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26 Sep 2023, 7:20 am by Patrick Bracher (ZA)
From 1 July 2018 the scheme did not qualify as a group scheme under the 2017 Act which requires “an autonomous association of persons united voluntarily to meet their common or shared economic social needs and aspirations (other than obtaining insurance), which association is democratically controlled”.The insurer and the intermediary (which sought to move the business to another insurer and to have the debit orders moved accordingly) conceded… [read post]
14 Jul 2010, 12:00 am by JA Hodnicki
Daniel Sokol Jan Boone (Department of Economics, CentER, Tilec, Tilburg University), Carline Droge (CPB Netherlands Bureau for Economic Policy Analysis), Ilaria Mosca (Sint Fransiscus Gasthuis), and Rudy Douven (Dutch Healthcare Authority and TILEC) examine Health insurance competition:... [read post]
14 Jul 2010, 12:00 am by JA Hodnicki
Daniel Sokol Jan Boone (Department of Economics, CentER, Tilec, Tilburg University), Carline Droge (CPB Netherlands Bureau for Economic Policy Analysis), Ilaria Mosca (Sint Fransiscus Gasthuis), and Rudy Douven (Dutch Healthcare Authority and TILEC) examine Health insurance competition:... [read post]
3 Aug 2020, 7:06 am by Christopher Adcock
Lowering the costs of writing insurance policies and creating a higher level of trust among parties can make insurance policies more widely accessible. [read post]
13 Apr 2011, 12:42 am by Tomassi Law Associates
However, we observe a number of potential headwinds, which could impact on sentiment and the high valuation relative to the wider insurance sector. [read post]
8 Apr 2008, 9:18 pm
What is clear, though, is that the economic well-being of this group, and the very survival of many individuals in this group, is being threatened. [read post]
9 Mar 2021, 5:47 am by Corinna Baltzer (DE)
The circular applies to German insurers but also to insurers domiciled in the European Economic Area doing business in Germany with the exception of governance requirements (which are reserved to the legal framework of their home country). [read post]
3 Sep 2020, 3:04 am by Etelka Bogardi (HK) and Amy Chung
Pillar 2 will set out risk management and governance requirements that a DIHC is expected to apply across the group, which include a requirement to carry out a Group Internal Economic Capital Assessment (GIECA), and an Own Risk and Solvency Assessment (ORSA) to assess present and future financial and risk conditions of its insurance group. [read post]
7 May 2007, 6:04 pm
When group purchasing bodies are small industry bodies or not-for-profit associations, it may not be economical for them to obtain an AFS licence or to register a managed investment scheme.ASIC is also consulting on proposals for technical relief for insurers from the product disclosure statement provisions when a person to be covered under a group insurance product would have acquired the product as a wholesale client if they were the… [read post]
1 Dec 2011, 9:46 am by Andrew Ramonas
Brown Rudnick lost a director in its government law and strategies group to The Guardian Life Insurance Co. of America, the company announced Wednesday. [read post]
2 Aug 2009, 6:44 pm
AIG and Travelers are both facing difficult situations economic issues..On Friday Moody's Investors Services downgraded two American International Group Inc. [read post]
17 Feb 2011, 12:26 pm by Law Office of Marcia G. Shein, P.C.
Although the economic recession might be one reason people commit insurance fraud, the NICB has little sympathy. [read post]
24 Jun 2014, 4:40 pm by Sabrina I. Pacifici
This brief provides background for understanding the economic drivers of proposed rates, state and federal rate review authority, the effects of rate changes on Marketplace enrollees and federal spending on premium credits, and the economic and political dynamics of the rate review and approval process…Premium rates for individual and small group health insurance generally must be filed with  and often must be approved by state regulators, and the… [read post]
9 Oct 2008, 10:15 pm
Mills PhD CPA examined how dependable life insurance companies are under varying economic conditions and  whether life insurance companies lent stability to capital markets in severe periods of economic stress. [read post]
28 Jul 2009, 4:44 am
  I had a fairly dry topic, though one necessary in these difficult economic times, "Hard Times in Trucking Litigation: What to Do When the Trucking Defendant or Insurer Goes Under. [read post]
19 Feb 2019, 6:48 am by Michael Risch
It surely would change the litigation dynamic.In The Effect of Patent Litigation Insurance: Theory and Evidence from NPEs, Bernhard Ganglmair (University of Mannheim - Economics), Christian Helmers (Santa Clara - Economics), Brian J. [read post]
11 Jul 2019, 11:40 am by skelly
Seemingly, gone were the days of state “fictitious groupinsurance laws prohibiting the grouping of individuals or entities for the purposes of buying insurance, replaced by a federal framework intended to provide consistent, economical and affordable coverage to commercial liability insureds across the United States. [read post]