Acton, Mass. - CCH Insurance Services, a part of Wolters Kluwer Corporate & Financial Services division, has launched a new micro site summarizing regulatory compliance information for insurers responding to catastrophe in the wake of Hurricane Katrina. The web site, located at www.insurance.cch.com/katrina is free of charge as a public service to insurers."Affected states are now issuing requirements and other directives specifically related to this catastrophe," says Joe Bieniek, compliance manager for CCH Insurance Services. "We want to provide insurers with a resource that will help them easily determine what is required in Alabama, Florida, Louisiana, and Mississippi so they can respond to claims quickly, avoid confusion, and maintain compliance."
CCH staff of compliance professionals is closely monitoring news releases, statements, and other directives from the affected states and then posting relevant information on the site as it becomes available. This includes contact information for the affected states, links to more information being issued by the states, and links to the full text of referenced citations from NILS INSource, an insurance regulatory research tool.
"The damage caused by Hurricane Katrina is immeasurable," says Tony Boschetto, director for CCH Insurance Services. "We wanted to make it easier for insurers by helping them to find critical regulatory compliance information related to the disaster quickly and in one location."
Source: Wolters Kluwer
