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December 1, 2008
Print Version of All Articles in Dec. 1 ICI
Print out this file for all of the text in the current issue....
Regulation Roundup: SOX-Like Approach Needed to Protect Insurers From Themselves ...
The economy continued to spur discussion last week about the best way to regulate the business of insurance, with one former insurance executive calling for transparency of insurers' risk....
... As Lawmaker Files ‘Prior Approval’ Bill in Texas ...
Brace yourselves. Texas could consider a return to its old “prior approval” system of regulation during the 2009 legislative session, if one lawmaker has her way....
... And Federal Oversight Gets Another Push
Proponents of federal charters and oversight of insurance are optimistic there will be a change in the system of state regulation in 2009....
Personal Auto Claims Fraud Is On Upward Trend, Accounts for $6.8 Billion
Claim fraud and buildup added as much as $6.8 billion in excess payments of automobile injury insurance claims during 2007. Adding to the total were more than 20,000 claims that insurers identified as fraudulent, yet paid anyway....
Hold These Dates: Compliance Meetings & Conferences to Put on Your Calendar
These organizations are among those that have announced 2009 industry meetings that should be of interest to insurance compliance professionals....
Latest Salary Advice: Plan to Stick Around, Rather Than Change Jobs
Employment satisfaction is down, but middle managers are finding that it might pay off to stay where they are for now....
Rules, Regs & Bulletins Dec. 1, 2008
A summary of recent regulatory developments and legislation....
Insurance Compliance Insight
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