Regulation
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Louisiana insurers face $100m assessment for local insolvencies
Admitted insurers will need to pay 1% of their 2020 net written premiums, following collapse of Access Home Insurance and State National Fire Insurance
FCA to raise minimum fees
Near-doubling of minimum fees would ‘better reflect cost of regulation’
Treatment of broker commissions under IDD clarified
Eiopa explains when commissions received by an intermediary constitute a conflict of interest
FCA senior managers gain new enforcement powers
Managers will be able to take decisions on a firm’s authorisation or an individual’s approval to create a 'more innovative and assertive regulator'
Solvency II reform could encourage green investments
Review provides opportunity to pursue reforms that 'smooth' investment processes, PRA official says
New York issues guidance for insurers on climate change
State regulator sets out expectations on how insurers should incorporate climate risk into their overall risk management
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