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October 6, 2008
 
Print Version of All Articles in Oct. 6 ICI
Print out this file for all of the text in the current issue....
 
Best Practice Tip: Enlist Marketing in Compliance Review of Agent Advertising
Include marketing in advertising development and reviews. Watch Internet content. Pay attention to what your producers are saying. Those are three keys to successful insurance advertising compliance, say two top industry consultants....
 
Annual Exclusive Compliance Salary Survey Opens
Are you better off today than you were a year ago? That's one of the questions we’re asking in this year’s Insurance Compliance Insight Compliance Salary Survey....
 
Banker’s Life Sanctioned for Improper Sales, Monitoring
Failure to properly train and monitor its agents will cost Banker’s Life and Casualty Company $312,000 in fines and restitution. The company will also implement a plan to train their appointed agents and monitor their sales practices....
 
AIG Will Sell Domestic Life Companies, Refocus on Property/Casualty Business
American International Group will focus on domestic property/casualty insurance and foreign general and life insurance under its reorganization plan discussed with investors last week. Its domestic life insurance subsidiaries could be among the assets sold off to repay its government loan – if the price is right....
 
Variable Annuities, Seniors Remain Top Priorities for Broker-Dealer Regulator
The Financial Industry Regulatory Authority is still working on Rule 2821 for variable annuities, but that’s because regulators there continue to close every loophole, according to a senior regulator....
 
Updated: Putting A Rumor to Rest
MetLife and Hartford have made it clear that Senate Majority Leader Harry Reid, D-Nev., wasn’t referring to them when he said last week that a major insurance company was about to go bankrupt....
 
Rules, Regs & Bulletins Oct. 6, 2008
A summary of recent regulatory developments and legislation....