There is concern in the life insurance industry that a forthcoming Department of Labor report could target group annuity contracts by pension plans in pension risk transfer transactions.
There is concern in the life insurance industry that a forthcoming Department of Labor report could target group annuity contracts by pension plans in pension risk transfer transactions.
State insurance regulators plan to issue guidance on its best-interest annuity sales model after reviews turned up “deficiencies” in producer monitoring.
According to the New York Times, if you own a car made by General Motors or some other companies, Big Brother could be watching how fast you drive and how hard you brake. "Automakers Are Sharing Consumers' Driving Behavior With Insurance Companies," published Monday, March 11, begins with the story of Ken Dahl of Seattle, who has never been responsible for an accident.
State insurance regulators are seeking comments on a proposal to further regulate insurers involved in often multi-billion-dollar reinsurance deals with offshore companies.
A couple of weeks ago, I was honored to receive an invitation to attend the Liberty Fire Department's ceremony announcing its new fire rating. ISO stands for Insurance Services Office. The Insurance Services Office provides a lot of rating, statistical and actuarial information to the insurance industry.
The Treasury Department settled a long-running dispute with state insurance regulators over climate data collection, announcing Friday that they will partner to compile the data from insurers.
Insurance Commissioner Ricardo Lara announced several appointments “to help advance the California Department of Insurance’s vision of insurance protection for…
Mark Gordon signed 18 bills into law. Among the bills signed Monday was one that will make changes to a process health insurance companies use to approve or deny medications for patients and one that will allow for vehicle registrations to be carried electronically. House Bill 14 regulates prior authorization— a process health insurance companies use to…