With the rise of Insurtech, insurers now have a plethora of tools to assist in field information gathering. This includes the use of apps, SaaS solutions and drones.
Property and casualty industry officials gave unanimous support last week for the concept of the Federal Insurance Office, although they acknowledged the devil is in the details and said they remain comfortable with the current state-based regulatory system.
Property and casualty industry officials gave unanimous support last week for the concept of the Federal Insurance Office, although they acknowledged the devil is in the details and said they remain comfortable with the current state-based regulatory system.
Spokesmen for insurance-trade groups insist that when all is said and done, officials of the Financial Stability Oversight Council (FSOC) will support insurers view that insurance activities, by their very nature, do not pose a threat to the stability of the U.S. financial system.
Spokesmen for insurance-trade groups insist that when all is said and done, officials of the Financial Stability Oversight Council will support insurers view that insurance activities by their very nature do not pose a threat to the stability of the U.S. financial system.
Spokesmen for insurance-trade groups insist that when all is said and done, officials of the Financial Stability Oversight Council will support insurers view that insurance activities by their very nature do not pose a threat to the stability of the U.S. financial system.
An Oregon senator is proposing an amendment to financial services legislation significantly limiting the Treasury Department's authority to negotiate international insurance trade agreements.
Four insurance trade groups have drafted a letter urging lawmakers to give state regulators the job of setting rules governing health insurance administrative costs and sale of health policies through exchanges.
Senate Democrats appear to be coalescing around a compromise to a so-called "public plan" for health care protection reform legislation that has met divided insurance industry opinion.