The United States could improve how it spots and prevents risks in the financial system from turning into destabilizing crises, a global regulatory task force said on Tuesday. The Financial Stability Board (FSB) said the world’s top insurance market could …
Only 11 of the 50 U.S. states have moved to implement new consumer safeguards under President Barack Obama’s healthcare law, raising questions about how major health insurance reforms will be enforced, a report released on Friday says. The report by …
A major group for risk management professionals sent a letter to the U.S. Treasury Department, asking for a bigger federal role in regulating insurance. The Risk and Insurance Management Society sent its letter to Michael McRaith, director of U.S. Treasury’s …
State insurance regulators have approved a new model law and regulation on credit for reinsurance that allows some foreign reinsurers to post reduced collateral. The new rules and regulations, which have taken 12 years to complete, would – if adopted …
