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Print Version of April 16 ICI
Print this file for text of articles in the current issue....
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Best Practice Tip: The SEC’s Take On Advertising Compliance
The guidance was issued last fall and reflected issues identified in more than 1,000 examinations....
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Company Paying $5 Million in Short-Term Health Settlement
There were few specifics in the settlement agreement, but an insurance commissioner hinted at the need to be honest about coverages and limits, and selling products that may not adequately explain those limitations at the time of sale....
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FINRA, SEC Issue $1.25 Million in Fines for AML Shortcomings
Two former AML compliance officers and the CEO are also being personally sanctioned....
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Florida Insurer Adjusts Policy Terms to Stem AOB Abuses
If approved, the policy language changes would limit payment on non-weather related water losses starting Aug. 1....
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New York Wants Insurers to Encourage Proper Use of Commercial GPS Units
It wants insurers to specifically consider during underwriting whether, and to what extent, the prospective or existing policyholder uses a commercial GPS unit on insured vehicles, and to to develop and file premium discounts....
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Insurance Regulations, Bulletins & Legislation – April 16, 2018
Our exclusive roundup of recent regulatory developments and legislation....
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