FINRA Outlines 2014 Regulatory Priorities

Daily Featured Articles - 1/5/2014

Rising interest rates and the popularity of alternative investment products are causing the Financial Industry Regulatory Authority (FINRA) to take a closer look at the suitability of long-duration bonds sold by retail brokers and advisors, the agency said...
A bill authorizing the Securities and Exchange Commission (SEC) to increase the number and frequency of exams administered to investment advisors, and to charge advisors a fee to take the tests, received an important endorsement earlier this month but appears to lack support from one key constituency: House Republicans...
President Barack Obama returns to Washington this weekend eager to test whether a modest budget deal passed in the waning days of 2013 can spark bipartisan momentum on Capitol Hill...
Now, it's halftime for the marketplaces - the government-run hubs where people can purchase private insurance plans on the individual or small-group markets...
You were patient with the government's kooky website, and now you have your health insurance card. That's good, since your family is expecting a new baby...
The pension funded status of the nation's largest corporate sponsors increased sharply in 2013 due primarily to rising interest rates (which lowered liabilities) and a strong stock market, according to a new analysis...
Enrollment in Medicare Advantage plans will grow more slowly in 2014 than it did the past couple years, predicted an analyst who follows health insurers...
Kaiser Permanente has extended the deadline to Jan. 15 for receipt of the first month's premium for a Jan. 1 coverage effective date. In addition, Kaiser Permanente has begun calling new members to inform them about the deadline extension...
While the East Coast and Midwest deal with extreme cold and snow, California is experiencing record warm weather and dry conditions...
The insurance companies have also requested revisions to the current geographic rating territories...
Taxpaying residents in states expanding Medicaid coverage to accommodate the sweeping 2010 health care reform law could see a return on their investments of as much as $5.11 for every additional dollar in income taxes they'll pay to fund the Affordable Care Act...
Challenges faced by both traditional reinsurers and new capacity are myriad. These include rate reductions, new capacity and market entrants, low interest rates, greater retention of reinsurance premiums by large buyers, diminishing reserve releases, expansion in terms and conditions, and increasing regulatory oversight...
What's keeping your clients up at night?
Texas' three largest home insurers are kicking off 2014 with steep increases in policyholder premiums...
New Jersey Gov. Chris Christie has asked the federal government to revise the time limit for residents affected by Hurricane Sandy to file lawsuits regarding their flood insurance claims...

Insurance Newswires - 1/5/2014

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05 Jan, 2014


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Source: http://insurancereviewinfo.blogspot.com/2014/01/finra-outlines-2014-regulatory.html
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