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September 22, 2008
Print Version of All Articles in Sept. 22 ICI
Print out this file for all of the text in the current issue....
Best Practice Tip: Use These Survey Results to Rate Your Own Sales-to-Seniors Procedures
A number of companies have taken steps to get control of sales to seniors, but there appears to be room for the industry to improve....
Insurance Commissioners Waste No Time Assessing, Addressing AIG Turmoil
It didn’t take long for insurance commissioners to join their federal counterparts in responding to the financial mess at American International Group. Wisconsin issued a bulletin for AIG companies shortly after the Treasury Department bailout, and commissioners will be discussing the situation at NAIC’s fall meeting this week.....
Regulators Will Look at AIG, Annuity Suitability, Market Conduct Annual Statement During NAIC Fall Meeting
American International Group figures to be front and center, or at least on the minds of regulators, during the NAIC’s fall meeting this week....
Maryland Clarifies Its Compliance Guidance for Water Damage Law
The Maryland Insurance Administration is spelling out how insurers can comply with a new state law requiring coverage for water back-ups in sewers and drains....
Louisiana Commissioner, Lawmakers May Seek to Limit Hurricane Deductibles
The Louisiana insurance commissioner and state lawmakers are discussing whether they should limit the use of hurricane deductibles in the state....
Rules, Regs & Bulletins Sept. 22, 2008
A summary of recent regulatory developments and legislation....