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June 30, 2008
 
Print Version of All Articles in June 30 ICI, Part 1
Print out this file for the text of selected articles in the current issue....
 
Print Version of All Articles in June 30 ICI, Part 2
Print out this file for the text of selected articles in the current issue....
 
Best Practice: How to Avoid More Common Market Conduct Exam Errors
A number of issues didn’t make a recent list of the most common errors found during market conduct exams. Here are some of them ... and what you can do to address them....
 
SEC Proposed Rule Would Redefine Indexed Annuities as Securities
The SEC has issued a proposed rule that would determine when indexed annuities are securities and subject to them to federal securities laws and oversight....
 
New Anti-Fraud Project Enlists Property/Casualty, Health Insurers
Three anti-fraud insurance groups and the Department of Justice have joined ranks to coordinate their efforts to defeat medical fraud....
 
Unum’s Appeal of Punitive Damages Award Backfires; Agrees to Settlement for Not Disclosing Fees to Broker ...
Unum Group got quite a surprise in the courtroom last week when a federal jury in Las Vegas returned a $60 million verdict – $50 million more than the jury's award in the original trial....
 
... As Two Auto Insurers Nailed for Improper Claims Payment Practices ...
Two automoble insurers have settled enforcement actions about the way they handled claims in two states....
 
... PacifiCare of California Ends Underwriting Dispute ...
PacifiCare of California has agreed to offer coverage to California consumers whose policies were previously cancelled due to underwriting and application issues....
 
... And Kaiser Permanente Agrees to Provide $155 Million in Financial Relief in Colorado
Kaiser Permanente Colorado must provide $155 million in financial relief to its customers as the result of an agreement it has signed with the Colorado insurance department....
 
Scruggs Gets Maximum Sentence in Bribery Case

A federal judge described the behavior of Richard “Dickie” Scruggs as "reprehensible" when he sentenced the Mississippi attorney to five years in prison for attempting to bribe a state judge....
 
Rules, Regs & Bulletins June 30, 2008

A summary of recent regulatory developments and legislation....
 


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