Regulation & Compliance
Benefits of Climate-Related Financial Disclosures
We need to work on a united, collaborative response when it comes to combating climate change, said Zurich Insurance's Cecilia Reyes in a recent blog, expanding on her Dec. 15 Twitter chat on ...
A First for the Nation: New York’s Crime Insurance Reg Kicks in This July
New York State's Department of Financial Services (DFS) in December issued a new regulation that prohibits insurance companies from denying commercial crime insurance coverage to New York businesses ...
Proposed Cyber Security Regs Eased in New York After Industry Complaints
New York state's financial regulator on Wednesday issued a revised proposal for the nation's first cyber security rules for banks and insurers, loosening some security requirements and delaying ...
Hannover Re, SCOR Gain Approval to Open India Branch Offices
Both Hannover Re and SCOR have gotten regulatory approval to launch branches in India. Hannover Re announced on Dec. 28 that the Insurance Regulatory and Development Authority of India granted ...
‘Regtech’ Cos. Stand to Gain From Fragmented Regs of Trump Era
President elect Donald Trump is pro-business and anti-red tape. But what if your business is red tape? Companies whose technology helps banks and investors cope with the welter of post financial ...
First-of-a- Kind U.S. Insurance Reg Helps Ex-Cons Get N.Y. Jobs
New York Governor Andrew Cuomo issued a regulation last Wednesday making it easier for businesses to hire former convicts by prohibiting insurance companies from refusing coverage for crime-related ...
New York Insurance Banking Cybersecurity Regs to Be Delayed Past Jan. 1
New York's financial regulator will delay an anticipated Jan. 1 deadline for banks and insurers doing business in the state to comply with controversial cybersecurity rules, a person familiar with ...
N.J. Life Insurance Agent Charged With Stealing Client Identities
State authorities say a former insurance agent assumed the identities of former clients to fraudulently apply for new life insurance policies in their names. Marta Cristina Cunha is charged with ...