Compliance

The Consumer Financial Protection Bureau will issue rules that would impose new limits on force-placed insurance products.

Insurers using new enterprise social marketing platform to standardize the compliance efforts of its employees, representatives using social networking sites.

The Securities and Exchange Commission has pressed bailed-out insurer American International Group to provide more disclosures on guaranteed interest rates in its life insurance business.

Federal agencies put forth rule requiring insurers to provide explicit information to enrolling consumers.

UnitedHealth Group Lawsuit Advances

New analysis from Celent finds insurers delaying policy administration replacements as they brace for Solvency II.

IIABA backs legislation that would exclude agent compensation from medical loss ratio determination.

As a deadline passes, the Federal Insurance Office’s report on modernizing insurance regulation remains a no-show.

Department of Housing and Urban Development proposal an example of why insurers need to engage evolving regulatory risks, rather than bunker down and weather the current storm.

On-demand service designed to improve searches of sanctioned lists in an attempt to decrease the risk of compliance failures.

Force-placed auto insurance and post-foreclosure insurance among the subjects of New York's Department of Financial Services probe.

On both the federal and international levels, 2012 will be a profoundly important year in the realm of insurance regulation, especially the Dodd-Frank Act.

Insurers are warming to the notion of standardized product approval according to a report from consulting and actuarial firm Milliman Inc.

The U.S. Department of Health and Human Services has issued an interim final rule to require adoption of standards and operating rules for electronic funds transfer and remittance advice HIPAA transactions.

The next major development in IIABNY’s legal effort to overturn a New York regulation mandating producer compensation disclosure will occur Jan. 10, 2012, reports the Independent Insurance Agents and Brokers of New York.

Conning, provider of asset management solutions, services and research to the insurance industry, made a one-year commitment to be as a strategic partner to the American Council of Life Insurers (ACLI).

A call for the revision of a federal law, which allows risk retention groups (RRG) to operate nationally when licensed in a single state, has been lodged by National Risk Retention Association General Counsel Robert Myers, Jr.

Aon Corporation has agreed to pay the Department of Justice (DOJ) and Securities Exchange Commission (SEC) approximately $16.3 million as part of a settlement related to charges of foreign bribery.

As the rulemaking phase of the Dodd-Frank Act continues, insurers are looking to shape the rules to determine which companies constitute a systemic risk to the larger economy.

After its first public event, the magnitude of the task facing the Federal Insurance Office becomes apparent.