8/18/2008 2:14:33 PM EST Posted by Douglas R. RichmondSenior Vice President in the Professional Services Group of Aon Risk Services Insurance regulation has historically been left to the states. There has long been occasional noise about replacing state regulation with a federal system. Now, the noise over possible federal regulation of insurance is ... Create an account or login to post comments. | Comments (0)
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8/4/2008 4:34:02 PM EST Posted by Jim Poolmanconsultant, former North Dakota Insurance Commissioner In this Expert Commentary, former North Dakota Insurance Commissioner Jim Poolman tackles the topic of Principles-Based Reserves and discusses Continue reading >>Comments (0)
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8/4/2008 3:05:38 PM EST
During September 2003, the National Association of Insurance Commissioners (NAIC) adopted the Suitability in Annuity Transactions Model Regulation (Suitability Model) to establish uniform standards and procedures for ensuring that annuity purch ... Create an account or login to post comments. | Comments (0)
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6/27/2008 12:39:49 AM EST
For much of its 137-year history, the National Association of Insurance Commissioners served as a forum for state insurance commissioners to meet, share experiences and discuss common problems. However, that started to change when the NAIC bega ... Create an account or login to post comments. | Comments (0)
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7/21/2008 10:20:38 AM EST
The torrential rains of June 2008, and the flooding that ensued, will not soon be forgotten. For days, surging floodwaters threatened the lives and property of many Midwestern families and businesses. As the immediate threat began to recede wit ... Create an account or login to post comments. | Comments (0)
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7/14/2008 8:01:46 PM EST Posted by Jim Poolmanconsultant, former North Dakota Insurance Commissioner
The denial of an insurance policy of a Florida Congresswoman has shined the spotlight on the use of an applicant’s future travel plan when insurers underwrite life insurance policies. Policymakers as well as regulators are debating the is ... Create an account or login to post comments. | Comments (0)
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7/14/2008 7:22:41 PM EST Posted by Seth ChandlerFoundation Professor of Law at the University of Houston Law Center
Many insurers use credit scores to help underwrite personal lines policies such as automobile and homeowner’s insurance. Although three states prohibit use of credit scores, most do not. A bill pending in Congress will end the practice, h ... Create an account or login to post comments. | Comments (0)
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2/11/2008 6:43:11 PM EST Posted by Jim Poolmanconsultant, former North Dakota Insurance Commissioner
Former North Dakota Insurance Commissioner Jim Poolman draws upon his experience as Chairman of the National Association of Insurance Commissioner’s Life Insurance and Annuities ... Create an account or login to post comments. | Comments (0)
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1/29/2008 6:52:18 PM EST Posted by Jim Poolmanconsultant, former North Dakota Insurance Commissioner
Annuities are becoming more and more popular as financial planning tools for consumers of all ages. With the products becoming more complex, regulators across the country are givi ... Create an account or login to post comments. | Comments (0)
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1/18/2008 1:06:52 PM EST Posted by Jim Poolmanconsultant, former North Dakota Insurance Commissioner
Attorney General Lori Swanson in early 2007 filed and settled what some would consider a groundbreaking lawsuit that accused Allianz Life Insurance Company of violating Minnesota’s suitability laws in the sal ... Create an account or login to post comments. | Comments (0)
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3/10/2008 10:55:04 PM EST
In November, 2001, China was approved as a full member of the World Trade Organization (WTO). As part of its acceptance into the WTO, China agreed to adopt measures to better defi ... Create an account or login to post comments. | Comments (0)
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