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Insurance & Technology August 19, 2004 |
Scoring Discrepency Property Casualty Insurers Association of America (PCI) opposes National Association of Insurance Commissioners' (NAIC) recommendations on use of credit scores. |
Insurance & Technology May 3, 2006 Maria Woehr |
Opting In or Out? As the optional federal charter for insurers hits the Senate floor, industry leaders weigh cost savings and enhanced competition against possible risks to insurance carriers -- and policyholders. |
Insurance & Technology February 19, 2004 Julie Gallagher |
Tech Could Assist State-Based Reform Acknowledging that legacy technologies are not the only antiquated systems in insurance, carriers, trade associations and commissioners are aggressively approaching the regulatory reform of the insurance industry |
Insurance & Technology December 23, 2005 Anthony O'Donnell |
Reform in Sight According to a recent study, regulatory compliance under the present state-by-state system will cost the life insurance industry $11 billion over the next decade. Still, given the recognition by all parties that change is needed, some kind of regulatory reform is inevitable. |
Insurance & Technology February 9, 2004 Julie Gallagher |
Associations' Priorities Run the Gamut Insurance industry associations will seek to influence public policy and enforce technological efficiency in 2004. |
Insurance & Technology January 17, 2006 Maria Woehr |
Constant Change The coming year's regulatory and political agenda could result in requirements for reform and increasing technology investments, which could alter the business environment for property and casualty, life, and health insurers alike. |
Insurance & Technology July 19, 2004 Julie Gallagher |
Modernization Boosts Speed to Market The more states that opt into the NAIC's Interstate Insurance Product Regulations Compact, the better off carriers will be. |
Insurance & Technology May 18, 2004 Julie Gallagher |
IT Isn't Tapped for Compliance The insurance industry fails to embrace the full business value of IT when it comes to addressing regulatory requirements and instead relies primarily on manual processes and ad hoc measures |
Insurance & Technology June 1, 2006 Maria Woehr |
The Big (Not So) Easy The Louisiana Senate Insurance Committee has approved legislation that the Property Casualty Insurers Association of America fears could raise rates for consumers and drive insurers that still are dealing with the effects of Hurricane Katrina from the Louisiana market. |
Insurance & Technology June 16, 2004 Julie Gallagher |
Look On the Bright Side Rather than letting the clouds of regulation rain on their operations, insurers that look for compliance's silver lining have an opportunity to improve their business processes. |
Insurance & Technology August 12, 2005 Peggy Bresnick Kendler |
The Compliance Challenge Industry experts offer opinions on what the biggest challenges carriers currently face in terms of regulatory compliance. |
Registered Rep. March 6, 2009 Halah Touryalai |
Federal Regulator For Insurance Firms? Barney Frank says Yes. House Financial Services Committee Chairman Barney Frank gave insurance lobbying groups something to argue about, saying he wants lawmakers to create an optional federal charter for insurance companies. |
Insurance & Technology January 5, 2007 Peggy Bresnick Kendler |
An Eye on the Future Insurance industry association executives speculate on the most important issues and challenges facing the insurance industry in 2007. |
Insurance & Technology February 19, 2009 Anthony O'Donnell |
Federal Insurance Regulatory Proposal Draws Fire, Support Opponents of the National Insurance Consumer Protection and Regulatory Modernization Act (NICPRMA) call the bill an attempt to shoehorn optional federal charter into government regulatory activity meant to address systemic risk within financial services. |
Insurance & Technology August 10, 2006 Maria Woehr |
Compliance Automation Responding to growing pressure on insurers to comply with federal regulations such as Sarbanes-Oxley, the Gramm-Leach-Bliley Act, the Federal Information Act and HIPAA, ControlPath launched ControlPath Compliance Suite 3.0. |
InternetNews September 19, 2008 Sean Michael Kerner |
Does PCI Compliance Equal Security? The need for regulatory compliance is driving spending on security. Yet is it actually improving security overall? |
Investment Advisor February 2009 Marlene Y. Satter |
Presidential Directions The National Association of Insurance Commissioners has a new president, Roger Sevigny, the New Hampshire insurance commissioner. |
