The NAIC is readying a new guideline to tighten how insurance companies manage the massive wave of pension liabilities landing on their balance sheets.
Insurance Commissioner Patty Kuderer’s bill to provide restitution to policyholders who are harmed by their insurance company or agent passed the Washington state Senate on Wednesday, 29 to 20.
The NAIC is readying a new guideline to tighten how insurance companies manage the massive wave of pension liabilities landing on their balance sheets.
Insurance Commissioner Patty Kuderer’s bill to provide restitution to policyholders who are harmed by their insurance company or agent passed the Washington state Senate on Wednesday, 29 to 20.
Regulators discussed the purpose of risk-based capital data last week as work progressed on an at-times controversial set of RBC principles.
The Department of Labor fiduciary rule is again on the ropes after the Fifth Circuit Court of Appeals dismissed the government’s appeal Friday.
The National Association of Insurance Commissioners is creating a new working group to address life insurance and annuity illustrations.
UBS Chairman Colm Kelleher said that insurers shopping for better ratings are creating a “looming systemic risk” to global finance. Marc Rowan disagreed.
The National Association of Insurance Commissioners announced Friday that Gary Anderson departed his position as the organization’s chief executive officer…
State insurance regulators are moving with alacrity on a controversial plan to overhaul the risk-based capital (RBC) framework by the end of 2025.
The Department of Labor remains undecided about what to do with the Biden-era Retirement Security Rule, its latest attempt to expand fiduciary duty.
A proposal to make a key measure of insurance companies’ financial health confidential is teed up for regulators to tackle in October.
State insurance regulators report “progress” getting life insurers to pull back on overly optimistic investment growth projections.
State insurance regulators are again nibbling around the edges of an actuarial guideline designed to limit unrealistic life illustrations.
An NAIC task force is tackling risk-based capital ratio in an effort to better identify “potentially weakly capitalized companies.”
A new asset-testing guideline for reinsurance deals will result in no direct action, even if regulators uncover negative numbers.
After five years, many advisors and brokers remain divided on the Securities and Exchange Commission’s Regulation Best Interest.
Department of Business and Industry Director Dr. Kristopher Sanchez today announced the appointment of Ned Gaines as Acting Commissioner at…
A SCOTUS ruling on birthright citizenship could also shut down a key strategy for financial services to block unwelcome federal rules.
New Jersey Department of Labor and Workforce Development officials are reviving the “ABC Test” for independent contractor status.
Regulators are set to adopt an asset adequacy testing guideline to add another layer of transparency to major reinsurance deals.
Utah regulators dropped a petition to force Sentinel Security Life Insurance Co. and a pair of reinsurers into court-ordered rehabilitation.
