BTG Compliance

News

NFL With Developers Push for Congress Win on Terrorism Insurance

By Kathleen Hunter

Sports associations, along with insurers, developers, banks and the U.S. Chamber of Commerce, say their businesses could be wiped out by a Sept. 11-style attack.

Bankers Push for Delay of Flood Insurance Premium Hikes

By Victoria Finkle

Senate Banking Committee will examine the effects of the Biggert-Waters Flood Insurance Act of 2012, which eliminated grandfather clauses that prevented premiums from rising for some properties.

AIA Supports TRIA Reauthorization

By Justin Stephani

In comments submitted to the Presidents Working Group, the American Insurance Association says terrorism is an uninsurable risk and requires partnership with the government.

PCI Concerned about FSB’s Peer Review Report

By Justin Stephani

A new request for peer reviews from the global regulatory body groups insurers and banks together.

17 Health Insurers’ Rates Approved to Provide Coverage on New York’s Exchange

By Carrie Burns

Aetna, Empire BlueCross BlueShield and 15 other insurers set to participate in New York’s Health Benefits Exchange.

Health Insurers to Stay on the Path

By Carrie Burns

Delaying the health insurance employer mandate mostly affects employers, experts say; health insurers continue to focus on exchanges.

6 Takeaways From the FIO’s First Annual Report

By Justin Stephani

FIO emphasizes global responsibilities and opportunity for growth.

SAP Unveils Cloud-Based System To Track, Analyze ISO Circulars

By John McCormick

Product designed to enable carriers to track circular changes, plan for implementation and analyze their potential impact.

Alaska Passes Bills to Allow Online Policy Administration

By Justin Stephani

New law allows insurers to provide policies and endorsements online.

Foreign Nonbank Financial Institutions Should Clear SIFI Status

By Justin Stephani

Smaller U.S. insurers with overseas parent companies are unlikely to be targeted by FSOC; American Council of Life Insurers defends foreign nonbank financial companies.

Survey: Insurers’ Regulatory Change Management Falling Short

By Carrie Burns

Many compliance executives working in the U.S. insurance space admit to a lack of consistent structure, lack of institutionalized processes for sharing regulatory information and disjointed use of technology.

Actuaries Examine the Impact of Health Care Reform on P&C Insurers

By Justin Stephani

Workers’ compensation and medical malpractice among lines most likely affected; impact likely to differ by state.

Assurant, Blue Cross Blue Shield of Texas and Humana to Participate in InsureXSolutions

By Carrie Burns

The three insurers join Aetna and Blue Cross and Blue Shield of Illinois in offering products through the private insurance exchange.

Most P&C CFOs See Strategic Value in ORSA

By Carrie Burns

With Own Risk and Solvency Assessment regulatory requirements approaching, P&C insurers believe the process will improve the link between their company’s enterprise risk management efforts and capital and strategic planning, according to a new Towers Watson survey.

4 Tech Trends Pushed by ACT, AUGIE in 2013

By Justin Stephani

Making agents’ lives easier with these technology advances should be on every insurer's to-do list this year, according to IIABA’s Agents Council for Technology and ACORD’s User Group Information Exchange.

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