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November 6, 2006
 
Rules, Regs & Bulletins Nov. 6, 2006

Insurance Compliance Insight's weekly compendium of new and noteworthy rules, regulations & Bulletins...
 
Focus on Management, Caring, Communication to Create Favorable Public Opinion, Goodwill

If you’re looking for a way to improve the impression the public has about your company, work on social responsibility, company management and rapport...
 
Auto Insurance Policy Paper Urges States to Consider Reforms for Tort, No-Fault Systems

A recent public policy paper is suggesting that there is a place for both no-fault and adversarial auto insurance systems, and that states should consider reforms that would improve both systems...
 
Compliance Profile: New AICP President Sees Education, Mentoring at Top of List of Priorities for Year Ahead

ICI Interview with Kathryn Gurnett, Policy Approval and Compliance Coordinator of Physicians Mutual Insurance Company and President, Association of Insurance Compliance Professionals...
 
Zurich American Settles with Ohio, but Agents Object to National Agreement

Zurich American Insurance Company has settled a dispute with the Ohio Insurance Department, taking another step to settle a long-simmering broker compensation case, but...
 
Federal Regulator Assesses $2.25 Million Fine for Market Timing in Variable Annuities

It might be time to review the policies and procedures you have in place to detect market timing in variable annuities. NASD, the regulator for broker-dealers, recently levied its largest fine ever...
 
IMSA Addresses Annuities with New Standards

The Insurance Marketplace Standards Association has issued new standards that its member must abide by when selling annuity products and long-term care insurance...
 
Erie Insurance Group Facing Federal Charges of Racial Discrimination in Homeowner Sales

It could turn out to be a very expensive $1 fee.
Expensive, that is, if Erie Insurance Group loses an upcoming hearing before an administrative law judge about allegations...
 
Medical Malpractice Study Ties Best Practices to Frequency, Severity of Hospital Claims

How much does adhering to recognized best practices impact the frequency and severity of medical malpractice claims?  The jury is still out, but a new study...