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January 29, 2018
 
Print Version of Jan. 29 ICI
Print this file for text of articles in the current issue....
 
California Says Carriers Should Pay For Santa Barbara Mudslide Damage
Homeowner policy exclusions won’t be enforceable if a wildfire or other covered peril was the efficient proximate cause of the mudslides....
 
Insurers Give Cold Shoulder to California’s Call to Share Tax Savings
Industry trade groups said the idea is short-sighted, as well as being misguided and excessively simplistic....
 
States Doing Effective Job of Encouraging Competition, Report Says
The report also ranks states based on how well they line up in seven broad categories; Vermont earned the highest grade while Delaware trailed the pack....
 
MetLife Off the Hook on SIFI Designation
Prudential Financial is the only non-bank SIFI still subject to enhanced oversight by the Federal Reserve....
 
Independent Agents Seek Carriers with Broader Risk Appetites, More Cross-Selling Opportunities
J.D. Power and The Big I say they represent a significant growth engine for insurers that get the independent agent satisfaction formula right....
 
UPDATE: Aetna Paying $1.5 Million in HIV Privacy Settlement
The agreement comes just after Aetna paid more than $17 million to settle a federal class-action lawsuit....
 
Insurance Regulations, Bulletins & Legislation – Jan. 29, 2018
Our exclusive roundup of recent regulatory developments and legislation....