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April 9, 2007
 
Best Practice: Insurance Fraud And Catastrophes
Lessons learned during Hurricane Katrina are helping MetLife Auto & Home clear legitimate catastrophe claims and remain focused on identifying fraud schemes....
 
Insurance Fraud: Consider Investigator Workload, Background When Considering Vendors As SIU Staff Option
Insurers have the option is to use a vendor for their SIU operations, but that choice comes with its own set of checklists to make sure the partnership goes smoothly....
 
Insurance Fraud: Make It Personal, Cite Specifics, Don’t Lecture To Make Anti-Fraud Training More Effective
Tom Welsh, vice president of training for the National Insurance Crime Bureau, has a few ideas to help keep fraud training interesting....
 
Insurance Fraud: Separate Projects Address Fraud Data, Industry’s Approach to Fighting Crime
Change is coming to the way insurers collect and report fraud data – and change may be coming to the way the industry’s major groups work together to fight fraud....
 
Florida Report Says Use of Jobs, Education Can Adversely Affect Poor, Minority Consumers
The Florida Office of Insurance Regulation says the use of occupation and education to underwrite and rate auto insurance policies can unintentionally harm minorities and low-income individuals. Insurers disagree....
 
Three States Assess $1.47 Million in Fines Against 15 Carriers
Three states have fined 15 insurance companies $1.47 million for wrongfully canceling insurance policies, filing false worker’s compensation data and improperly denying health care claims....
 
Annuities, Life Settlements, Sales to Seniors Will Be Top Priorities for New BD Regulator
NASD and NYSE Regulation remain on track to complete their merger by this summer – and annuities, life settlements and sales to seniors will be top priorities....
 
Catastrophes: ‘Worst Is Yet to Come’ for Catastrophic Losses; Hartwig Sees First $100 Billion Loss Year
An industry expert is warning that storms during this year's hurricane season could pose a threat even to states not normally in storms’ paths....
 
Catastrophes: Prepare Now for ‘Very Active’ Hurricane Season
Two national hurricane experts are predicting this will be a “very active” hurricane season along the Atlantic coast and the Gulf of Mexico....
 
Catastrophes: Lott’s Senate Bill Requires Disclosures
Insurers would have to disclose policy coverage and exclusions, and the industry would be subject to oversight by the Federal Trade Commission, if a bill before Congress becomes law....
 
Sullivan In As New Connecticut Commissioner

The new Connecticut insurance commissioner has more than 20 years' experience in the insurance industry....

 
Arguments for Antitrust Exemption Go Unheard; Panel Says Insurance Can Work Fine Without It
A prominent bipartisan commission that has suggested that the industry's federal antitrust exemption might have outlived its usefulness....
 
Rules, Regs & Bulletins April 9, 2007
A summary of recent regulatory developments and legislation....