Running Your Business
Insights on how to run an insurance agency, along with coverage of agency management and agency technology news.
Oklahoma Gov. Signs Insurance Bill
By Staff WriterOklahoma Governor Brad Henry has signed a bill to protect military personnel, strengthen industry ethics standards, streamline government processes and bolster the state insurance department's ...
June 13, 2006
Principle-Based Reserving AdvancesThe National Association of Insurance Commissioners has authorized a new working group that will examine the issue of principle-based reserving.The NAIC gave its endorsement to ...
June 12, 2006
New Hampshire Regulators Charge ING Over Fund SalesThe New Hampshire Bureau of Securities Regulation has charged two U.S. units of ING Groep N.V. with disclosing too little information about the company's mutual ...
June 12, 2006
NAIC Approves Annuity and SOX ModelsThe National Association of Insurance Commissioners has adopted new versions of its suitability model for annuities and a model audit rule designed to strengthen corporate ...
June 12, 2006
Consumer Advocates, Insurers Weigh In On Life SettlementsConsumer advocates told regulators there is a place for a secondary market of life insurance policies.A secondary market had made other markets such as the ...
June 12, 2006
Groups Say Market Conduct Studies Show Small AdvanceA survey of market conduct exams conducted by insurance trade groups among their member companies found the number of examinations has changed little, despite efforts ...
June 12, 2006
NAIC Puts Off Hybrid Securities Verdict (Updated)Failing to decide on whether hybrid securities are debt or equity would cause investors to shy away from the insurance sector and could jeopardize some ...
June 12, 2006
"Toxic" VAs Need Careful Reserving: RegulatorEven as one regulator called variable annuities "toxic products," industry representatives were saying the current draft actuarial guideline creates reserves that are redundant and too ...