FEATURED INDUSTRY NEWS Legislation/Regulation NAMIC President/CEO on Mutual performance, regulatory standards, tort reform and more WRIN.tv spoke with Chuck Chamness, President and CEO of the National Association of Mutual Insurers, during the recent Joint Industry Forum in New York. We asked him how Mutuals fared in 2014, and for his comments on international regulatory standards, tort reform, and other issues such as the HUD Disparate Impact Standard. Among the topic Mr. Chamness discussed are: Post-financial … Read More
Homeowner/Renter/Auto Legislation/Regulation NAMIC/AIA case on HUD Disparate Impact Standard at Supreme Court for ruling in 2014. WRIN.tv spoke with Chuck Chamness, President and CEO of the National Association of Mutual Insurers, during the recent Joint Industry Forum in New York. We asked him how Mutuals faired in 2014, and for his comments on international regulatory standards, tort reform, and other issues such as the HUD Disparate Impact Standard. Among the issues that face the insurance industry … Read More
Legislation/Regulation P&C US election gives hope to tort reform battles WRIN.tv spoke with Chuck Chamness, President and CEO of the National Association of Mutual Insurers, during the recent Joint Industry Forum in New York. We asked him how Mutuals faired in 2014, and for his comments on international regulatory standards, tort reform, and other issues such as the HUD Disparate Impact Standard. With numerous Federal regulation and legislation grabbing headlines … Read More
Homeowner/Renter/Auto Legislation/Regulation NAMIC focused on making international (IAIS) capital standards tolerable WRIN.tv spoke with Chuck Chamness, President and CEO of the National Association of Mutual Insurers, during the recent Joint Industry Forum in New York. We asked him how Mutuals faired in 2014, and for his comments on international regulatory standards, tort reform, and other issues such as the HUD Disparate Impact Standard. NAMIC is very concerned about international capital standards. … Read More
Companies P&C Post-financial crisis environment conducive to mutual insurers WRIN.tv spoke with Chuck Chamness, President and CEO of the National Association of Mutual Insurers, during the recent Joint Industry Forum in New York. We asked him how Mutuals faired in 2014, and for his comments on international regulatory standards, tort reform, and other issues such as the HUD Disparate Impact Standard. Through nine months in 2014, Mutual Insurers were … Read More
FEATURED INDUSTRY NEWS Markets P&C IIS President/CEO on regional growth, cyber, and the reinvention of insurance industry World Risk and Insurance News spoke with Mike Morrissey, President and CEO of the International Insurance Society (IIS), during the recent Joint Industry Forum in New York. Mr. Morrissey believes the tone of discussions at this year’s event was different. Leaders are talking more about long-term structural changes in the insurance business. Among the topics Mr. Morrissey discussed are: There … Read More
Markets P&C Southeast Asia has opportunities for growth, while Europe lags World Risk and Insurance News spoke with Mike Morrissey, President and CEO of the International Insurance Society (IIS), during the recent Joint Industry Forum in New York. Mr. Morrissey believes the tone of discussions at this year’s event was different. Leaders are talking more about long-term structural changes in the insurance business. Mike Morrissey, President and CEO of the International … Read More
Markets P&C Asia sees growth internally and internationally through acquisition World Risk and Insurance News spoke with Mike Morrissey, President and CEO of the International Insurance Society (IIS), during the recent Joint Industry Forum in New York. Mr. Morrissey believes the tone of discussions at this year’s event was different. Leaders are talking more about long-term structural changes in the insurance business. Here, WRIN.tv speaks with International Insurance Society (IIS) … Read More
INDUSTRY NEWS Legislation/Regulation WRIN.tv Monday Morning Headlines: January 19, 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: FSOC to discuss reforms to nonbank SIFI designation process MetLife to sue; FSOC confident in its case Special election for NAIC president-elect draws 2 candidates and Texas governor names insurance commissioner Fed beefing up insurance … Read More
