November 14, 2013
European insurers breathed a sigh of relief on Thursday that a deal on new capital requirements was less burdensome than initially feared, ending an uncertainty which has been hanging over the sector for many years. Lawmakers from the European Parliament …
November 14, 2013
Canadian insurance companies including Manulife Financial Corp. and Sun Life Financial Inc. will have three more years to comply with new regulations from the Office of the Superintendent of Financial Institutions. OSFI said it will complete its review of the …
November 14, 2013
European politicians reached an agreement paving the way for new rules designed to make insurance companies safer after 13 years of wrangling with the industry and regulators. The European Commission, European Parliament and Council of the European Union yesterday agreed …
November 13, 2013
The Obama administration today indicated it was willing to consider Democratic legislation to halt some of the hundreds of thousands of health insurance policy cancellations that have raised alarm among voters and lawmakers. A proposal by Louisiana Senator Mary Landrieu …
November 13, 2013
About 106,000 people signed up for insurance coverage nationally under President Barack Obama’s healthcare law during October, the government said on Wednesday, a tiny fraction of the millions of people that had been expected to enroll for next year. The …
November 13, 2013
Johnson & Johnson will pay more than $4 billion to resolve thousands of lawsuits over its recalled hip implants in the largest settlement of U.S. legal claims for a medical device, three people familiar with the deal said. The accord …
November 13, 2013
This year is the seventh warmest since records began in 1850 with a trend to weather extremes and the impact of storms such as Typhoon Haiyan in the Philippines aggravated by rising sea levels, the World Meteorological Organization (WMO) said …
November 13, 2013
Nannies and other domestic employees in Massaschusetts who say they are often forced to put in long hours without the same legal protections as other workers asked the state lawmakers to approve a bill of rights that would define uniform …
November 13, 2013
The Massachusetts Division of Insurance recently published a list of enforcement actions taken against producer licensees for the 2013 third quarter. The DOI’s special investigations unit examined a number of alleged violations and reached settlements in nine cases and levied …
November 13, 2013
In June of this year, MarshBerry launched its 28th Annual Market & Financial Outlook Survey in conjunction with Insurance Journal. The survey compiled anonymous general independent agency information along with financial, market, carrier and technology data. Initial data shows that …