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Aug. 2, 2010
 
Print Version of All Articles in Aug. 2 ICI, Part 1
Print out this file for text of selected articles in the current issue....
 
Print Version of All Articles in Aug. 2 ICI, Part 2
Print out this file for text of selected articles in the current issue....
 
Life Insurers on Hot Seat Over Retained Asset Accounts
The situation has got the attention of regulators, lawmakers, the Obama administration and New York attorney general Andrew Cuomo, who issued subpoenas last week.....
 
Agency, Three Producers Lose Licenses for Improper Military Sales
They allegedly sold life insurance as a “savings plan” without telling the servicemembers what they were actually buying....
 
Two Carriers Settle Wisconsin Charges of Unsuitable Annuity Sales
The stipulation and order agreements provide excellent guidelines companies can use to gauge the effectiveness of their own compliance functions....
 
Washington State Issues $30,000 in Fines
A dozen agents and brokers also lost their licenses....
 
Hawai'i, New Mexico Select New Commissioners
Two men with long exposure to the insurance industry – one as a regulator, the other in industry – are now heading state insurance divisions....
 
Help Wanted Aug. 2, 2010
The NAIC and AEGON are looking for help....
 
Insurance Regulations, Bulletins & Legislation Aug. 2, 2010
A summary of recent regulatory developments and legislation....