Editors' picks stories for the week include a report on the National Association of Insurance Commissioners as its working group approved a cybersecurity model law and attendees at Camp Kotok are worried about weak U.S. leadership.
NAIC working group approves cybersecurity model law
The National Association of Insurance Commissioners' effort to create a cybersecurity standard has passed a major hurdle as a key committee signed off on a draft model law.
With fresh capital, Kabbage faces On Deck and growing pool of digital lenders
On Deck Capital Inc. and Atlanta-based small-business lending startup Kabbage Inc. are vying for share in digital small-business lending, where new entrants are making the space more crowded.
NAIC may require liquidity stress testing for some large life insurers
The National Association of Insurance Commissioners is mulling whether to require liquidity stress testing for large life insurance companies as part of a wider effort to strengthen and expand regulatory tools to assess liquidity and capital strength.
Camp Kotok less worried about economy than weak US leadership
There was plenty of pessimism at Camp Kotok this year about the direction of U.S. leadership both at home and abroad. But while the gathering's namesake sees ample cause for concern, he also sees some reasons for optimism. This is a two part series, click here to read the first part.
SEC weighing pilot to explore how US stock exchanges draw in liquidity
A system stock exchanges use to attract trading may be in danger as its critics push regulators to start a long-awaited pilot program.