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October 12, 2009
 
Print Version of All Articles in Oct. 12 ICI, Part 1
Print out this file for text of selected articles in the current issue....
 
Print Version of All Articles in Oct. 12 ICI, Part 2
Print out this file for text of selected articles in the current issue....
 
Courts, Congress, Industry, GAO Address Flood Insurance
With all the talk about flood insurance, one could be forgiven lately for fixating on the precious liquid as the Ancient Mariner once did....
 
ICI Launches Annual Compliance Salary Survey
Tell us about the impact the economy is having on you in our annual Insurance Compliance Insight Salary Survey....
 
Life Insurer Pays California $600,000 to Settle Disability Claims Dispute ...
The Life Insurance Company of North America has settled charges that its claims handling practices didn’t meet California standards....
 
... As Minnesota Sues Two Companies for Alleged Misrepresentations ...
The Minnesota attorney general is going after two companies for allegedly selling non-insurance products disguised as legitimate health and long-term care coverage....
 
... Solvency Regulators Seize Golden State Mutual Life, American Keystone ...
In two regulatory actions related to solvency, California has taken over Golden State Mutual Life and Florida now controls American Keystone Insurance....
 
... and Coventry First Pays $12 Million for Underpaying for Life Settlements
Life settlement company Coventry First has agreed to pay $12 million to settle civil charges by the New York attorney general that it didn’t pay fair market value for life insurance policies....
 
Canadian Regulator Orders Banks to Stop Internet Insurance Sales
Announcement catches banks by surprise, but pleases insurance brokers....
 
Rules, Regs & Bulletins Oct. 12, 2009
A summary of recent regulatory developments and legislation....