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October 14, 2013
Print Version of Articles in Oct. 14 ICI
Print this file for text of articles in the current issue....
Insurer Fined for Post-Claim Underwriting
The state's second-largest property & casualty insurer is paying a $1.26 million fine and changing some of its procedures....
Florida Orders Force-Placed Insurer to Reduce Rates; Other Carriers Take Hit in Court Ruling
Florida's biggest writer of force-placed insurance has to lower its rates by an estimated $51 million, and a federal judge in New York allows a RICO class-action to proceed....
California to Require Quarterly Unclaimed Property Reviews, Changes Proof of Death Standard
Proof of death will now be satisfied by a simple match against the Death Master File....
Congressman Wants Explanation for FIO Report Delays
House Insurance Subcommittee chair wants to know why the FIO can respond to international requirements and other duties, but not to Congress....
IAIS Proposes Global Capital Standard for Insurance Companies
Trade associations are questioning the need to change what one called "the gold standard" of solvency regulation....
New Federal Rules for Automated Telephone Solicitations Require Prior Consent
The new FCC rules kick in Oct. 16....
Insurance Regulations, Bulletins & Legislation – Oct. 14, 2013
Our exclusive roundup of recent regulatory developments and legislation....