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July 15, 2013
 
Print Version of Articles in July 15 ICI
Print this file for text of articles in the current issue....
 
Franchini Chosen to Guide New Mexico Insurance Regulation
Here’s what you can expect from the superintendent and his independent Office of the Insurance Superintendent, as Franchini laid it out in an exclusive interview....
 
WellPoint Pays $1.7 Federal HIPAA Fine
The information of 612,402 individuals was apparently made accessible to unauthorized individuals following a software upgrade at the managed care company....
 
Zurich Companies Agree to Settle Workers’ Comp Disputes in California
They won’t have to pay a fine, but the companies will have to change their business practices to have California-based arbitration matters heard in The Golden State and settled under terms of its laws....
 
California Fines Homesite Insurance for Property Insurance Overcharges
The state said the insurer improperly used property inspection information when rating and underwriting policies, and misrepresented how that information would be used....
 
New York Auto Insurers Looking Good In Complaint Ratio Stats
About 40 percent of the companies selling auto policies had complaint ratios of zero, and another 42 had only one complaint upheld during the reporting period....
 
AIG Accepts SIFI Designation; Prudential Will Contest It
Prudential has requested an evidentiary hearing to try to convince FSOC that its designation is a mistake....
 
NCOIL Summer Meeting Addresses Unclaimed Property, TRIA, Prescription Drug Abuse
NCOIL wants to be clear that exempted life insurance plans are those that are part of a federal employee benefit plan or ERISA plan, preneed funeral contracts, and credit life or accidental death insurance....
 
Insurance Regulations, Bulletins & Legislation – July 15, 2013
Our exclusive roundup of recent regulatory developments and legislation....