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BTG Compliance
News
Europes Solvency II Set to Impact American Insurers with offices abroad
By Juliette Fairley
About 68 percent of European life insurers polled in a new survey have a positive outlook for their businesses in spite of ongoing market turbulence.
UnitedHealth Group Lawsuit Advances
By Joseph Goedert
Physicians to get $200 Million in settlement for underpaid claims.
FIO Receives Request from NRRA
By Justin Stephani
National Risk Retention Association urges federal law change to better protect the operations of risk retention groups.
Aon Settles with DOJ, SEC
By Justin Stephani
Company pays $16.3 million as part of settlement relating to charges of foreign corruption.
Update: Insurers React to NTSBs Proposed Cell Phone Ban
By Carrie Burns
The American Insurance Association and Nationwide applaud the federal recommendation that all states ban cell phone use while driving; State Farm releases data that supports the need for a ban.
The Potential Savings Behind GDL Laws
By Justin Stephani
Allstate and the NSC posit that nationwide GDL policy could save thousands of lives and billions of dollars.
Insurance Fight Looms in FDIC Bank Director Suits
By Jeff Horwitz
Insurers likely to face costly legal battles as bank seizures rise.
BP Not Covered for Spill by Transoceans Insurance
By Pat Speer
BP Plc will not be able to use Transocean Ltd.s insurance coverage to pay costs related to the 2010 Gulf of Mexico oil spill, a judge ruled this morning.
Consumer Advocates, Organizations Push for Faster SBC Implementation
By Carrie Burns
After Americas Health Insurance Plans issued a statement requesting the implementation date of the Affordable Care Acts Summary of Benefits and Coverage be pushed back, health care consumers, practitioners and consumer advocates urge action.
New York Health Insurers Capitulate on Call for Transparency
By Pat Speer
Under the agreement with New Yorks Department of Financial Services, the companies would have their rate-setting applications posted on a state website.
EDGAR Online Sees Record Growth in Q3 XBRL Filings
By Pat Speer
Significant uptick in disclosures processed reflects SEC expectations, increased scrutiny on insurers, financial services companies.
MetLife Announces $275M Blow to Balance Sheet
By Justin Stephani
Death master file-related lapses in coverage and higher-than-expected catastrophe claims meddle with the life insurers financials.
Distracted Driver Disconnect Unabated
By Pat Speer
Motor vehicle drivers understand the danger of cell phone talking and texting, yet continue to exhibit the behavior.
U.S. Insurers ask FASB to Reconsider Contract Models
By INN Editorial Staff
GNAIE wants separate models for short-duration non-life and long-duration life contracts.
Top 10 Reasons Insurers Are Out of Compliance
By Justin Stephani
Claims, renewals head annual list of market conduct complaints filed with state insurance departments.
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