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March 17, 2008
 
Print Version of All Articles in March 17 ICI
Print out this file for all of the text in the current issue....
 
Committee Wants Florida Lawmakers to Address Non-Renewals, Loss Models, Other Property Insurance Issues
The Florida Senate’s Select Committee on Property Insurance Accountability hasn’t ended its work, but has made a number of recommendations that it wants the legislature to consider during the current session....
 
IMSA Begins Complying Annuity Suitability Best Practices
At the request of regulators, the Insurance Marketplace Standards Association has begun a new project to compile a list of best practices and red flags that life insurers are using to monitor the suitability of their annuity sales....
 
Number of Insurance Jobs Declined Last Month ... How’s Yours?
The Bureau of Labor Statistics said insurance jobs were down 2.3 percent in February, compared to the previous month. Where do you come down in the equation? Safe ... or scared? Tell us in the ICI Salary Survey.
 
Best Practice: Consider Passing FINRA’s Reverse Mortgage Advice On To Your Producers
The Financial Industry Regulatory Authority is warning consumers about the risky nature of using a reverse mortgage to fund annuities and other investments. It’s guidance you might consider passing on as a reminder to your sales force....
 
What A Week: Spitzer Resigns, Then ‘Dickie’ Scruggs, Partner Admit They Tried to Bribe Judge
Two of the industry's fiercest foes won't be battling insurers any more....
 
Court Sides With Michigan in Denying Use of Discretionary Clauses
Insurers have lost their argument – and their right to use discretionary clauses in insurance policies – in Michigan....
 
Georgia May be On its Way to a File-and-Use System for Auto Insurance
Georgia may soon have a file-and-use system for auto insurance rates....
 
Opponent of Federal Charters Signs On for Federal Producer Licensing; ACLI Renews Pitch for OFC
Two insurance trade groups are duking it out over a federal approach to producer licensing....
 
Maine Fills Commissioner’s Post; DOI Employee Files in Delaware
Being an insurance commissioner is drawing interest in Maine and Delaware....
 
Help Wanted
ISO is looking for a compliance and filings analyst....
 
Rules, Regs & Bulletins March 17, 2008

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