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Texas Seeks Comments on Rule Extending Time to File Windstorm Claims

The Texas Department of Insurance is seeking informal comments on a draft rule outlining how a policyholder with the Texas Windstorm Insurance Association may request additional time for filing a claim with TWIA. Insurance Code Ā§2210.205 permits the commissioner to …

AIA Comments on Latest IAIS Draft Rules on Global Insurance Supervision

The American Insurance Association has submitted comments in response to the International Association of Insurance Supervisors’ (IAIS) July 2, 2012 Public Consultation Document entitled “Working Draft of the Common Framework for the Supervision of Internationally Active Insurance Groups” referred to …

PCI Applauds Global Regulators’ Expanded Timeline for G-SII Rules

The International Association of Insurance Supervisors (IAIS) announced that its timetable with the Financial Stability Board (FSB) to develop a means to identify “global systemically important insurers,” or “G-SII’s” for additional regulation has been delayed. It is now looking towards …