Montana passes new law for life insurers

There have been many regulatory changes for the life insurance industry in the past few years, both at the federal and state levels. One that life insurers may want to keep a close eye on, in particular, was recently passed in Montana.

Executives must take time to understand ORSA

These days, insurers have to deal with a large and growing number of regulations being set forth by the federal government and other organizations, and that trend is going to continue in the near future with the introduction of the Own Risk and Solvency Assessment from the National Association of Insurance Commissioners.