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Insurance Regulations, Bulletins & Legislation – Oct. 24, 2016
Our exclusive roundup of recent regulatory developments and legislation....
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Print Version of Oct. 24 ICI
Print this file for text of articles in the current issue....
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Iowa Objects to ‘Misleading’ Medicare Supplement Solicitations
The lead generation cards mixed up Medicare and Medicare supplements, and contained several alleged factual errors....
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California Worker’ Comp Law Requires New Coverage for Some Company Officers, Directors
The law applies to existing in-force policies and has a Jan. 1, 2017 effective date, presenting some compliance challenges for companies....
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Report: Most Insurers Aren’t Addressing Climate Change Risks
Nearly two-thirds of the 148 insurers were given the two lowest ratings ratings – and health insurers, particularly, were cited as being largely unprepared to address the risks....
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I.I.I. Report: Auto Claims Frequency, Severity Are Both On the Rise
An improving economy, a drop in the price of gasoline and more people going to work have more people behind the wheel and increasing the likelihood of accidents....
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FINRA Seniors Rule Would Allow Telling Trusted Contacts About Financial Exploitation
Firms would add the name of and contact information of a trusted contact person on a customer’s account and could place a temporary hold on disbursing funds or securities....
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