Archive: Life & Annuities
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Jan 27, 2012
No CommentsConfidential Treatment: Documents in the Product Filing Process
Many states provide insurance companies the option to request that certain documentation be considered proprietary and/or confidential and therefore, not subject to public disclosure requests. Other types of documents, by their very nature, are considered confidential by a state upon filing without any request being made by the insurer. The filing of credit scoring model...
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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...
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Jan 03, 2012
No Comments2012 Rings In New Suitability Protections for California Seniors
I hope that everyone enjoyed the recent holidays as much as I did. As we welcome in the start of 2012, many new legislative and regulatory changes will be going into effect this week (January 1st is a very popular effective date). Thinking about what’s new for the year ahead reminds me that California seniors...
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Dec 22, 2011
No CommentsThe “Right Name” is on it…Right?
Insurers’ names appear on many and varied forms of correspondence including policies, claim forms, letterheads and premium notices. However, making sure that the right (i.e. correct) name is displayed on those documents can be a challenge. California market conduct exams across multiple lines of business have indicated violations of Insurance Code §880 which provides that...
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Nov 14, 2011
No CommentsLocating Life Insurance Policies Just Got Easier
During the past two months, two of my friends passed away from terminal illnesses – leaving young spouses and children behind. Despite being incredibly sad, the reality is that having a terminal illness tends to lend itself to some planning for the survivors’ futures. Knowledge that there is a life insurance policy, the name of...
