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May 12, 2008
Print Verion of All Articles in May 12 ICI

Print out this file for all of the text in the current issue....

Exam Finds Conseco Deficient in Claims, Complaint Handling; Company Says It Seeks Best-In-Class Service
Conseco has settled a multistate market conduct exam involving 40 jurisdictions that accused the company of having “a pattern of consumer harm” in its long-term care insurance business. It will cost the company about $30 million in fines and compliance costs....
Unum’s Compliance With 2003 Exam Settlement Avoids Millions in Penalties
A follow-up examination of Unum Group has found the company is complying with the requirements of a 2003 market conduct exam agreement....
Federal Agency Proposes New Sales, Marketing Rules for Medicare Supplement Plans
New sales and marketing rules are coming for Medicare Advantage plans and Medicare Part D prescription drug plans....
Florida Accuses Two Insurers of Improper Military Sales
Florida is accusing two insurers of using dishonest and predatory insurance sales practices in life and annuity sales to military members....
Senate Kills Plan to Add Wind Coverage to Flood Insurance
It doesn't appear there will be any wind coverage in the federal flood insurance program. The Senate voted last week to exclude it....
SEC to Begin Returning $800 Million to AIG Investors
The SEC is starting a process that will return more than $800 million to American International Group shareholders and investors....
Rules, Regs & Bulletins May 12, 2008

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


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