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October 30, 2017
 
Print Version of Oct. 30 ICI
Print this file for text of articles in the current issue....
 
Treasury Report Reaffirms State-Based Regulation, Suggests Reforms
The reforms include a refocused role for FIO, a delay for the Fiduciary Rule and a reconsideration of the intent to apply the disparate impact rule to insurance....
 
Commissioner, Industry Executives Promote State Regulation, Pushes for Refocused FIO During Congressional Hearing
The congressional hearing centered on the appropriate role for the federal government in insurance issues....
 
Pennsylvania Clarifies Insurer Bad Faith Standard
Malice doesn’t have to be shown for a court to find an insurer has acted in bad faith....
 
Ambiguous Exclusion Leaves Insurer On the Hook for Claim
The policy wasn’t absolutely clear in the definition of “named insured” until a court stepped in....
 
Report: Regulatory and Risk Management Concerns Tick Upward
If you’re anxious about regulatory risks and threats to your company, you’re not alone....
 
The SEC is the Latest to Penalize Zenefits
The company and its founder have agreed to pay nearly $1 million to settle allegations they lied to investors about their business model....
 
Insurance Regulations, Bulletins & Legislation – Oct. 30, 2017
Our exclusive roundup of recent regulatory developments and legislation....