The recent financial crisis and its cascading effects on the global economy have drawn increased attention to the regulation of financial institutions including insurance companies. While many ...
On August 14, 2020, the National Association of Insurance Commissioners (NAIC) adopted a set of principles that will guide the work of insurers and entities, including data providers, that play an ...
Along with the winds, rain, and storm surges of Hurricane Katrina came a cacophony of voices urging Congress to adopt a catastrophic hurricane fund (CAT fund). A CAT fund, like the bankrupt and highly ...
As noted in our 2021 post on the draft version, the Principles supplement the 2018 Fair Treatment of Customers Guidance (“FTC Guidance”) of CISRO and the Canadian Council of Insurance Regulators and ...
Cybersecurity insurance is a new insurance industry product that reflects the havoc wreaked by hacks, data breaches and phishing attempts, which have become bolder because cybersecurity extorting ...
May 31 of this year was a bittersweet day of sorts. That's the day my license as an insurance producer in the state of New Jersey expired. I never got the chance to actually become the eternally ...
Fundamental rules of New Jersey insurance law construction should be at the heart of every insurance coverage case, as demonstrated by the four leading cases construing New Jersey insurance law in ...
In his 2015 letter, Warren Buffett warned Berkshire Hathaway shareholders that prospects for the reinsurance industry had dimmed. However, as this week's $1.5 billion deal with The Hartford ...
Image source: The Motley Fool. In his 2015 shareholder letter, Berkshire Hathaway Inc. (NYSE: BRK-A)(NYSE: BRK-B) CEO Warren Buffett warned that "[i]t's a good bet that [insurance] industry results ...
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