Best Practice: Sales of Medicare Plans State and federal regulators are suggesting that insurers adopt these best practices to help them monitor the sale of private Medicare Advantage plans...
A leading consulting firm has released a report saying that life insurance companies still have a lot of work to do to fully comply with anti-money laundering requirements....
UPDATED: What to Expect from the IRS and Its AML Exams When the Internal Revenue Service begins examining insurance companies for anti-money laundering compliance, will examine insurers of all sizes and has indicated it will take a risk-based approach to assessing compliance. But little else is known about how it will conduct those exams or what it will look for....
Insurance AML Threat Remains Unchanged The federal government has issued its 2007 National Money Laundering Strategy and hasn’t changed its assessment of the threat to insurance companies....
Statistics from a recent report about how well life insurers have implemented anti-money laundering programs....
NAIC, NCOIL, Trades Tangle Over Lack of Open Meetings The National Association of Insurance Commissioners is defending its open meetings policy against detractors who insist it holds closed-door meetings far too often....
Florida Bans State-Only P/C Companies The Florida legislature has given Gov. Charlie Crist what he wanted and insurers didn’t – a bill that will prohibit insurance companies from setting up Florida-only property/casualty subsidiaries....
