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Notice to Readers – March 3, 2014
In keeping with our publication schedule, the next issue of Insurance Compliance Insight will be published March 10, 2014.
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Print Version of Articles in Feb. 24 ICI
Print this file for text of articles in the current issue....
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Best Practice Tip: Seven Steps to Establish or Improve a Cybersecurity Program
Insurers can use the voluntary standards and best practices to prevent cyber attacks....
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New Standards, Exams, Programs Address Growing Cyber Threat
The big guidance is in the Framework for Improving Critical Infrastructure Cybersecurity 1.0, released last week by the federal government....
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Georgia’s Decision About Updating Buyer’s Guides Isn’t Industry-Friendly
Insurers will have to update by March 1, and again later when state adopts more changes....
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SEC Exam Priorities Include Suitability of Variable Annuity Buybacks, Defrauding Seniors, Corporate Governance
Unexamined producers and improper marketing are also in the cross-hairs....
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FinCEN Concerned About Third-Party Money Launderers, Promises to Expand Information Sharing
Director also emphasized the need for strong customer due diligence....
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Federal Guidance for Marijuana Businesses Not Likely to Have Impact on Insurance
Marijuana doesn’t appear to be much of an issue for insurance commissioners in Colorado or Washington – the two states where recreational use of marijuana is legal....
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Insurance Regulations, Bulletins & Legislation – Feb. 24, 2014
Our exclusive roundup of recent regulatory developments and legislation....
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