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News & Commentary
Content tagged with Compliance posted in February 2013
Health Insurers Notified of Must-Offer Benefits Under Healthcare Reform
News  |  2/21/2013  | 
The Obama administration on Wednesday issued its long-awaited final rule on what states and insurers must do to provide the essential health benefits required in the individual and small-group market beginning in 2014 under the healthcare reform law.

U.S. to Operate 26 State Health Exchanges with Little Local Help
News  |  2/20/2013  | 
The Obama administration said on Tuesday that it will operate federal online health insurance marketplaces in 26 of the 50 U.S. states with little or no input from local state officials.

FIO Modernization Report 13 Months Late, Along With Other Deliverables
Commentary  |  2/15/2013  | 
HFSC urges FIO to deliver "long overdue" reports and says it will work to limit the FIO from imposing unwarranted or excessive data collection burdens on the insurance sector or on small insurers in particular.
Dubai Financial Hub Sees Growth in Asia, Africa Business
News  |  2/14/2013  | 
The Dubai International Financial Centre, a business zone, says it aims to double the number of companies there over five years by serving as a base for business with China, south Asia and Africa, not merely the Gulf.

Fireman's Fund Taps Wolters Kluwer for Insurance Compliance Solutions
News  |  2/14/2013  | 
Wolters Kluwers' NILS INsource and NILS INcompass solutions will help Fireman's Fund's compliance team simplify regulatory research while ensuring relevant regulatory changes are being implemented throughout the company.
New WellPoint CEO Has Been at Center of Healthcare Industry's Transformation
News  |  2/12/2013  | 
Joseph Swedish, a 40-year healthcare industry veteran, is charged with driving collaboration with providers to improve outcomes and reduce the costs of care.
Making ERM Part of an Insurer's Culture Requires People, Not Just Technology
Commentary  |  2/8/2013  | 
Effective risk management is not about trying to avoid risk; it is about striking a balance between minimizing risk and maximizing reward.
Travelers' Asbestos-Reinsurance Case Will Go to Trial
News  |  2/8/2013  | 
New York state's highest court on Thursday said a trial must determine whether Travelers Cos deliberately structured a nearly $1 billion asbestos settlement to force its reinsurers to pay more than their fair share.

5 Years, 5 Top Disruptors, One 800lb Analytic Gorilla - Novarica Study
Commentary  |  2/1/2013  | 
Big Data and analytics are implicated in four of the respondents' top five business disruptors and explicitly identified as comprising the fifth.

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