Home Search Contact Subscribe Online Subscribers Login Check Out Our Free Content

Topical Index
Issue Archives
April 10, 2017
April 3, 2017
March 27, 2017
March 13, 2017
March 6, 2017
More Archived


SaveSaveSaveSaveSaveSaveSaveSaveSaveSaveSaveSaveSaveSaveSaveSave

Not Logged In

August 6, 2007
 
BREAKING NEWS: Wisconsin DOI Panel Will Examine Annuity Sales Practices

The Wisconsin Insurance Department has formed a committee to analyze annuity sales in the state....

 
Best Practice: AML Exam Tips, Part II
There is still very little feedback from the Internal Revenue Service about what it is finding in anti-money laundering exams of insurance companies – or even what examiners will look for if they show up to review your processes and procedures. But taking a wait-and-see attitude is not the best way to prepare, an industry expert says....
 
‘Few Problems With Long-Term Care Claims,’ Industry Statistics, White Paper Show
A new industry report is lending some credence to what many in the industry have been thinking all along – that, despite New York Times articles to the contrary, concern about long-term care insurance is being blown out of proportion....
 
Standards Group Looking for Best Practices in Straight-Through Annuity Processing
A leading industry standards group is beginning an examination of a proposed technology project that seeks to eliminate the paperwork associated with the sale of annuity products. At the same time, it is also looking for ways life insurers can comply with a suitability model regulation....
 
Insurers Seem Pleased With Committee’s Terrorism Legislation
The House Financial Services Committee has passed a federal terrorism backstop legislation that addresses some of the market realities facing small, mid-sized and carriers....
 
NAIC Encouraging Insurance Companies to Participate in Pandemic Readiness Test
The NAIC is encouraging insurers to participate in next month’s pandemic business continuity test that seeks to identify any systemic risk to the financial services sector and insurance markets....
 
Kaiser Fined $3 Million for Poor Procedures; Fireman’s Fund Loses $750,000 Appeal
Two insurers were on the wrong side of recent regulatory and judicial decisions. California fined Kaiser Foundation Health Plan $3 million and the Washington state Supreme Court upheld a $750,000 bad faith judgment against Fireman’s Fund....
 
Consumer Group Report Singles Out Allstate For Rates, ‘Anti-Consumer’ Practices
The Consumer Federation of America is singling out Allstate Insurance for what it calls “unjustifiably raising home and automobile insurance rates" relative to the amount paid out in claims....
 
Time Running Out on SIU Salary Survey

Only a few weeks remain for investigators and other anti-fraud professionals to complete the Insurance Compliance Insight SIU salary survey. Pass the word....

 
Oregon Seeks Ideas About Ideal Commissioner as it Searches for New Insurance Regulator
Now is your chance to tell Oregon what it takes to be a good insurance commissioner and who should be hired. The Oregon Insurance Division’s is asking the industry and other interested parties for “candid comments” about the needs of the position and about potential candidates for the insurance administrator’s job....
 
Three Conferences Put Compliance Issues Front and Center for Industry, Regulators
Tell your boss to loosen up the checkbook. There are some must-attend conferences you should go to in the next few months....
 
Senate Banking Panel OKs Catastrophe Bill

Congress would establish a bi-partisan commission to look at the various aspects of natural disasters and insurance, according to terms of legislation passed Aug. 1 by the Senate Banking Committee....

 
Delaware OKs Using Credit Scores for New Business
Delaware has a new credit score law that allows the use of credit data for new business....
 
Rules, Regs & Bulletins August 6, 2007

A summary of recent regulatory developments and legislation....