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August 6, 2012
Print Version of Articles in Aug. 6 ICI
Print out this file for text of articles in the current issue....
Best Practice Tip: Don’t Commit These Claims Handling Errors
Maryland regulators want insurers to end unreasonable delays in settling claims and make other adjustments....
Bankers Life & Casualty Pays $677,000 in Fines, Restitution to Vermont
The carrier, written up for making unsuitable sales, agreed to implement a new compliance plan....
Florida PIP No-Fault Reform May Not Produce In-Pocket Savings
The Office of Insurance Regulation is emphasizing the preliminary nature of the report and the likelihood that it could change significantly when the final version is released later this year....
Texas Personal Auto Complaints Hit All-Time Low
Put in perspective, the 2011 figure represents only one complaint for every 10,000 auto insurance policies in Texas....
Insurance Regulations, Bulletins & Legislation – Aug. 6, 2012
Our roundup of recent regulatory developments and legislation....