Regulation & Compliance
PCI Hires Treasury Department, Federal Insurance Office Veteran
A veteran of the U.S. Department of Treasury and other government departments who helped establish the Federal Insurance Office is joining the Property Casualty Insurers Association of America. Chris ...
UK Urged to Reassess Building Design in Age of Global Warming
Britain must reassess the way it designs buildings to cope with a warming climate, stepping away from huge expanses of glass and beyond air conditioning that consumes too much energy, a panel ...
Trump Talks Drones, Internet of Things With Tech Executives
President Donald Trump met with two dozen executives from technology companies and venture capital firms on Thursday for advice on how the government can promote emerging technologies such as drones ...
More Flood Insurance Bills to Come after Two Advanced by House Committee
The House Financial Services Committee on Thursday passed two bills to reform the National Flood Insurance Program (NFIP). One is a broad reform proposal that seeks to encourage more private ...
House Republican Proposal Would Prevent States From Setting Self-Driving Car Rules
California and other states would be barred from setting their own rules governing design and testing of self-driving cars, while federal regulators would be blocked from demanding pre-market ...
U.S. Senate Trio Plan to Introduce Self-Driving Car Legislation
A bipartisan trio of U.S. senators said on Tuesday they planned to introduce legislation to remove regulatory roadblocks to the introduction of self-driving cars, including sorting out conflicts ...
Trump Administration Lays Out Proposed Overhaul of Bank Rules
The Trump administration laid out its highly anticipated plan for overhauling bank rules, calling on the government to ease, though not eliminate, many of the strictures that were imposed on Wall ...
Brokers vs. Carriers: ‘A Classic Sign of a Soft Market’
Chief executive officers of property/casualty insurance brokers and P/C insurance carriers called each other out last week for engaging in activities they said were "classic signs of a soft market." ...