All Regulatory articles – Page 42
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Global Matters
Litigious industry
The US still far exceeds the tort costs of other industrialised nations.
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Global Matters
And the heat is off
The FSA puts on hold its plans to develop rules on contract certainty.
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Features
Filling the reserves
Duncan Briggs and Cheryl Tibbits consider the conservatism in Regulation XXX and the approaches taken to fund the reserve strain
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Features
Hung out to dry
Australia is another jurisdiction joining the US in its efforts to tackle money laundering Dean Carrigan and Penny Holloway discuss its potential impact on insurers.
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Global Matters
A selective approach
Existing outside the EU, how will the Reinsurance Directive impact on the Isle of Man's captive market?
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Features
Clean up - the act
New regulations to prevent money laundering in the US could indirectly impact reinsurers, warn Melvin Schwechter and Robert Woody
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Industry Matters
A chink in the FAIR act
Without a federal claims fund many companies will continue to opt for bankruptcy as an asbestos liability solution, warn Robin Cantor and Michael Cook.
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Online only
US tort costs hit $260bn
US tort costs reached a record $260bn in 2004, or approximately $886 per person, according to the US Tort Costs and Cross-Border Perspectives: 2005 Update from the Tillinghast business of Towers Perrin. This surpassed the previous record set in 2003 by $16bn. The 2005 Update analyzes US tort costs from ...
