An effort supporters say will boost transparency in several leading Pennsylvania universities passed the House of Representatives on Monday, while the universities’ annual state subsidies remain snarled in the Legislature in a partisan funding dispute. The bill passed 201-1. It …
The U.S. Supreme Court on Monday declined to hear an appeal by the Connecticut State Police Union in its challenge of a police accountability law that allows public disclosure of certain state trooper personnel files and internal investigation reports. At …
“I think everyone in the industry would be interested in reducing the complexity of models, making things more transparent and thus easier to understand,” stated Markus Stricker, Director of the Willis Economic Capital Forum (WECF), the latest initiative from the …
The new U.S. financial risk council should publicly share more details about its closed-door meetings on emerging risks to markets, a congressional watchdog report has found. The Government Accountability Office said the Financial Stability Oversight Council, a group made up …
A report from the Geneva Association, “Reflections on a High-Quality G-SIFI Designation Process in Insurance,” authored by Daniel Haefeli and Patrick M. Liedtke, gives some meaningful insights into the process of defining what is – and is not – a …
Despite delays and complaints the European Union’s Solvency II regulations, which cover the insurance industry, are slowly but surely moving forward. While most of the industry is primarily concerned with the regulations governing capital requirements – Solvency II’s “Pillar I,” …
Peter den Dekker has been a busy man. However, the President of the Federation of European Risk Management Associations* (FERMA) took time out to talk to the IJ on the expanding role risk managers are playing in these troubled times, …
