Regulation/Legislation

Federal Emergency Management Agency officials are girding for sticker-shock outrage from consumers as they prepare to implement across-the-board rate increases in the flood-insurance program.

SAP's rapid-deployment solution is designed to help insurers located or doing business in the EU to meet the Solvency II Directive's reporting requirements.

Despite the increased focus on data security, many insurers experienced data breaches in the past 12 months. Balancing compliance obligations and cyber attack vulnerabilities.

What's in store for the 2013 legislative and regulatory landscape? A quick recap of significant updates in 2012 may offer a glimpse to claims professionals.

New York Governor Andrew Cuomo imposes emergency regulations on insurers to speed the processing of Sandy claims, but an industry representative calls the rules "heavy handed" and says no other states have seen fit to take similar actions.

This newest round of take-outs approved by the state Office of Insurance Regulation is in addition to 310,000 policies the office has approved for depopulation in November and December.