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For property and casualty insurers, projecting compliance issues that might impact the business of insurance in 2011 essentially requires a “regulatory reflection” of the past year.
For property and casualty insurers, projecting compliance issues that might impact the business of insurance in 2011 essentially requires a “regulatory reflection” of the past year.
Unaudited financial results released this week showed the Federal Reserve earned billions in interest income from credit extended to AIG and two of its life insurance subsidiaries, AIA Aurora LLC and ALICO Holdings LLC.
A two-year investigation by the California Department of Insurance’s Fraud Division has resulted in the arrest of 20 people allegedly involved in a Los Angeles-area auto insurance fraud ring that cost insurers more than $1 million.
Changes in regulatory reporting for insurers are being debated within the industry and the outcome remains uncertain, but after surveying insurance leaders StoneRiver discovered some surprising opinions from insurers.
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