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March 10, 2008
Print Version of All Articles in March 10 ICI
Print out this file for all of the text in the current issue....
Suitability Is Focus of IMSA Summit This Week
Suitability will be the focus of the day when life insurers and regulators meet this week at an industry summit in Washington, D.C. The meeting is expected to draw regulators from a dozen states, the NAIC and the Financial Industry Regulatory Authority....
Best Practice: Review Procedures for Attorney-to-Attorney Claims Communications
Companies that use attorneys to deal with a worker’s lawyer over a workers’ compensation claim are being told they won’t be able to use that as an excuse for delays in handling claims or late payments....
Use Salary Survey To Tell How You’re Handling the Economy
Give your fellow compliance professionals the benefit of your insight by participating in the third annual Insurance Compliance Insight Salary Survey, the premier compensation survey produced exclusively for compliance professionals....
FINRA Punishes 16 State Farm Brokers for Faking Results of CE Tests
The Financial Industry Regulatory Authority has fined and suspended 16 current and former registered representatives of State Farm VP Management Corp. for faking the results of mandatory continuing education tests....
Alabama Tells Insurers to Reoffer Homeowner Coverage to Some Nonrenewed Customers
Insurers who nonrenewed some of their Alabama customers last year are being told to reoffer the coverage....
New Report Quantifies Cost of Traffic Accidents
A new study published by the American Automobile Association puts a price tag on the cost of traffic accidents and traffic congenstion. It also suggests some remedies to fix the problems, but billing insurance companies for the cost of responding to accidents isn't one of them....
FTC Goes After Connecticut Chiropractors for Illegal Boycott
The Federal Trade Commission is beating back an attempt by  Connecticut chiropractors to refuse to deal with a cost-saving health plan....
Long Won’t Seek Re-Election in North Carolina
Another long-serving insurance commissioner is calling it quits. North Carolina’s Jim Long told his state’s Board of Elections that he won’t run for re-election....
Make Room On Your Calendar for These Industry Meetings
A number of industry groups are having conferences in the next few months....
Rules, Regs & Bulletins March 10, 2008

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