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June 2, 2014
Print Version of Articles in June 2 ICI
Print this file for text of articles in the current issue....
Compliance Trends: Companies Not Investing Enough in Compliance, New Analysis Shows
Nearly half expect compliance spending to go up in 2015 and beyond, while 'virtually no one' expects those budgets to be cut....
Carrier Pays Hefty Fine for Slow Response to Sandy Claims
The consent order tells insurers how to be prepared to handle for catastrophe claims....
Two Insurers, Minnesota Reach $4 Million Death Master File Settlement ...
Collectively, they are also expected to return an estimated $20 million to beneficiaries....
... As Court Says Proof of Death Not An Unreasonable Request
Lawsuit was based on a regulatory agreement, but the court said the plaintiff couldn't piggyback on its terms....
New York Pushing Insurers to Adopt Usage-Based Auto Programs
The “invitation” comes in guidance which alerts alert insurers to the department’s “keen interest” in receiving telematics filings....
Insurance Regulations, Bulletins & Legislation – June 2, 2014
Our exclusive roundup of recent regulatory developments and legislation...