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…
An NAIC task force is working on an update of the risk-based capital ratio.
The Securities and Exchange Commission has some work to do following the recent guilty verdict against a Massachusetts advisor for insufficient disclosures.
Connecticut Insurance Department regulators are back in court this week in their ongoing effort to rehabilitate the financially troubled PHL Variable Insurance Co.