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2 Jan 2008, 3:22 am
Some of the alleged defects in their filings include the use of inflated loss trends, charging consumers for contingent commissions and excess profit loads. [read post]
12 Jan 2010, 1:20 pm
” Although insurers position their trimmed-down products as low-cost alternatives, they haven't trimmed the cost of the insurance portion of the contract, according to the article. [read post]
13 Feb 2008, 5:42 am
The Association of Insurers and Risk Managers (AIRMIC) has indicated that the EC has softened its position on the London subscription market following the recent Commission Inquiry into business insurance. [read post]
15 Oct 2020, 7:52 am
Often insurers will not continue various types of benefits (life insurance, LTD and STD) beyond the ESA notice period, however, employees can have a legal right to these. [read post]
14 Apr 2020, 3:53 pm
The Notice advises all interested parties that the Commission will reactivate the assessment of fines and penalties for failure to file required reports on May 1, 2020. [read post]
9 Aug 2012, 7:38 am
Chilton’s plan would create an insurance fund, similar to the Securities Investor Protection Corp. [read post]
11 Mar 2020, 12:57 pm
The Securities and Exchange Commission today announced that it has adopted a new rule and related form and rule amendments to simplify and streamline disclosures for investors about variable annuities and variable life insurance contracts. [read post]
13 Feb 2008, 5:44 am
The Attorney General has argued that these insurers’ rates were excessive and has questioned the inclusion of contingent commissions in the rate filings. [read post]
18 Aug 2020, 4:49 pm
Property and Casualty Insurance Connecticut: On August 12, the Connecticut Workers’ Compensation Commission (“WCC”) issued Memorandum 2020-14, regarding reporting requirements pursuant to Governor Lamont’s Executive Order (the “Order”) 7JJJ. [read post]
4 Aug 2011, 7:38 am
In the same way a large university will conduct a multi-million dollar study to come to a common sense conclusion, disability insurance company UNUM hired a massive global consulting firm to [read post]
14 May 2010, 5:12 am
“Watchdog rejects appeal, saying ruling will bring more choice and cheaper rates to payment protection insurance market. [read post]
6 Oct 2009, 2:08 am
The Commission's press release can be found here.Click here for a previous blog on the European Commission's initial proposal. [read post]
1 Oct 2020, 3:51 pm
North Carolina: On September 15, the North Carolina Industrial Commission adopted a temporary amendment to 11 NCAC 23G.0104 which specifies when attendance for worker’s compensation mediation settlement conferences must be satisfied using remote technology. [read post]
2 Mar 2011, 12:11 pm
The Maine Unemployment Insurance Commission ruled that the woman should get benefits, said the Journal, because this was an "isolated error of judgment. [read post]
2 Mar 2011, 12:11 pm
The Maine Unemployment Insurance Commission ruled that the woman should get benefits, said the Journal, because this was an "isolated error of judgment. [read post]
9 Sep 2007, 5:33 pm
Seems like someone at the Billings (Montana) Gazette got their panties in a wad over agent compensation.Regarding insurance agent commissions, we reported in the story that Blue Cross paid out $15 million in sales commissions last year, or 3 percent of the entire premium dollar collected from customers.Three percent? [read post]
27 Dec 2023, 1:16 pm
In July 2023, the Securities and Exchange Commission (“SEC”) proposed rules “that would require broker-dealers and investment advisers (“Firm”) to take certain measures to address conflicts of interest associated with their use of predicative data analytics and similar technologies to interact with investors to prevent firms form placing their interest ahead of investors’ interests. [read post]
6 Jun 2017, 10:57 pm
Although I don’t think there is a problem with landlords recommending insurance to tenants, they are not allowed to *require* tenants to buy specific insurance products (from which they are no doubt getting a commission). [read post]
26 May 2023, 10:44 am
On May 18, 2023, the Federal Trade Commission (FTC) filed a Notice of Proposed Rulemaking and Request for Public Comment (“NPRM”) seeking to amend the Health Breach Notification Rule (“HBNR”). [read post]
28 Sep 2023, 6:56 am
ACCC – draft guidelines released The Australian Competition and Consumer Commission (ACCC) has similarly cracked down on greenwashing. [read post]
