Posts Tagged: compliance
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Apr 30, 2012
No CommentsMore Than Just Your Insurance Code…
From insurance department regulations and bulletins to legislative initiatives creating new requirements in the states’ insurance codes, claims professionals have a lot to keep up with. While these insurance-centric mandates have a significant impact, it is important to make sure your organization is also tracking...
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Feb 09, 2012
No CommentsClaims Notices in the Advent of Electronic Medium
A few weeks ago, I received an email notice from the school that my children attend about a meeting to discuss the future possibility of a curriculum without books. Everything would be electronic. Colleges seem to be headed this way. Paychecks and bills are already...
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Jan 30, 2012
No Comments10 New P&C Underwriting Commandments
As we get ready for 2012 legislative sessions, property and casualty compliance professionals must ensure that policy underwriting guidelines are up to date or risk the wrath of regulators. As always, there was significant legislative activity governing adverse actions in 2011: cancellation, nonrenewal, premium increase or coverage changes and policy declination. In case you missed...
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Dec 19, 2011
No Comments“Other” Adverse Action Notice Requirements to Keep in Mind
Each year property and casualty adverse action notice compliance problems make it into the top 10 list of market conduct examiners’ criticisms. These issues include the requirements for days’ notice, mail type, permitted reasons and actual notice requirements needed on the face of the form or letter itself. We have written about these common issues...
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Nov 07, 2011
No CommentsLooking Forward, Moving Ahead, and Reflecting Back
As I look forward to my retirement...
