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April 22, 2013
Print Version of Articles in April 22 ICI
Print this file for text of articles in the current issue....
Best Practice Tip: Check Officer Signatures on Florida Filings
Florida is now verifying that the certifying company officer is also listed on the jurat page of the company’s latest annual statement....
Zurich Ordered to Refund $4.65 Million to Disability Policyholders
The insurance company miscalculated its minimum loss ratio for three years....
Michigan Governor Proposes No-Fault PIP Reform
The proposal would tighten reimbursements for medical costs, end the requirement that drivers buy insurance that provides unlimited lifetime benefits and create an automobile fraud prevention authority....
Major Insurers Have Closed Most Storm Sandy Claims
Companies have closed nearly 95 percent of their claims and compiled a claims complaint ratio of under 1 percent....
FINRA Has New Oversight Chief
An insider is its new executive vice president of regulatory operations....
Insurance Regulations, Bulletins & Legislation – April 22, 2013
Our roundup of recent regulatory developments and legislation....