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June 25, 2018
Print Version of June 25 ICI
Print this file for text of articles in the current issue....
Massachusetts Securities Regulator Charges MetLife with Fraud; Insurer Faces Class Action Lawsuit
The commonwealth says the insurer hasn’t been paying retirees the benefits due to them and that it also made materially misleading statements in public regulatory filings....
Unambiguous Nature of Policy Term Means Estate Can’t Collect on Uninsured Motorist Claim
The court criticized the insurer's “unartful policy drafting” in its ruling....
New York Guidance Addresses Underwriting, Short-Term Health Plans
Short-term, limited-duration health plans won't be allowed because they don't meet state requirements....
PCI, AIA in Merger Talks
All of this is in the earliest of preliminary stages and there was no mention of when, if ever, a merger might take place....
Insurance Regulations, Bulletins & Legislation – June 25, 2018
Our exclusive roundup of recent regulatory developments and legislation....