Posts Tagged: consumer disclosures
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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...
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Aug 15, 2011
No CommentsPolicy Termination: A Look at 2011 Legislative Updates
As state legislatures adjourned this spring, compliance professionals were busy analyzing and implementing regulatory changes. Once again, laws that regulate property and casualty policy termination practices have been a focal point in 2011. As always, legislative changes are the catalyst for review and possible compliance updates to underwriting guidelines, policy provisions, policyholder notices, and policy...
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Jun 20, 2011
No CommentsPortable Electronics Coverage: Better Than A Bowl of Rice
At the close of a recent “girls’ night out,” a friend of mine made the horrifying discovery that her prized new smart phone had slipped from her purse into the ladies’ room toilet. What to do?!! While some of us would have sadly walked away, Jen retrieved it, took it home, and did something involving...
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Mar 28, 2011
No CommentsManaging Consumer Expectations
As an insurer, how well do you manage the expectations of your...
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Mar 16, 2011
No CommentsRetained Asset Accounts – Initiatives Continue in 2011
The start of this year’s legislative sessions has certainly provided a forum for introduced bills addressing the use of retained asset accounts by insurers as a settlement option. Just as we saw last year, states are continuing to evaluate their current regulatory requirements applicable to this settlement option through either legislative or regulatory approaches, or...