Insurance & Technology November 22, 2007 David West |
The Three R's Will Drive Carriers' Fates in 2008 The manner in which carriers respond to risk, revenue and regulation in 2008 will determine their fates in 2009 and beyond. |
Insurance & Technology April 5, 2006 Maria Woehr |
Rocky Mountain Low Insurers and Colorado lawmakers are squaring off over a bill that would require P&C and medical malpractice insurers to disclose information related to expenses, claims and payouts, as well as restrict rating methods used within the state. |
Insurance & Technology November 10, 2008 Anthony O'Donnell |
IT Will Power Insurance Industry Response to Crisis Technology spending will be a critical factor for insurers wishing to both take advantage of opportunities provided by the current crisis and address heightened compliance and risk management concerns. |
InternetNews April 19, 2011 |
Does PCI-DSS Matter? New report shows a correlation between PCI compliance and data breaches. |
Managed Care June 2001 Michael Levin-Epstein |
Health Plans, Insurers Unsure About Likely Effect of Gramm-Leach-Bliley Insurers and financial institutions are flooding customers' mailboxes about their rights to protect medical and financial information under what's better known as the Gramm-Leach-Bliley Act. But just how GLB will affect health plans isn't totally clear... |
Investment Advisor July 2008 Marlene Y. Satter |
One Forward, Two Back? The Department of the Treasury released its Blueprint for a Modernized Financial Regulatory Structure, which sets forth an argument for the need for change in the financial services industry. |
Investment Advisor September 2006 |
Insurance Streamlining Insurers and investors of all stripes are having their day in the sun this summer with action on major legislation, including the streamlining of specialty and reinsurance regulations. |
Investment Advisor June 2007 |
ACLI Responds To New York Times On Long-Term Care Insurance American Council of Life Insurers President and CEO Frank Keating made the following statement in response to the March 26 New York Times article "Aged, Frail and Denied Care by Their Insurers." |
Investment Advisor May 2009 Marlene Y. Satter |
Changing Climate How National Association of Insurance Commissioners will address climate change in public policy depends on what happens at the federal level. |
Insurance & Technology July 27, 2005 Peggy Bresnick Kendler |
Investing Wisely Q: What are the key issues insurers face in terms of portfolio/investment management, and how are carriers addressing those issues?... Q: How can portfolio management systems and related technologies help insurers better manage, track and report on investments and financial performance?... etc. |
Insurance & Technology April 21, 2010 Anthony O'Donnell |
NAIC Meeting's Emphasis on Solvency Will Drive Insurance IT Spend The NAIC's Solvency Modernization Initiative will drive regulation that supports global regulatory transparency and necessitate risk management and reporting technology modernization, according to Deloitte. |
Bank Systems & Technology December 21, 2007 Maria Bruno-Britz |
PCI Council and Visa See More PCI Compliance Merchants are complying with PCI Data Security Standards now more than ever. |
Insurance & Technology January 25, 2005 |
Deja Vu All Over Again Many of the major areas of focus for senior insurance technology executives in the coming year will be familiar ones that have become even more pressing. Insurers will boost their offshore outsourcing activities and increasingly dip a toe into business process outsourcing (BPO). |
InternetNews September 25, 2009 |
Companies Still Not Securing Customer Data New data security survey finds 71 percent admit that cost and lack of resources keeps them from making data security a top priority. |
Investment Advisor June 2008 Marlene Y. Satter |
Telling All? Now that climate change seems to be on everyone's lips, the talk in the insurance industry is getting hot about disclosure. |
Investment Advisor April 2010 Marlene Y. Satter |
Insurance Update: Implementing Healthcare NAIC is closely watching the reform debate to see how it will affect insurers and insured. |
Insurance & Technology July 25, 2005 Wendy Toth |
Balanced Legislation Recent security breaches at ChoicePoint and LexisNexis, among others, have prompted public policy makers to address the collection and use of customer data. |
InternetNews December 17, 2007 Andy Patrizio |
Updating PCI Compliance Tools New version of QualysGuard breaks down the task of insuring safe transactions by department for step-by-step security testing. |