Archive: Hot Topics
-
Jan 17, 2012
No CommentsProgress Made On Creating Essential Health Benefits (EHBs) Under PPACA
Even as the date for arguments before the US Supreme Court appears on the (somewhat distant) horizon, HHS, insurance departments and health carriers are proceeding with activities to implement the health reform Act adopted in 2010. While the future of the Act and portions of it remains uncertain, delay is not an option, and requirements...
-
Jan 11, 2012
No Comments2011 Regulatory Trends Web Seminars: A Year End Look at Regulatory and Market Conduct Activity
These “Regulatory Trends” web seminars take a look at not only 2011’s key legislative and regulatory changes, but also some recent market conduct enforcement actions. From managing regulatory changes to addressing market conduct exams and enforcement actions, the insurance industry dealt with multiple compliance challenges last year. The recordings are available for Property & Casualty, Life & Annuities, and Health. Click here to...
-
Dec 12, 2011
No CommentsUSPS Proposed Cuts Create Compliance Challenges
The United States Postal Service has battled huge deficits for years, caused by a combination of diminishing revenues and rising operational costs. I honestly cannot tell you the cost of a stamp today and my ever more expensive “forever stamp” offers no clue, but raising stamp prices has not done enough. The USPS recently made...
-
Nov 28, 2011
1 CommentCredit Scoring Revisited?
The subject of hot debate for years, credit scoring is estimated to be used by over 90% of property and casualty insurers writing personal lines coverage today. Credit scoring use has been a controversial practice due to competing points of view – some consumer advocates argue that it is discriminatory while industry generally views it as...
-
Nov 21, 2011
No CommentsUS Supreme Court: The Ball is in Its “Court”
Last week’s Supreme Court announcement that it plans to hear arguments and rule on the 2010 health care reform in its upcoming session didn’t bring closure to the debate that’s raged around the controversial law, but it did raise both sides’ expectation that closure may indeed come by next June. Some who follow the contentious...
