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July 14, 2008
Print Version of All Articles in July 14 ICI

Print out this file for all of the text in the current issue....

SEC Weekend Announcement Warns Against Market Manipulation
The SEC and other securities regulators will immediately take steps to prevent the spread of false information intended to manipulate securities prices....
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....
Data Breaches Up Dramatically This Year
The number of reported cases of data breaches has increased by nearly 70 percent, compared to a year ago....
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....
Rules, Regs & Bulletins July 14, 2008
A summary of recent regulatory developments and legislation....