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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
IAIS Abu Dhabi: compromise on global capital standard keeps process on track
Paul Walsh summarises the reaction to today’s agreements that keep the Insurance Capital Standard on track, but not without objections from Canada and questions about US comparability
NAIC backs Fed group capital proposals
New rules more burdensome for regulated insurers but win for state structure
Team USA under pressure from Senate to reject bad ICS deal
Vote on ICS 2.0 is due in November
US regulators must focus on cyber, technology
Linda Lacewell highlights need for more women in insurance at NAIC's New York event
Climate risk in the US: time to stand up
Trenchant politics, vested interests, short-term thinking ... tackling climate change in the US is an uphill battle. Washington insurance commissioner Mike Kreidler tells Sarfraz Thind about the difficulties of standing up to the status quo