New York’s recently proposed regulation on enterprise risk management (ERM) and own risk and solvency assessment (ORSA) incorporates many of the concepts adopted by the National Association of Insurance Commissioners (NAIC) and, so far, uniformly adopted by a number of states. However, there are some significant variances in the New York proposal that require consideration by New York domestic insurers, holding companies and foreign licensed insurers, including:All New York licensed insurers would be required to adopt a formal ERM function to identify, assess, monitor and manage “enterprise risk” (including areas that overlap with the ORSA requirements with the latter ostensibly applying only to New York domestic insurers). This requirement potentially could take immediate effect upon formal adoption of the proposed regulation. The requirement to file an enterprise risk report applies not only to insurers subject to New York’s holding company law … [Read more...] about New York’s Proposed ERM (Enterprise Risk Management) and ORSA (Own Risk and Solvency Assessment) Requirements: A Uniform Approach?
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SECTIONS Search E-edition Customer Service Customer Service SacBee Rewards About Us About Us Contact Us Apps Mobile & Apps Twitter, Facebook, Google+, YouTube News in Education (NIE) Newsletters Local Sacramento Region Arena City Beat Crime Local Govt Salary Database The Homeless Marcos Bretón Transportation Education Environment Health & Medicine Traffic Conditions Weather Communities Elk Grove Folsom/El Dorado Roseville/Placer Yolo Sports Sports Kings NBA News 49ers Giants Oakland A's High School Sports Joe Davidson More Sports Raiders NFL News MLB News River Cats Soccer Colleges Golf Autos Racing Politics Politics Capitol Alert State Workers The California Influencer Series Local Elections PoliGRAPH State Worker Salary Database Legislative Gifts … [Read more...] about As Measure U propaganda adds up, what are the facts behind the city’s tax hike?
SECTIONS Search E-edition Customer Service Customer Service About Us Contact Us FAQ Advertise Place Classified Ad Display Advertising Stay Connected Mobile & Apps Facebook Twitter E-mail RSS Feeds Archives My Subscription Activate Digital Subscription Manage Account Newsletters News News Local Crime Weather Education Marijuana California Nation/World Databases Special Reports Obituaries Sports Sports High Schools Outdoors Grizzlies MLB NBA NFL College Columnists David White Politics Politics Elections The California Influencer Series Political Notebook Fresno State Bulldogs Fresno State Bulldogs Football Basketball Entertainment Entertainment Calendar Movies Movie Times Music TV Theater & Arts Comics Puzzles & Games Dine Out … [Read more...] about Fresno mayor ‘won the battle but lost the war,’ Measure P allies say. What’s next?
The Executive Committee of Supreme Court Bar Association has decided to approach the Supreme Court by way of filing a Writ Petition under Article 32 of the Constitution of India for complete and comprehensive overhaul of infrastructural facilities for Supreme Court Lawyers, with a long term and tactical perspective instead of short term or incremental improvements. Here is the Full Text of Facebook post published Today in SCBA FB Page. “Respected Members may kindly note that the Executive Committee in its meeting held on 2nd November, 2015 has considered the serious inadequacy of existing infrastructural facilities of Supreme Court of India, including Court Rooms, corridors, Libraries, Canteens, Parking etc. which are extremely overcrowded and wholly insufficient to handle even the current workload. The Executive Committee considers the issue to be grave, as Supreme Court of India is an extremely important pillar of the Constitution and cannot be shifted from here just … [Read more...] about Supreme Court Bar Association to approach SC for better infrastructural Facilities for Lawyers
“People are frantic..from newspaper reports we know the inconvenience they face.. public is in some difficulty… Please dont dispute it.” CJI Thakur to AG Mukul Rohatgi. The Supreme Court today said public seemed to be frantic due to the currency crunch following the demonetisation of Rs 500 and Rs 1000 notes and asked centre to take all measures to alleviate the sufferings of people.A bench headed by Chief Justice T S Thakur also questioned the need to reduce the old notes exchange limit from 4,500 to Rs 2000. But was later satisfied by the reasoning given by Attorney General Mukul Rohatgi who appeared for Centre.“People are frantic..from newspaper reports we know the inconvenience.. the difficulty faced by public. Please dont dispute it. We also get to know that the old currency exchange limit you have reduced to 2000 from 4,500..we had asked you to give them relief but you have squeezed them further. Don”t you have sufficient notes? Difficulty … [Read more...] about Demonetisation: People Are Frantic. Speed Up Relief Measures, SC To Centre [Read Order]