On December 12, the U.S. Department of the Treasury’s Federal Insurance Office (FIO) released and submitted to Congress its long-awaited report on How To Modernize And Improve The System Of Insurance Regulation In The United...more
Federal banking agencies have issued a joint notice of proposed rulemaking to implement certain provisions of the Biggert-Waters Flood Insurance Reform Act of 2012 (the “Act”). The proposed rule will amend each agency’s flood...more
Doctors deserve relief from skyrocketing insurance premiums. And the citizens of Washington deserve to keep their constitutional rights intact. Is there an answer that will meet both goals? Not if you listen to the...more
The now iconic song of 1969 aptly describes the insurance regulatory activity we are seeing in the summer of 2013.
During the last two weeks of July, the International Association of Insurance Supervisors (IAIS)...more
The Office of the Insurance Commissioner (OIC) will be announcing the implementation of a new regulation that intends to encourage good corporate governance, accountability practice measures within insurance companies (both...more