Running Your Business
Insights on how to run an insurance agency, along with coverage of agency management and agency technology news.
Frank Sees Strong Backing for OFC
By Arthur D. PostalCreation of an optional federal charter (OFC) for insurers will be on Congress' 2011 agenda because it has strong bipartisan support, Rep. Barney Frank, D-Mass., has told state insurance legislators.
August 06, 2010
NAIC Chimes in on Retained AssetsState insurance regulators will demand disclosure in plain language that beneficiaries of insurance products can "receive the entire death benefit in a single cash payment" in future regulation of retained asset accounts, the NAIC says.
August 06, 2010
Financial Institution Executive Benefits Compensation Disclosure ProvisionThe Dodd-Frank Wall Street Reform and Consumer Protection Act includes a provision on executive compensation at covered financial institutions.
August 05, 2010
PPACA: Task Force Seeks Preventive Care IdeasAn advisory group that helps the federal government evaluate preventive care services is looking for nominations for topics to review.
August 05, 2010
PPACA: NAIC Panel Has Full CalendarThe Regulatory Framework Task Force will be busy updating National Association of Insurance Commissioners appeals and managed care models.
August 05, 2010
Conning: Surviving Insurer-Bank Combos May Be StrongerInsurance-banking combination strategies born since the recession started may have a greater chance of success than older combination efforts.
August 05, 2010
Social Security Founders, Medicare GainsThe Affordable Care Act could extend Medicare trust fund solvency 12 additional years, to 2029, program trustees say.
August 05, 2010
Health Care Goes HITECHHealth insurers and organizations are backing the U.S. Department of Health and Human Services and its newly issued regulations for implementing the Medicare and Medicaid electronic health records (EHR) incentive programs.