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 ...
Washington, D.C. — The effects of climate change are already being broadly felt by U.S. insurance markets, consumers, and the financial system. A new Center for American Progress column outlines four ...
Businesses can carry out activities that run the risk of damaging employees, suppliers, customers or third parties. Such risks can be due to the carelessness of employees, product defects, breach of ...
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 ...
People often reach out when they are unable to buy insurance or if their claims are rejected. In one case, an uncle wanted to gift life insurance to his nephew; in another, a fire claim bought by a ...
This Working Paper is a detailed assessment of Japan’s compliance with the Insurance Core Principles of the International Association of Insurance Supervisors. The paper identifies a reduction in ...
Canada’s insurance industry is broadly supporting three principles for managing conflicts of interest proposed by the country’s insurance market conduct regulator in 2006, a survey has found.These ...
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 ...
The judgment in the case detailed below was over a fire insurance policy. In a judgment delivered on June 26, 2008, K.T. Chitrasiri, Judge of the Commercial High Court of the Western Province ...