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Gary Henning, American Insurance Association senior vice president, in remarks prepared for a joint hearing in Albany today by the Senate Committee on Consumer Protection and the Assembly Committee on
Authors of the study noted that a decade ago there were only 15 countries with a sole regulator for financial services. Of the nearly 40 nations that now have one financial services regulator, 15 crea
IIABA said the program is geared toward producers with less than three years experience in sales and less than five years in the insurance industry. The course consists of 12 full days of training con
State insurance regulators should "forgo any further discussion or consideration of the proposal," the groups write in the letter, which was sent to NAIC President Alessandro Iuppa, the Maine
Federal prosecutors unveiled a criminal indictment last week accusing three executives formerly with General Re and one from American International Group of participation in sham reinsurance
If trade barriers such as collateral requirements are lifted, foreign reinsurers could provide more support in the event of another U.S. mega-disaster along the lines of Hurricane Katrina, Lloyd's
Finetre Corporation, a provider of e-commerce technology solutions for the annuity industry, has agreed to develop an online fixed annuity sales platform jointly with Beacon Research, a source of
Salaried employees were made a buyout offer late last month in the form of "enhanced severance in exchange for voluntary termination," noted Mr. Trevino. If the number of volunteers falls short of
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