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June 13, 2011
Print Version of Articles in June 13 ICI
Print out this file for text of articles in the current issue....
Industry Seeks to Keep Insurance Separate from Banks in International Systemic Risk Discussions
The message: Insurers should be separately considered from banks only after banking regulatory and systemic risk issues have been resolved....
Two Fraud Investigators Murdered in Louisiana
Insurance commissioner calls June 7 “the darkest day in the history of the Department of Insurance...."
Insurance, Business Groups Push Congress to Act on Flood Insurance Reform
The urging came last week as a senator and the administrator of the Federal Emergency Management Agency raised the possibility of privatizing the program....
Actuaries Seek Seat on Treasury’s Insurance Advisory Committee
The American Academy of Actuaries cademy said their members would be a natural for membership....
Compliance Deadlines Approach for Broker-Dealer Rules Governing Suitability, Outside Business, ‘Know Your Customer’
One rule goes into effect in December, while the effective date of the other has slipped until next summer....
Messmore is Illinois Acting Director; California Appoints New Deputy Commissioner
Jack Messmore, who most recently served as the department’s chief deputy director, took over June 3 when former director Michael McRaith left to become the new director at the Federal Insurance Office....
Insurance Regulations, Bulletins & Legislation – June 13, 2011
Our summary of recent regulatory developments and legislation....