On August 14, 2020, the National Association of Insurance Commissioners (NAIC) adopted a set of principles that will guide the work of insurers and entities, including data providers, that play an ...
Businesses can carry out activities that run the risk of damaging employees, suppliers, customers or third parties. Such risks can be due to the carelessness of employees, product defects, breach of ...
May 31 of this year was a bittersweet day of sorts. That's the day my license as an insurance producer in the state of New Jersey expired. I never got the chance to actually become the eternally ...
Cybersecurity insurance is a new insurance industry product that reflects the havoc wreaked by hacks, data breaches and phishing attempts, which have become bolder because cybersecurity extorting ...
This report is a full assessment of Brazil’s compliance with the Insurance Core Principles (ICPs) of the International Association of Insurance Supervisors (IAIS) as adopted in October 2011. In the ...
Shadow Finance Minister Bob Richards has given his backing to Government's proposed new deposit insurance scheme in principle, but is waiting to hear the full details of what it involves. Mr. Richards ...
When Democrats passed the Affordable Care Act in March 2010 — known universally as ObamaCare — they largely ignored every basic actuarial principle of insurance. As a result, ObamaCare was always ...
It’s said that an ant can carry fifty times its own weight. That’s nothing. A recent decision out of the U.S. Court of Appeals for the Fifth Circuit provides a compelling reminder to policyholders and ...
The letter “Encourage others to buy flood insurance” seems so simple when you apply pure economics to the principle of insurance. However, with the 2012 Biggert-Waters debacle that turned the flood ...
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