The NAIC's 2014 proposed budget includes total revenues of $93.2 million and total expenses of $91.8 million, increases of 3.68 percent and 3.87 percent respectively compared to the 2013 budget.
The Federal Reserve Board is seeking to become one of the many U.S. members of the International Association of Insurance Supervisors, according to sources.
The Federal Reserve Board is seeking to become one of the many U.S. members of the International Association of Insurance Supervisors, according to sources.
New Yorks top financial-services regulator says, based on his perspective as a former prosecutor of terrorism, the Terrorism Risk Insurance Act should be made permanent to respond to unconventional threats.
New Yorks top financial-services regulator says, based on his perspective as a former prosecutor of terrorism, the Terrorism Risk Insurance Act should be made permanent to respond to unconventional threats.
The Federal Advisory Committee on Insurance has gotten its charter renewed for two more years. FACIs original two-year charter was up Aug. 4. The new charter was renewed until July 29, 2015.
The Federal Advisory Committee on Insurance has gotten its charter renewed for two more years. FACIs original two-year charter was up Aug. 4. The new charter was renewed until July 29, 2015.
Reported premium in the Non-Admitted Insurance Multi-State Agreement exceeds more than $500 million in the year since the Surplus Lines Clearinghouse became operational a year ago, NIMA Inc. reported Tuesday.
Reported premium in the Non-Admitted Insurance Multi-State Agreement exceeds more than $500 million in the year since the Surplus Lines Clearinghouse became operational a year ago, NIMA Inc. reported Tuesday.
The Financial Accounting Standards Board last Thursday issued for public comment a controversial proposal that would change financial reporting of insurance contracts, fundamentally reconstructing the measurement of insurance liabilities and income as they are reflected in income and earnings statements.