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Hannover Life Reassurance Company of America has received permission from regulators to do business as a reinsurer in New York state.
Hannover Life Re, Orlando, Fla., now has the authority to transact business in all 50 states and Puerto Rico.
Hannover Life Re is a unit of Hannover R?ckversicherung A.G., Hannover, Germany.
Todd Wickwire, promoted from COO, was previously head of U.S. equity research at Wells Fargo for 20 years.
The Trump administration is also moving to require health insurers to post estimates of patients' real prices.
The NAIC says it has a chance to get a U.S. alternative approved. The FIO says ICS Version 2.0 is too poor a fit.
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