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July 26, 2010
 
Print Version of All Articles in July 26 ICI
Print out this file for text of articles in the current issue....
 
Best Practice Tip: Use NAFA’s Checklist of Prohibited Advertising Words, Statements
But a list of 19 words and phrases not say in insurance advertising could be helpful to compliance professionals and their creative counterparts who write insurance advertising....
 
SEC Proposal to End Mutual Fund Fees Would Impact Variable Annuity Separate Accounts
The SEC thinks mutual fund 12b-1 fees have gotten out of hand, and is proposing new rules to limit them and provide greater disclosure for investors....
 
House Declines to Vote on Bill Adding Wind to Flood Insurance
A bill that would have offered optional wind coverage in flood insurance policies has been withdrawn....
 
SEC Seeks to Regulate Life Settlements as Securities; GAO Report Calls for More Consistent Oversight
A new SEC staff report concludes that there is “inconsistent regulation of participants in the life settlements market,” and the GAO is suggesting Congress take a look....
 
Former Connecticut Commissioner Susan Cogswell Dies
She was the first woman to serve as Connecticut insurance commissioner....
 
Help Wanted July 26, 2010
Transamerica Capital Markets, a division of Aegon’s Transamerica Life Insurance Company, wants to hire a director of insurance compliance in Cedar Rapids, Iowa....
 
Insurance Regulations, Bulletins & Legislation July 26, 2010
A summary of recent regulatory developments and legislation....