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April 23, 2012
Print Version of Articles in April 23 ICI
Print out this file for text of articles in the current issue....
Best Practice Tip: Apply Requirements in the MetLife Settlement
Life insurers will be expected to check their records against the Death Master File more often than they have previously, and make other changes to their business practices....
Cost of MetLife Death Master File Settlement Could Top $700 Million
“There is simply no reason why insurance companies shouldn’t be scrubbing their policy lists with the death index database on a frequent basis," warns one insurance commissioner....
Health Carrier Agrees to Pay Refunds Resulting from Billing Error
The situation came to light through consumer complaints, but the insurance commissioner wished the company had come to him first....
Insurance Regulations, Bulletins & Legislation – April 23, 2012
Our roundup of recent regulatory developments and legislation....