INDUSTRY NEWS Legislation/Regulation WRIN.tv Week in Review: January 12-16, 2015 Our Monday Morning Headlines included: FINRA scrutinizing L-Share Annuity practices and comp structures Guy Carpenter’s EMEA CEO on fundamental changes in reinsurance SNL’s Q4 ‘14 Capital Markets & M&A Tables XL acquiring Catlin And Congress reauthorized TRIA through 2020. The president has since signed the bill into law. Insurance leaders from the Insurance Information Institute -Dr. Bob Hartwig, NAMIC-Chuck Chamness, … Read More
FEATURED INDUSTRY NEWS Legislation/Regulation Insurance leaders from III, AIA, NAMIC, RAA and Deloitte react to TRIA renewal During the Joint Industry Forum in New York, World Risk and insurance News (WRIN.tv) asked industry leaders to react to the renewal of the Terror Risk and Insurance Act (TRIA). Here, we have commentary from Insurance Information Institute (III) President Bob Hartwig, NAMIC President and CEO Chuck Chamness, American Insurance Association (AIA) President & CEO Leigh Ann Pusey, Reinsurance Association … Read More
Legislation/Regulation TRIA provides public-private partnership for most terror attacks, with insurers bearing most losses – III President During the Joint Industry Forum in New York, World Risk and insurance News (WRIN.tv) asked industry leaders to react to the renewal of the Terror Risk and Insurance Act (TRIA). Here, we have commentary from Insurance Information Institute (III) President Bob Hartwig, NAMIC President and CEO Chuck Chamness, American Insurance Association (AIA) President & CEO Leigh Ann Pusey, Reinsurance Association … Read More
FEATURED Homeowner/Renter/Auto INDUSTRY NEWS Legislation/Regulation Workers Comp III’s Bob Hartwig on the new Congress, capital standards, “disruptive technology” and growth World Risk and Insurance News was on-site for the annual Joint Industry Forum, hosted by the Insurance Information Institute. Here, Dr. Bob Hartwig, President of the Insurance Information Institute, shares his thoughts on the new Congress, the debate over capital standards, technology, and more. III’s Hartwig sees Dodd-Frank, Obamacare and MetLife’s SIFI challenge as key Federal issues in 2015. Will … Read More
Legislation/Regulation III’s Hartwig sees Dodd-Frank, Obamacare and MetLife’s SIFI challenge as key Federal issues in 2015. World Risk and Insurance News was on-site for the annual Joint Industry Forum, hosted by the Insurance Information Institute. Here, Dr. Bob Hartwig, President of the Insurance Information Institute, shares his thoughts on the new Congress, the debate over capital standards, technology, and more. Here, Dr. Hartwig discusses the new, “more conservative” Congress. While there are not a large number … Read More
INDUSTRY NEWS Legislation/Regulation P&C S&P Credit Analyst reviews the impact of reauthorized TRIA. Before the New Year, Congress failed to reauthorize the federal backstop for terror insurance, prompting an outcry from insurance industry leaders and trade groups. Last week, TRIA was reauthorized through 2020. Tracy Dolin, a Credit Analyst at Standard and Poor’s, speaks with WRIN.tv about the impact of TRIA’s and what it means. Ms. Dolin notes that TRIA is extended for … Read More
ILS & Capital Markets Legislation/Regulation Life Insurance Markets WRIN.tv Monday Morning Headlines: January 12, 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: Industry News Congress reauthorizes TRIA through 2020 Congress passed a bill reauthorizing the Terrorism Risk Insurance Act through 2020, setting up the reinstatement of a federal program designed to support insurers writing … Read More
Data/Tech/Modeling INDUSTRY NEWS P&C Working in Risk & Insurance WRIN.tv Week in Review: January 5-9, 2015 Last week on WRIN.tv… Monday Morning Headlines, provided by SNL Insurance included: The Superintendent of New York’s Department of Financial Services seeking info on the impact of the expiration of TRIA…an effort now, with TRIA passing, somewhat unnecessary. Aon Benfield reported insured losses for 2014 will likely be about far lower than 2013, while SNL suggests the lack of major … Read More
Accident/Disability Brokers/Consultants INDUSTRY NEWS Legislation/Regulation P&C Monday Morning Headlines: January 5, 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: Lawsky seeks information from NY insurers on impact of TRIA expiration Lack of natural catastrophe activity keeps pressure on pricing Willis Re: Challenging conditions for reinsurers at January renewals 2014’s top insurance … Read More