The complexity of the insurance industry means that companies of different sizes could see reforms proposed in the FIO's...States should "develop standards for the appropriate use of data for the pricing of personal lines insurance," the agency writes...
- Posted by Kelly Sheridan “Federal regulation may be more efficient, but none of these groups seem to want more direct involvement by the federal government. I think you're right that states need to demonstrate that they can... In reply to: Insurance Groups React to FIO Modernization Report
- Posted by sapplebaum021 “Two years late, this report is the epitome of anticlimactic. It adds little to nothing new to the legally mandated discussion of the need, if any, for industry modernization and the role, if any, of... In reply to: Insurance Groups React to FIO Modernization Report
- Posted by Nathan Golia “Thanks for this comprehensive overview, Sherry. Specifically speaking to No. 3, clearly the desire for better risk management is an opportunity for insurance software companies to jump in and provide... In reply to: 6 FAQs about Financial Risk Models Answered