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July 19, 2010
 
Print Version of All Articles in July 19 ICI, Part 1
Print out this file for text of selected articles in the current issue....
 
Print Version of All Articles in July 19 ICI, Part 2
Print out this file for text of selected articles in the current issue....
 
Best Practice Tip: Fine-Tune Fixed Annuity Advertising with NAFA Suggestions
In fixed annuity advertising, insurance companies should emphasize guarantees, stress they are insurance products and avoid describing them as being similar to a variable annuity with a guaranteed floor or principal protection....
 
Financial Services Reform Shifts to Writing, Implementing New Regulations
Insurers see "a long road ahead of us" as process moves into the rule development phase....
 
House Passes Flood Insurance Reform with Onerous Amendment
Trade groups vow to fight amendment that would require insurers to exclude coverage of wind damage when there is also flood damage to a property....
 
NAIC Readies Credit Score Data Call; Washington State Warns of Higher Insurance Rates
Expect to see a draft of the data call, and a request for public comment, soon. Regulators want to issue the data call by the end of August....
 
Iowa Bulletin Seeks to End Insurance Certificate Abuses
This is the second bulletin to be issued about insurance certificates in recent years....
 
NCOIL Wrap-Up: Crash Parts, MCAS, Annuity Transactions
The developments came during the group's summer meeting....
 
AIG Agrees to $725 Million Class Action Settlement
The agreement settles a securities class-action lawsuit that alleged AIG engaged in bid-rigging activities, accounting irregularities and stock price manipulation....
 
Help Wanted July 19, 2010
Transamerica Capital Markets, a division of Aegon’s Transamerica Life Insurance Company, wants to fill two compliance vacancies in Cedar Rapids, Iowa....
 
Insurance Regulations, Bulletins & Legislation July 19, 2010
A summary of recent regulatory developments and legislation....