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November 13, 2006
 
Latest Poll Calls Insurance Companies ‘Undisputed Champion of Legal Disputes’

It should come as little surprise that legal workloads are getting heavier at insurance companies. But go beyond lawsuits if you’re looking for the cause of it all. Increasingly, internal investigations and...
 
Rules, Regs & Bulletins Nov. 13, 2006

Insurance Compliance Insight's weekly compendium of new and noteworthy rules, regulations & Bulletins...
 
NCOIL Agenda Includes Discussions of Market Conduct, Catastrophes, Licensing

State lawmakers are considering several proposals of interest to the compliance community during the annual meeting of the National Conference of Insurance Legislators. On the agenda for...
 
Regulators Sanction Three Insurers, Affiliate for Coverages, Privacy Breaches, Suitability

In an unusual flurry of activity, insurance companies and their affiliates have wrapped up a number of actions involving regulators and a state attorney general. The settlements involved disputes centering...
 
IMSA’s New Approach Seeks to Give Assessments the Look, Feel of Market Conduct Exams

The Insurance Marketplace Standards Association has begun a series of training sessions to educate companies about its new standards for annuities and long-term care insurance...
 
Oregon Rejects Credit Score Referendum; New Commissioners Poised to Take Office

There are plenty of changes ahead for the insurance industry following last week’s elections.
New governors in key states will appoint new insurance commissioners, in some cases with vastly...

 
‘Populist Congress’ Will Bring New Ideas to Optional Federal Charters, TRIA Extension

Democratic control of both houses of Congress will mean new committee chairs — Rep. Barney Frank, D-Mass., at the House Financial Services Committee and Sen. Chris Dodd, D-Conn., at the Senate Banking...
 
Having Trouble with Electronic Documents? Try These Suggestions

Insurance companies continue to struggle with keeping records of e-mail, instant messages and other electronic communications. That’s the assessment two industry experts made at the LOMA-LIMRA...
 
NAIC’s Annuity Suitability Model Regulation Raises Unanswered Questions for Insurers

The Suitability in Annuity Transactions Model Regulation developed by the National Association of Insurance Commissioners is expected one day to be the law of the land, but a former insurance...