Insurance companies are getting even more time to implement a new rule for valuing long-term contracts following a vote by the Financial Accounting Standards Board on Wednesday. The rule maker, which sets accounting standards for companies and nonprofits in the U.S., in June proposed a delay of another year for […]
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New Rule May Strip Pollution Protections From Popular Lakes | Entertainment News
By JOHN FLESHER, AP Environmental Writer WILMINGTON, N.C. (AP) — Nearly 50 years ago, a power company received permission from North Carolina to build a reservoir by damming a creek near the coastal city of Wilmington. It would provide a source of steam to generate electricity and a place to […]
I live by a 3-part spending rule as a financial planner
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. The concept of giving first, saving next, and spending last […]
FDA proposes a ‘modest’ change to a rule for policing off-label marketing
After years of controversy, the Food and Drug Administration has issued a proposed rule to clarify when manufacturers would have to update product labeling to reflect unapproved uses of their medicines. In doing so, the agency has left intact a decades-old rule that stated drug makers must update labeling if […]
Steps to adapt SEBI’s 25-25-25 rule to suit your investment portfolio
© Nishant Kumar Steps to adapt SEBI’s 25-25-25 rule to suit your investment portfolio Anupam Roongta Recently, market regulator SEBI changed the rules for multi-cap mutual fund schemes. You can apply this rule to financial planning too. SEBI has mandated that multi-cap schemes have at least 25 per cent of their […]
The 1 Rule of Innovation Many Leaders Still Haven’t Mastered
Around 10 years ago, I lived in Boulder, Colorado, a vibrant, if small, college town about 30 minutes from Denver. At the time, craft beer was booming. Brewmeisters were popping up all across the country, realizing that the days of Coors and Miller domination were over; it was time for independent […]
India Regulator Shows Funds the Way to Meet New Investment Rule
(Bloomberg) — India’s market regulator has allowed mutual funds to choose from options to comply with its investment rules for multi-cap products, putting to rest speculation that the norms could push as much as 400 billion rupees ($5.4 billion) to the broader market. © Bloomberg Elevators travel next to electronic […]
Louisiana Emergency Rule Extends Insurance Premium Payment Time
Insurance policyholders in Louisiana who have been impacted by Hurricane Laura will have more time to pay their premiums under an emergency rule issued by the Louisiana Department of Insurance. Insurance Commissioner Jim Donelon said Emergency Rule 45 allows greater protection and flexibility for policyholders impacted by Hurricane Laura. “Emergency […]
New Group Capital Rule to Boost Hong Kong Insurance Market
AM Best believes Hong Kong’s proposed Group Capital Rule (GCR) will be beneficial to the group-wide risk and capital management culture of insurance entities. A new Best’s Commentary, titled, “New Group Capital Rule to Boost Hong Kong Insurance Market,” states that the proposed regulation, which would augment the current regulatory […]