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May 3, 2010
 
Print Version of All Articles in May 3 ICI, Part 1
Print out this file for text of selected articles in the current issue....
 
Print Version of All Articles in May 3 ICI, Part 2
Print out this file for text of selected articles in the current issue....
 
Best Practice Tip: Keep Compliance Separate From Finance
Compliance has always served as one of the checks and balances that keeps a business honest. So keep it that way....
 
Math Errors Doom Anthem Blue Cross' California Rate Filing
Numerous errors in its methology forced a health insurer to withdraw a 39-percent health insurance rate hike filing last week....
 
Insurers Liable for Actions of Agents, Washington Court Affirms
A Washington state court has affirmed that an insurance company is liable for the actions of its appointed agents....
 
Managed Health Fined $1 Million for Agent Licensing, Claims Violations
New York authorities have fined Managed Health Inc for errors in its Medicare Advantage program....
 
GAO Eyes SAR Revisions, Sharing AML Info with Law Enforcement
Apparently, FinCEN should be doing a better job of listening to people that use its products....
 
GAO: Government Assistance Is Keeping AIG Financially Stable
Government auditors said AIG’s insurance operations are showing signs of recovery....
 
Insurers Can Learn from GAO Report Slamming Agency’s Lax Information Security
Controls at a federal agency were lax, and weren't followed most of the time anyway....
 
States Cite Fiscal Concerns in Opting Out of Federal High-Risk Health Insurance Pool
The choice of whether to participate in the health care reform initiative is highly political....
 
SEC Keeping its Eye on Variable Annuities
Official says SEC examiners are looking for evidence of suitability, training, monitoring of suitability at the point of sale and good compliance practices....
 
Rules, Regs & Bulletins May 3, 2010
A summary of recent regulatory developments and legislation....