Here are 5 of the top regulatory hurdles facing insurers in 2016
February 5, 2016 by Warren S. Hersch
From principle-based reserving to the Department of Labor’s re-proposed fiduciary standard, life insurers and their agents and advisors face a host of regulatory threats. A new report from Deloitte Center for Regulatory Strategies, “Top regulatory trends for 2016 in insurance,” delves into the pitfalls and proposes solutions for tackling them.
Some of the changes may be more costly than others — in terms of capital outlay, technology, people and resources needed to stay in good graces with federal and state authorities. Click HERE for a recap of five of the top regulatory challenges you and your carriers can expect to deal with in the year ahead. The full Deloitte report can be downloaded here.