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September 29, 2008
 
Print Version of All Articles in Sept. 29 ICI
Print out this file for all of the text in the current issue....
 
Best Practice Tip: Leverage Fraud, AML Resources
If you want to make the most of your anti-money laundering efforts, consider getting your SIU involved....
 
AIG Will Announce Assets to be Sold, Seeks to Retain Insurance Executives
American International Group is moving ahead with plans to fix its financial situation without seeking shareholder approval as insurance commissioners and others scrambled last week to reassure the market that its insurance subsidiaries were sound....
 
Industry Caught Off-Guard by NAIC’s Surprise Vote on Market Conduct Annual Statement
The industry is still upset with the NAIC after commissioners voted last week to move ahead with the Market Conduct Annual Statement project and have the organization, at some point, collect and store the data....
 
NAIC Proposes 2009 Operating Budget of $70.5 Million
The NAIC is planning to increase its budget for 2009 by 6 percent – $4 million – over current levels, raising concerns among some in the industry about expanding its programs during the current economic climate....
 
Bill Extends Flood Insurance Program Five Months; Trade Groups Vow to Renew Reform Efforts

Staring a Sept. 30 deadline in the eye, Congress is moving toward extending the National Flood Insurance Program until April 30....

 
New NAIC Program Simplifies Producer License Applications

The NAIC has launched a new licensing tool that electronically stores documents that applicants have submitted and promises to smooth the producer licensing process....

 
Rules, Regs & Bulletins Sept. 29, 2008
A summary of recent regulatory developments and legislation....