solvency News

Michigan Governor Signs Insurance Company Group Capital Calculation Bill Package

Michigan Gov. Gretchen Whitmer signed a bipartisan bill package into law last month to update Michigan’s holding company statute to ensure compliance with national accreditation standards. The package will provide the Michigan Department of Insurance and Financial Services with regulatory …

Insurance Regulators: Mitigation, Solvency Are Keys to Surviving Climate Change

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 …

South Central Regulation Report Card: Texas’ Grade Rises, Arkansas’ Drops

No South Central state had the best score and none had the worst in a report recently released by a conservative-leaning research organization that annually assesses the effectiveness states’ insurance regulatory systems. Grades assigned to the insurance regulatory systems in …

Midwest Regulation Report Card: States’ Grades Range from A to D

Grades assigned to the insurance regulatory systems in the Midwest states of Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin range from A to D in a report recently released by a conservative-leaning …