State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
NCPA Study: Liabilities of Defined Benefit Plans Are Underestimated
By Michael S. FischerMany state and local governments that offer defined benefit pension plans underestimate these plans' liabilities because they use high discount rates in their calculations, according to a study released by National Center for Policy Analysis on July 29.
July 30, 2010
Deloitte: Solvency Regs Can Still Be ShapedInsurers and reinsurers should be taking the time to understand - and comment on - massive changes in financial rules that are now in the planning stages.
July 26, 2010
Compact Team Eyes Indexed-Linked FeaturesProviding an annuity crediting feature through an insurance company's general account is different from providing the same type of feature through a separate account.
July 25, 2010
Compact Team Eyes Indexed-Linked FeaturesProviding an annuity crediting feature through an insurance company's general account is different from providing the same type of feature through a separate account.
July 22, 2010
Allstate Legal Unit Now in MetLife HandsHyatt Legal Plans, a MetLife Inc. company, has acquired the group legal plans division of Allstate Corp.
July 15, 2010
NAIC Puts Tests to the TestThe Producer Licensing Working Group plans to hold a hearing on producer licensing testing and examinations Aug. 17 in Seattle.
July 12, 2010
...is Paved with Good IntentionsImagine a regulation that, implemented for the purpose of protecting consumers, actually has the opposite effect.
July 12, 2010
Sigh of Relief for EIA SellersFor months, regulators from the SEC have sought to extend that agency's regulatory authority to cover the sale of equity indexed annuities, on the grounds that EIAs derive their value from market movements and as such, are not true insurance products.