Dodd Frank

• 

  Drivers of ERM in 2012: The End of the World?

  By Denise Tessier  |  January 20, 2012

  Adopting ERM to meet ever-increasing risks in the new year.

• 

  Will Dodd-Frank Survive Barney’s Retirement?

  By Sam J. Friedman  |  December 8, 2011

  The surprise retirement announcement by Rep. Barney Frank, D-Mass., raises questions about the ultimate fate of the regulatory reform law bearing his name, including the provisions impacting insurers.

• Dodd-Frank & Corporate Investigations: Should D&O Insurance Cover The Cost?

  By Paul A. Ferrillo  |  October 20, 2011

  Securities litigator Paul Ferrillo says standalone corporate investigation coverage may be the best solution for risk managers worried about Dodd-Frank whistleblower implications, but he also provides D&O coverage tips for those that can’t afford the standalone solution.

• NRRA Implementation Top-Of-Mind Issue As NAPSLO Meets

  By Phil Gusman, PropertyCasualty360.com  |  September 9, 2011

  As the National Association of Professional Surplus Lines Offices (NAPSLO) prepares for its annual convention in San Diego Oct. 10-13, issues surrounding the implementation of the federal surplus-lines reform law will be very much on the minds of the excess and surplus-lines executives in attendance.

• Expected Hard Market & Dodd-Frank Fears Fuel Captive Formations

  By Caroline McDonald, PropertyCasualty360.com  |  August 4, 2011

  While captive-insurance experts say the market is healthy, with solid formations, they also note a variety of concerns, including Solvency II, the Dodd-Frank Act and fraud.

• D&O Add-On Unveiled For FI Execs Caught In Systemic-Risk Whirlwinds

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 20, 2011

  New rules that expose executives and directors of troubled financial-services institutions to unexpected negative consequences—including the possible loss of their salaries and other compensation—have sparked the creation a new insurance coverage.

• A Newly Assertive SEC, Backed By Whistleblowers, Means Rise In Investigations—And Risks

  By Rob Yellen  |  May 20, 2011

  For public companies navigating the continuing fallout from the global financial meltdown, dealing with regulatory investigations is about as inevitable as death and taxes. D&O insurance products are evolving to cover some of the costs.

• As Investigation-Cost Coverages Evolve, Prices On Existing D&O Solutions Drop

  By Susanne Sclafane, PropertyCasualty360.com  |  May 20, 2011

  With new coverages evolving and the SEC setting its sights on increased enforcement activities, specialty insurance coverage for regulatory investigations is a hot topic among buyers and sellers of management liability insurance. Brokers assess the options and price trends.

• Investigation Edge: Brokers Welcome New ‘Entity’ Product From Chartis

  By Susanne Sclafane, PropertyCasualty360.com  |  May 20, 2011

  Unlike last year’s flood of “pre-claim inquiry” offerings that focused on coverage for the investigation-response costs of individual executives and directors, Chartis’ new “Investigation Edge” offering, a standalone policy introduced in March, addresses corporate costs, including the massive expenses associated with producing documents required by the Securities & Exchange Commission.

• Angst Grows Over Federal Oversight

  By Arthur D. Postal, PropertyCasualty360.com  |  March 7, 2011

  Signs are emerging that the sigh of relief by large insurance companies that they escaped federal oversight in the post-aig-bailout world may have been premature.

• Senators Urge Prompt Selection For Fed Insurance Posts

  By Arthur D. Postal, PropertyCasualty360.com  |  February 25, 2011

  Five U.S. senators are asking the Obama administration to move promptly to fill the insurance slot on the Financial Stability Oversight Council as well as to appoint the director of the Federal Insurance Office.

• 

  Republican Senators Seek Delay In Dodd-Frank Implementation

  By Arthur D. Postal, PropertyCasualty360.com  |  February 17, 2011

  Republican members of the Senate Banking Committee are asking federal banking and securities regulators to slow down implementation of the Dodd-Frank financial services reform law.

• Trade Groups Ask FSOC To Delay Systemic Risk Oversight Authority

  By Arthur D. Postal, PropertyCasualty360.com  |  February 14, 2011

  Trade groups representing the life, property and casualty, and reinsurance industries are asking the Treasury Department to defer indefinitely federal oversight of institutions deemed systemically risky.

• Dodd-Frank Would Not Have Prevented AIG Bailout, Former Fin’l Regulators Say

  By Susanne Sclafane, PropertyCasualty360.com  |  February 14, 2011

  If the Dodd-Frank Act had been in place years ago, regulators probably still would not have intervened to stop problems at American International Group’s Financial Products unit, three former U.S. financial regulators said earlier this month.

• 

  SLIMPACT Approved By North Dakota, Kentucky

  By Caroline McDonald, PropertyCasualty360.com  |  February 11, 2011

  With an eye towards jump-starting national momentum for reform, two House representatives from North Dakota and Kentucky led efforts to become the country’s first legislative bodies to approve a Surplus Lines Insurance Multistate Compliance Compact (SLIMPACT) this week.

• 

  State Legislative Groups Ask For Surplus Lines Implementation Delay

  By Arthur D. Postal, PropertyCasualty360.com  |  January 26, 2011

  Trade groups representing state legislators are asking Congress to extend for one year—until July 12, 2012—the effective date for state implementation of the surplus lines reform and modernization law.