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    PRIMER ON PAROCHIALISM

PRIMER ON PAROCHIALISM

Public Policy Analysis & Opinion NAIC calls out the European Union’s end run,  but offers a flawed alternative A federal charter for reinsurance—or any entity that trades in risk ceded by primary writers—would establish a regulatory baseline to foster a level playing field. On September 28, 2016, the National Association of Insurance Commissioners (NAIC) asked Congress to pressure U.S. trade negotiators to protect the myriad parochial provisions that pepper the

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    BECOMING A RISK MANAGER—ON PURPOSE OR NOT

BECOMING A RISK MANAGER—ON PURPOSE OR NOT

Risk Managers’ Forum Risk management guidelines, formal insurance-related education or not Today, more and more young people are intentionally finding their way into the field of risk management. They finish high school and either enter or end up in a formal post-secondary insurance or risk management program. Of course, many follow a less clearly defined educational path, combining college or university business and risk management education and landing a risk

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    THE THREE PHASES OF A CLAIM

THE THREE PHASES OF A CLAIM

Building phase-based strategies and processes can minimize the claims impact on a business and help drive the best outcome I’ve had the privilege of working in the insurance industry for almost 40 years. Throughout that time, I’ve experienced many claims. When claims occur, I always try to keep things in perspective, realizing that serious injury and loss of life are the most devastating claims. One of the worst claims I’ve

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    A CHANCE TURNS INTO A CHOICE

A CHANCE TURNS INTO A CHOICE

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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    IT’S A JERSEY THING

IT’S A JERSEY THING

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

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