Universal Nonresident Producer Licensing Advances On Two Fronts It may soon be easier for producers to sell insurance policies outside their home states, thanks to two significant developments last week: countersignatures officially became a thing of the past and universal nonresident licensing took a step forward in Congress....
Group Says Consumer Protection Laws Should Apply to Insurers A California consumer’s group has filed an amicus brief with the state supreme court asking that insurance companies be subject to one of the state’s strictest consumer protection laws....
More Consumers Are Buying Direct, Auto Insurance Study Shows Auto insurers might want to review their compliance procedures to make sure they reflect how consumers are buying their products. According to a new study, the percentage of buyers shopping and closing via direct channels—which includes insurer Web sites and call centers—has increased in the last year....
