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PRINT VERSION - September 12, 2022
Print this file for text of articles in the current issue....
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Third-Party Service Provide Cyber-Risk Questionnaire Developed by Commercial Insurance Associations
The associations state they want to help alleviate some significant administrative burdens on agents and brokers when responding to the numerous carrier-developed questionnaires.
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New AML/OFAC Rules Seem Likely to Come to Address Beneficial Ownership More Directly
There is no mandate to look beyond who signs an application or contract to see who else may have a beneficial interest in the entity, but that issue is getting increased attention.
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California Department of Insurance Finalizes Draft “Mitigation in Rating Plans and Wildfire Risk Models” Regulation amid Criticism that it Doesn’t Go Far Enough
In a press release, Pam Pressley, senior staff attorney for Consumer Watchdog, states that the organization supports mandated premium discounts, but that is not enough.
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Insurance Regulations, Bulletins and Legislation - September 12, 2022
Our exclusive roundup of recent regulatory developments, legislation and other news of interest....
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Recent Market Conduct Examinations, Sanctions, Disciplinary Actions, and Enforcement – September 12, 2022
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Recently Released Testimony and Reports - September 12, 2022
Climate risk and resiliency were identified as top priorities for the NAIC.
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Industry Groups and Meetings - September 12, 2022
(in chronological order based on the date of the event)
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NOTICE TO READERS – September 12, 2022
The next edition of Insurance Compliance Insight will be published on September 26, 2022.
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