AIA’s Pusey on tax reform, foreign trade, tort reform, global capital standards and more. Legislation and regulation, in the U.S. and internationally, remain top issues for the insurance industry. Here, World Risk and Insurance News (WRIN.tv) speaks with Leigh Ann Pusey, President & CEO of the American Insurance Association (AIA) about these and other issues. Ms. Pusey is considered by many to be a Washington insider. Here she says tax reform, cyber risk, foreign … Read More
Affordable Care Act supports “Stable” Outlook for Health Insurers – A.M. Best In a recent edition of First Monday, Sally Rosen, Assistant Vice President Life/Health, discussed the rationale for A.M. Best’s “Stable” outlook for the Health insurance segment. According to Ms. Rosen, “2014 was the first year…where many aspects of the Affordable Care Act came together…Overall. Health insurer earnings remain favorable…most have remained adequately or more than adequately capitalized for the level … Read More
Monday Morning Headlines: January 26, 2015 Monday Morning Headlines are compiled by SNL Insurance and produced by WRIN.tv as a weekly video digest of the news making headlines in the U.S. Insurance industry. In this edition of Monday Morning Headlines: President Obama Talks Terror, Cybersecurity, Climate Change and ACA in State of the Union Address Dept. of Homeland Security Wants Cyber Incident Repository for Insurance Industry New York DFS to Issue Cybersecurity Guidance … Read More
WRIN.tv Week in Review January 19-23, 2015 Last week on WRIN.tv… Monday Morning Headlines, provided by SNL Insurance, included: FSOC meeting to consider changes to SIFI designation process. MetLife taking opposition to its “premature” SIFI designation to court. The Federal Reserve is beefing up its insurance team. Lots of movement among insurance regulators at the NAIC, as well as Pennsylvania and Texas And Aon Impact Forecasting reported … Read More
The Institutes President/CEO talks about the underwriting profession of today…and tomorrow Peter Miller, President and CEO of The Institutes joined WRIN.tv during the Joint Industry Forum in New York to discuss the many changes affecting the underwriting discipline over the past few years, including the impact of technology, data and the opportunities they present to underwriting professionals. Top three factors affecting underwriters today all revolve around technology Telematics, data analytics and … Read More
ABIR’s Brad Kading on Bermuda after 2014 hurricanes, regulation, new capital, growth and more. World Risk and Insurance News spoke with Brad Kading, President & Executive Director of the Association of Bermuda Insurers and Reinsurers (ABIR), during the recent Joint Industry Forum in New York. He discussed the impact of the tropical storms that hit the island in October 2014, Bermuda’s efforts to seek Solvency II equivalence, NAIC designation of Bermuda as a “qualified … Read More
Stable outlook for Personal Lines carriers – A.M. Best In a recent edition of A.M. Best’s First Monday series, Vice President Rich Attanasio discusses the rationale for a “Stable” outlook for the Personal Lines segment. According to Mr. Attanasio, A/M/ Best’s stable outlook for Personal Lines “reflects robust risk adjusted capitalization, consistent performance in the auto line…as well as improving trends on the property line.“ In addition, insurers are using more … Read More
