News and information for insurance professionals on the way carriers collect data and information on a variety of subjects including claims, losses, and demographics and on the way the data is used to assess risk, determine rates and provide risk mitigation consulting services.
New federal regulations related to the Dodd-Frank Act are currently being rolled out across the financial services industry, affecting not only banks but insurance companies as well. The goal of these new regulations is to increase consumer protection by increasing transparency.
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