With a federal terrorism reinsurance backstop now in place, the industry is faced with implementing the provisions of the legislation in a timely and efficient manner. This has and will continue to require unprecedented cooperation among insurers, the federal government, …
With a federal terrorism reinsurance backstop now in place, the industry is faced with implementing the provisions of the legislation in a timely and efficient manner. This has and will continue to require unprecedented cooperation among insurers, the federal government …
Iowa Commissioner Therese Vaughan, outgoing president of the National Association of Insurance Commissioners (NAIC), will deliver the keynote address at the 2003 American Association of Insurance Services (AAIS) Annual Conference, April 6-8 in Monterey, Calif. To register for the conference, …
According to speakers at the Society of Insurance Research’s annual meeting, the strategic challenges confronting insurers include the rapid pace of change, terrorism, asbestos, the need to reform the tort system, poor financial results, weak balance sheets, the need for …
The Missouri Department of Insurance (MDI) has been re-accredited for five years by the National Association of Insurance Commissioners, who certified the MDI’s work on monitoring the financial health of insurers and protecting consumer interests. The announcement was made by …
The Alliance of American Insurers (AAI) says it is pleased with the initial steps taken by the U.S. Department of the Treasury in the implementation of the terrorism insurance legislation signed by the President recently. “We were very impressed by …
The Treasury Department has announced interim guidance for the insurance industry in meeting certain requirements under the Terrorism Risk Insurance Act of 2002. Treasury Under Secretary Peter Fisher, joined by Terri Vaughan, president of the National Association of Insurance Commissioners …
The Society of Insurance Research has assembled a roster of experts to address the strategic imperatives facing the industry at its 2002 annual meeting in Savannah, Ga., Nov. 17-20. “The need for insurers to have the benefit of the best …
Some recent events indicate that the Chinese insurance market is becoming more open to foreign insurers. U.S. and Chinese regulators recently concluded an agreement to begin sharing information; AIG opened an office in the capital, Beijing, the first foreign company …
Recent moves have confirmed the reality of the expanding Chinese insurance market. They include an agreement between U.S. and Chinese regulators to share information; an announcement that AIG has been granted a first ever insurance license for China’s capital, Beijing, …
