A merger of two broker-dealer regulators — NASD and the New York Stock Exchange — into a single regulator for all BDs could make things better for insurer-affiliated broker-dealers....
Two public hearings at the National Association of Insurance Commissioners winter meeting this month, and a vote to change financial exams, should be of interest to compliance professionals....
Washington insurance commissioner Mike Kreidler has a piece of advice for title insurers: track — very closely — what you spend for incentives and inducements to generate business. His advice follows a 10-month investigation into insurers' violations of state law....
A senior official at the Securities and Exchange Commission has told insurers that the regulator is taking a close look at sales to seniors, sales practices and other aspects of variable and indexed annuities, and that it will share what it finds with state insurance departments....
Three industry trade groups are endorsing proposed changes to a model law that are designed to end the purchase of stranger-originated life insurance....
Maryland’s commercial auto carriers can use policy exclusions to limit their liability for company employees to the minimum limits of the state’s compulsory insurance law, the state’s Court of Appeals has ruled....
Massachusetts policyholders won’t be able to recoup the costs of suing their insurance companies, even when they win their suit for losses covered by their policy, according to a recent court ruling....
Insurers need patience to deal with the regulatory environment and compliance challenges of selling insurance in the People’s Republic of China, according to two industry executives who recently returned from a meeting with Chinese insurance regulators....
The American Council of Life Insurers is expressing displeasure with developments in Korea. It says the country doesn’t follow international regulatory best practices....
The Property Casualty Insurers Association of America is asking the U.S. Supreme Court to overturn two lower court decisions dealing with credit scores....
Insurance Compliance Insight
Greenwich, NY
(518) 512-0175
