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February 17, 2020
Print Version of Feb. 17, 2020 ICI
Print this file for text of articles in the current issue....
NAIC Adopts Revised Annuity Suitability Model Regulation
The new model has a best interest standard, but it stops short of imposing a fiduciary responsibility....
Washington Fines Insurers $145,000
Authorities said companies used the wrong rates, didn’t use their correct legal name and acted as an insurer without having a license....
Unclaimed Property Expected to Continue to Challenge Companies
A law firm is warning that unclaimed property audits and compliance issues will continue to be a challenge this year....
Insurance Regulations, Bulletins & Legislation – Feb. 17, 2020
Our exclusive roundup of recent regulatory developments, legislation and other news of interest....
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