State Farm says it will not accept liability on the future sale of annuities or mutual funds. Meanwhile, Allstate, USAA and Nationwide plan to remain in the commission investment business.
A risk retention group which insures taxicabs primarily in Pennsylvania and New Jersey has been placed in liquidation, setting off a scramble by cab owners to find new insurance.
The International Association of Insurance Supervisors on Thursday unveiled what it envisions as a uniform capital framework for internationally active insurers, or global systemically important insurers.
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"articles": [
{
"uri": "/2016/09/22/fiduciary-rule-causes-insurers-to-pull-back-on-financial-products/",
"title": "Fiduciary rule causes insurers to pull back on financial products",
"byline": "Arthur D. Postal",
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"prettyDate": "September 22, 2016",
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"summary": "State Farm says it will not accept liability on the future sale of annuities or mutual funds. Meanwhile, Allstate, USAA and Nationwide plan to remain in the commission investment business.",
"body": null
},
{
"uri": "/2016/05/24/analysts-respond-to-the-feds-proposed-rules-for-insurers/",
"title": "Analysts respond to the Fed's proposed rules for insurers",
"byline": "Arthur D. Postal",
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"prettyDate": "May 24, 2016",
"timeToRead": "6 minute",
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"summary": "The Federal Reserve Board will soon propose two-tier capital requirements for the insurers it oversees.",
"body": null
},
{
"uri": "/2016/04/18/florida-exiting-clearinghouse-for-surplus-lines-pr/",
"title": "Florida exiting clearinghouse for surplus lines premiums",
"byline": "Arthur D. Postal",
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"prettyDate": "April 18, 2016",
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"summary": "State's decision moves the insurance industry closer to goal of uniform taxation.",
"body": null
},
{
"uri": "/2016/04/06/labor-department-relaxes-fiduciary-standard/",
"title": "Labor Department relaxes fiduciary standard",
"byline": " Arthur D. Postal ",
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"prettyDate": "April 06, 2016",
"timeToRead": "2 minute",
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"summary": "Insurers will be given greater latitude than initially forecast in selling proprietary products, such as annuities.",
"body": null
},
{
"uri": "/2016/04/06/labor-department-relaxes-fiduciary-standard/",
"title": "Labor Department relaxes fiduciary standard",
"byline": "Arthur D. Postal",
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"prettyDate": "April 06, 2016",
"timeToRead": "2 minute",
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"summary": "Insurers will be given greater latitude than initially forecast in selling proprietary products, such as annuities.",
"body": null
},
{
"uri": "/2014/10/30/insurers-still-dont-get-climate-change-heres-what/",
"title": "Insurers still don't 'get' climate change; here's what that means for the business going forward",
"byline": "Arthur D. Postal",
"kicker": "News",
"prettyDate": "October 30, 2014",
"timeToRead": "3 minute",
"image": {
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"summary": "The insurance industry is in most cases out of touch on climate control issues, according to a new study.",
"body": null
},
{
"uri": "/2014/10/30/risk-retention-firm-fails-putting-cab-drivers-at-risk/",
"title": "Risk retention firm fails, putting cab drivers at risk",
"byline": "Arthur D. Postal",
"kicker": "News",
"prettyDate": "October 30, 2014",
"timeToRead": "3 minute",
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"summary": "A risk retention group which insures taxicabs primarily in Pennsylvania and New Jersey has been placed in liquidation, setting off a scramble by cab owners to find new insurance.",
"body": null
},
{
"uri": "/2014/10/28/new-rule-would-require-flood-escrowing/",
"title": "New rule would require flood escrowing",
"byline": "Arthur D. Postal",
"kicker": "News",
"prettyDate": "October 28, 2014",
"timeToRead": "3 minute",
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"summary": "Mortgage servicers will be required to escrow premiums and fees for flood insurance under a regulation now being proposed by federal banking agencies.",
"body": null
},
{
"uri": "/2014/10/28/new-rule-would-require-flood-escrowing/",
"title": "New rule would require flood escrowing",
"byline": " Arthur D. Postal ",
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"prettyDate": "October 28, 2014",
"timeToRead": "3 minute",
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"summary": "Mortgage servicers will be required to escrow premiums and fees for flood insurance under a regulation now being proposed by federal banking agencies.",
"body": null
},
{
"uri": "/2014/10/23/iais-proposes-new-capital-standards-for-international-insurers/",
"title": "IAIS proposes new capital standards for international insurers",
"byline": "Arthur D. Postal",
"kicker": "News",
"prettyDate": "October 23, 2014",
"timeToRead": "4 minute",
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"authors": [
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"summary": "The International Association of Insurance Supervisors on Thursday unveiled what it envisions as a uniform capital framework for internationally active insurers, or global systemically important insurers.",
"body": null
}
]
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}
