Along with the winds, rain, and storm surges of Hurricane Katrina came a cacophony of voices urging Congress to adopt a catastrophic hurricane fund (CAT fund). A CAT fund, like the bankrupt and highly ...
May 31 of this year was a bittersweet day of sorts. That's the day my license as an insurance producer in the state of New Jersey expired. I never got the chance to actually become the eternally ...
Cybersecurity insurance is a new insurance industry product that reflects the havoc wreaked by hacks, data breaches and phishing attempts, which have become bolder because cybersecurity extorting ...
Assessment of insurance supervisory systems in member countries began in 1999 under the joint Bank-Fund Financial Sector Assessment Program (FSAP). Evaluations are based on the observance of the ...
It was an ordinary Tuesday in California until a phone call changed everything: "The hill behind your house is on fire." My stomach dropped. I then saw text messages from my kids’ school informing ...
The regulatory framework for insurance supervision in the United Kingdom is sophisticated and the authorities are leaders in supervisory techniques. Observance with the Insurance Core Principles (ICPs ...
When Democrats passed the Affordable Care Act in March 2010 — known universally as ObamaCare — they largely ignored every basic actuarial principle of insurance. As a result, ObamaCare was always ...
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