The South Carolina Department of Insurance named Andy Noga, formerly CEO and general counsel of GuideOne Insurance Group, as director of captives, underscoring the state’s commitment to fostering captive insurance companies, the DOI said Wednesday. “We focused on identifying a …
Swiss financial market watchdog FINMA has revamped its organizational structure with immediate effect, the regulator said on Tuesday, as it gears up for future challenges including supervision of the enlarged UBS. Switzerland has pledged to step up regulation of the …
North Carolina’s Republican supermajority in the legislature has thrown a curveball to the state’s insurance commissioner and fire marshal, a position that until recently has mostly stayed above partisan politics. A late change to the state’s $30 billion budget, approved …
The United States will not be able to insure its way out of coming climate disasters, but must focus on mitigation and resiliency – along with insurer solvency — to reduce risk and exposure, insurance regulators said Wednesday. Insurance commissioners …
Florida Insurance Commissioner David Altmaier is just about to complete his first full year in the position since taking over for Kevin McCarty last May, and there hasn’t been a dull moment since he took the post. Altmaier, 35, is …
Allianz SE said a lack of political support prevents investors from contributing more money to infrastructure projects such as roads or power and gas grids. “Politicians are still convinced infrastructure has to be provided by the government — we might …
Delaware Insurance Commissioner Karen Weldin Stewart said through Department of Insurance interventions, Delawareans recovered $1,827,923 in the first nine months of 2011. The breakdown of the restituted funds consists of complaints ($580,303); arbitration ($592,930); and market conduct ($654,690). The Commissioner …
