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December 8, 2008
 
Print Version of All Articles in Dec. 8 ICI
Print out this file for all of the text in the current issue....
 
Wisconsin Proposal Seeks to Revamp Regulation of Annuity Suitability; Regulators, Insurers Have ‘Major Concerns’
If insurers and their trade groups have their way, a Wisconsin proposal that would overhaul the regulation of annuity suitability will be going back to the drafting table....
 
NAIC Acts on Budget, New Officers, Changes in Reinsurance Regulation ...
The NAIC took care of several administrative matters during its winter meeting in Texas....
 
... As Industry Seeks Assurances with MCAS Data
Insurers have asked insurance commissioners to promise they will safeguard company data submitted with the Market Conduct Annual Statement, and a prominent NAIC committee chair said it’s theirs for the asking....
 
Legal Opinions Address Nonrenewals, Same-Sex Spouse Health Coverage, Life Settlements
Recent legal opinions issued in New York affirm that you can’t retroactively nonrenew a commercial liability policy or deny insurance to legally married, same-sex couples. But, at least for now, you can still sell a life insurance policy when the insured isn’t chronically or terminally ill....
 
Look to Our Salary Survey for Tips to Help You Keep Your Job
November’s employment news wasn’t very good – the nation’s employers cut jobs at the highest rate in the last 35 years. But ICI's salary survey report will help you deal with it....
 
Rules, Regs & Bulletins Dec. 8, 2008
A summary of recent regulatory developments and legislation....