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SEC’s Proposed Rule 151A Will Pose New Compliance Challenges No one is sure at this point whether the SEC will succeed in passing a rule to redefine indexed annuities as securities – regulators can’t even agree on whether it is even needed – but its passage would undoubtedly mean new compliance challenges for insurers....
NAIC’s Weatherford Lands at NAVA; Alabama’s Bell Heads to Swiss Re It didn’t take long for two former superstars at the NAIC to find new jobs. NAVA has named former NAIC chief Cathy Weatherford as its new president and CEO and Alabama insurance commissioner Walter Bell is headed to Swiss Re America Holding Corporation as its new chairman....