New Yorker is The National Alliance National Outstanding CSR of the Year How many times have you heard someone in our industry say: “I had no intention or desire to enter the insurance business, but 15 years later, here I am”? That may be true of you—and it’s definitely true for Kelly McGowan, CISR Elite, the 2016 winner of The National Alliance for Insurance Education & Research Outstanding CSR of
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Public Policy Analysis & Opinion New Jersey official given federal role in systemic-risk regulation of Prudential On August 29, 2016, the National Association of Insurance Commissioners (NAIC) announced its designation of the New Jersey director of insurance regulation to the association’s seat on the Treasury’s Financial Stability Oversight Council (FSOC). The Dodd-Frank Act created the FSOC to apply public oversight of non-bank financial entities that pose a systemic risk to
More students, more graduates, more jobs as disabled veterans launch their insurance careers—plus an exciting new partnership with The National Alliance By Elisabeth Boone, CPCU Most of us would agree that, when it comes to second chances, no one deserves them more than our brave military veterans who are coming home with what often are serious and disabling injuries. Thanks to their rigorous training, discipline, and leadership skills, veterans make
Are humans necessary to deliver a policy from the insurer to the client? I started out in the insurance industry as an agent almost 40 years ago. It was 1977 and there were no computers, cell phones or fax machines. No spell-check, only a Webster dictionary next to my electric typewriter, plus an ample (thankfully) supply of Wite-Out. It was the year that Steve Jobs and Steve Wozniak launched their
Initial positive response from insurance sector for “too big to fail” insurers Officials of the Federal Reserve System proposed new rules governing capital reserves for two classes of insurance enterprises: insurers that own a bank holding company and insurers deemed to be Systemically Important Financial Institutions (SiFi). Early responses to the proposal from property/casualty insurance interests welcomed the proposals. The Federal Reserve officials announced plans to accept public comments until
