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Lawyer says he has "smoking gun" in US business interruption case
John Houghtaling, who is handling $3bn in claims on behalf of small businesses forced to close by Covid-19, believes his case will be a watershed for the US BI saga. Sarfraz Thind reports
Operational risk best practice for insurers
Expert insights from the InsuranceERM Americas 2020 conference
Bermuda Monetary Authority appoints insurance supervisor
Gerald Gakundi brings regulatory and industry experience to role
Racial equality is overwhelming message at NAIC meeting
President Ray Farmer calls 2020 a moment of historical inflexion, commits NAIC to change
NAIC creates 'race and insurance' committee
Will look at race bias and ways of increasing diversity in industry
US lawmakers pressure insurers on Covid-19 business interruption claims
Seven US states have bills that would force insurers to cover business interruption claims
US insurers in Covid-19 coverage crisis
Insurers are being asked critical questions about their role in protecting consumers from the coronavirus pandemic. Despite calls from on high, the industry says it will not cover business-interruption and workers compensation losses. As the crisis deepens, industry bodies say such demands could threaten the stability of the sector. Sarfraz Thind reports
Flood, climate, capital: NAIC president Ray Farmer's agenda for 2020
Ray Farmer is the new president of the National Association of Insurance Commissioners. In this Q&A with Sarfraz Thind, he talks about flood coverage, international regulation and how he intends to raise climate awareness
US eliminates reinsurer collateral for Bermuda, Japan and Switzerland
Three countries given "reciprocal jurisdiction" status
IAIS Abu Dhabi: Why the Treasury and NAIC returned different ICS conclusions
"Team USA" voiced wildly divergent tones in their reaction to the ICS talks in Abu Dhabi last week. But, despite their strong statements, the US negotiators appear to be in accordance over zero implementation of IAIS's capital accord and the potential to move forward with compromise. Sarfraz Thind reports