The National Association of Insurance Commissioners is struggling to contain the fallout from a June 11 cyber breach that potentially exposed sensitive information.
The National Association of Insurance Commissioners is struggling to contain the fallout from a June 11 cyber breach that potentially exposed sensitive information.
The Federation of Americans for Consumer Choice has dropped its lawsuit against the Department of Labor after the agency withdrew guidance at the center of the dispute.
On Monday, the Connecticut Insurance Department (CID) hosted a virtual information session for PHL Variable Insurance Co. policy and annuity…
NAIC regulators defended the need for private meetings Tuesday as consumer advocates and industry representatives called for more transparency.
The bid to reform indexed illustrations took another step this week with a presentation at the National Association of Insurance Commissioners’ spring meeting in San Diego.
A federal judge officially killed the Department of Labor’s Retirement Security Rule on Tuesday.
The Department of Labor said in court documents this week that it supports a district court motion to vacate its Retirement Security Rule.
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.”
