopening the period for public comment on proposed regulatory amendments relating to enhanced disclosure concerning certain qualified plan funds.
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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 Michael K. Stanley |
May 18, 2012
JPMorgan gets some egg on its face, N.J.'s Governor Chris Christie deep-sixes his state's health exchange plan, and Facebook's IPO rocks the markets. All this and more in this week's Week in Pictures.
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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.