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December 22, 2008
 
Happy Hanukkah, Merry Christmas, Happy Kwanzaa and Best Wishes for a Happy & Prosperous New Year
In keeping with our publication schedule, the next edition of Insurance Compliance Insight will be published Jan. 5, 2009....
 
Print Version of All Articles in Dec. 22 ICI
Print out this file for all of the text in the current issue....
 
Over NAIC, Industry Objections, SEC Votes to Regulate Indexed Annuities As Securities
The SEC voted 4-1 last week to regulate certain indexed annuities contracts as securities....
 
Court Dismisses Another Katrina Lawsuit Against P/C Insurers
A federal court judge has dismissed an antitrust lawsuit that charged Insurers with conspiring in their handling of Hurricane Katrina property claims resulting....
 
NAIC Seeks Comments for State Antifraud Plan Guidelines
The NAIC’s Antifraud Task Force is asking for public comment about a proposed antifraud plan guideline that states would use as a model for insurance company fraud reporting....
 
Midland National Life Settles Attorney General Suitability Charges in Minnesota; Continues to Deny Allegations

Midland National Life and an affiliate have reached a settlement with the Minnesota attorney general over claims of unsuitable sales to seniors....

 
West Virginia Tops Annual List of Judicial Hellholes
The annual Judicial Hellholes report released last week advises companies to stay out of courtrooms in the entire state of West Virginia, and also parts of Florida, Illinois, New Jersey, Alabama, California and Nevada....
 
Insurers, Public Warning to Pay-Per-Mile Auto Insurance; Survey Points to Technology As Stumbling Block
Insurers and consumers are interested in putting more pay-as-you-drive insurance on the road, but technology is keeping such policies garaged for now....
 
Rules, Regs & Bulletins Dec. 22
A summary of recent regulatory developments and legislation....