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May 9, 2011
Print Version of Articles in May 9 ICI
Print out this file for text of articles in the current issue....
Court Says Retained Asset Account Lawsuit Can Proceed as Class Action
Lucey et al v. Prudential has been combined with three similar lawsuits to deal with how Prudential Insurance pays benefits for three insurance programs run through the Department of Veterans Affairs....
Florida Property Reform Legislation Sitting on Governor’s Desk
The legislation addresses sinkholes, puts new limits on public adjusters, caps adjuster fees and requires that claims payments be used to repair the property....
Treasury Is Forming Insurance Committee to Advise FIO
Applications are being sought from the industry, regulators and others....
HCC Insurance Holdings Pays OFAC Fine for Iranian Transaction
The terms of the insurance policy, placed by an insurance broker outside the United States, apparently disclosed that some of the insured aircraft covered by the policy would be operated in Iran....
Oregon Seeks Opinions About Regulator Qualifications
Here’s your chance to help determine who might be selected as the top business regulator in Oregon....
Insurance Regulations, Bulletins & Legislation – May 9, 2011
Our summary of recent regulatory developments and legislation....