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Print Version of Articles in Feb. 29 ICI
Print this file for text of articles in the current issue....
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Best Practice Tip: Use FINRA Checklist to Evaluate Business Practices’ Impact on Company Culture
The regulator announced a review of how firms establish, communicate and implement cultural values, and whether those cultural values are guiding business conduct....
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Industry Tells Congress to Defend American System in International Insurance Discussions
Congressman says his legislation will tell foreign regulators bodies that "the United States will lead and not be led...."
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$4 Million Restitution, Fine for Force-Placed Insurance Kickbacks in Massachusetts
The attorney general said that mortgage lender HSBC received compensation that was tied to the force-placed insurance premiums and those extra costs were then passed on to borrowers....
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Washington Fines Three Insurers $180,000 for Denied Coverage, Wrong Rates, Wrong Rate Notices
The state also also fined producers $6,250 for offenses that included cheating on a licensing exam and abusive sales practices....
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Vermont Fines Banker’s Life, Phenix Mutual
The penalties were for improper replacement procedures, cancellation notices....
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Insurance Regulations, Bulletins & Legislation – Feb. 29, 2016
Our exclusive roundup of recent regulatory developments and legislation....
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