Release of First AML Exam Reports Should Provide Insight, Best Practices for Insurers It shouldn’t be long before the Internal Revenue Service begins lifting the veil on the first insurance company anti-money laundering examinations – and experts are predicting the reports will usher in a renewed interest in, and application of, AML procedures....
NAMIC Warns FTC, Connecticut on Access to Credit Scores A property/casualty trade group has warned the Federal Trade Commission against imposing credit freezes without providing sufficient exemptions. It has also told the Connecticut legislature that state residents can expect to pay potentially higher insurance rates if the state adopts a ban on the use of credit-based insurance scoring for auto insurance....
Latest ACLI Study Says OFC Will Help, Not Hurt, States A new study by the American Council of Life Insurers is claiming that an optional federal charter for insurance companies would have little or no impact on state economies....
