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April 30, 2018
 
Print Version of April 30 ICI
Print this file for text of articles in the current issue....
 
Court: Florida Unclaimed Property Court Law Can’t Apply Retroactively
Four insurers had sued, saying that making the law retroactive was unfair, and that tracking down millions of death records to find beneficiaries every year is too burdensome and too expensive....
 
New York Modifies Its Proposed Suitability Regulation
The update incorporates suggestions made during the proposal’s 60-day comment period....
 
SEC Issues $35 Million Fine for Not Disclosing Data Breach
Yahoo! waited two years to disclose a data breach involving hundreds of millions of user accounts....
 
Washington Fines Two Insurers for Using Incorrect Rates, Fire Codes
Agents were fined for hosting illegal educational events and for errors made during a life insurance sale that went wrong....
 
Attorneys General Seek to Overturn Fifth Circuit’s Fiduciary Rule Decision
They want the full 17-judge court to rehear the matter and, possibly, overturn the earlier decision made by a three-judge panel....
 
Notice to Readers – April 30, 2018
In keeping with our publishing schedule, the next issue of Insurance Compliance Insight will be available May 21, 2018.
 
Insurance Regulations, Bulletins & Legislation – April 30, 2018
Our exclusive roundup of recent regulatory developments and legislation....