James Wrynn News

Economic Crisis Challenges Harmonization of U.S. Regulations, EU’s Solvency II

The EU’s Solvency II regulations get most of the headlines, but there are other regulatory bodies, which are trying to modernize and harmonize the regulations for global insurance companies. Their task has been made even more difficult by the prolonged …

Higher Workers’ Comp Loss Costs in New York Start Oct. 1

An average 9.1 percent increase in New York State’s workers compensation loss costs is scheduled to go into effect Oct. 1. The planned change was previously approved by the New York State Insurance Department in mid-July. Back in May, the …