Thursday, 24 July 2008

Politics & Policy

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POLITICS & POLICY

LIMRA Survey Shows Independent Producers Struggle to Keep Up with Complicated Compliance Regulations

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Written by U.S. Insurance News
Monday, 21 April 2008
Independent producers have found one way to cope with complex compliance regulations. They’re dropping their Series 6 licenses.

NAFA, NAIFA Respond to Dateline’s Charges of Questionable Sales Tactics Employed by Annuity Producers

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Written by U.S. Insurance News
Monday, 21 April 2008
An April 13 episode of NBC’s Dateline attempted to blow the whistle on the insurance and financial services industry. The program, which included a report by journalist Chris Hanson, purported to reveal “questionable sales tactics” advisors use when aggressively marketing equity indexed annuities to seniors.

Allstate, Consumer Group at Odds Over Message of Released Documents

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Written by U.S. Insurance News
Monday, 14 April 2008
Allstate is hoping that its release of 150,000 pages of documents will fill in some important details that have been overlooked by critics making allegations about its claim practices.

NAIC Defends State Filing Processes

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Written by U.S. Insurance News
Monday, 14 April 2008
The National Association of Insurance Commissioners (NAIC) disagrees with some recent statements attributed to Marc Racicot, president of the American Insurance Association (AIA), regarding state filing processes.

Rep. Roskam Encourages Independent Agents to Make Their Case on Capitol Hill

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Written by U.S. Insurance News
Monday, 14 April 2008
It's not just that independent insurance agents are welcome on Capitol Hill to tell their side of the story. It's almost their duty. As such, Rep. Peter Roskam (R-Ill.) will keep the door open for them.

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INSURANCE NEWS
AIG Becomes Sole Owner of Ascot Underwriting Recession Wouldn't Drive Up Workers Comp Claims, Executives Predict Seniors Should Take Proactive Steps before Letting Life Insurance Policies Lapse, J.G. Wentworth Advises

POLITICS & POLICY
AARP Report: States Making Some Progress in Balancing LTC Options under Medicaid FINRA Teams with IFEBP to Warn Consumers about Early Retirement Scams NCOIL Urges Governors, Attorneys General to Fight H.R. 5840

INNOVATION

ISO Works With SAS Software to Create Advanced Risk Modeling Improved AMS 360 Primed to Pump Up Agency Revenues Nine in a Row: Aflac Chosen Again for “Best Places to Work in IT”

FOCUS

Consumers Asked to Get Creative for New York Life Ad Campaign Nationwide Financial Services Wins a “Best in Show” at IMCA Showcase Miss GEICO Wins Title of Fastest Powerboat in the World

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