MT Releases Market Conduct Report | CA Proposes Sustainable Insurance Strategy Regulation | FTC Prohibit Unfair and Deceptive Consumer Reviews & Testimonials | Regs,Bulletins,and Legislation
Weekly snippets from the Insurance Compliance Insight (ICI) Newsletter. A weekly subscription service published by an insurance compliance professional for insurance compliance professionals!
Montana Releases State Farm Market Conduct Report with $2 Million Fine
On February 6, 2024, Montana Commissioner of Securities and Insurance (CSI) issued a press release announcing a settlement with State Farm Mutual Automobile Insurance Co. (State Farm or Company) involving both a corrective action plan on issues of claim settlements and a $4 million fine, of which $2 million is suspended based on implementation of the corrective actions…
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California Proposes First Sustainable Insurance Strategy Regulations
California Insurance Commissioner Lara issued a press release on February 9, 2024, announcing the “first of several regulatory rule change packages aimed at streamlining the Department’s rate approval process.”…
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FTC Seeks to Prohibit Unfair and Deceptive Consumer Reviews and Testimonials
Last year, the Federal Trade Commission (FTC) published a notice of proposed rulemaking for a regulation titled “Rule on the Use of Consumer Reviews and Testimonials”…
Your Guide to Insurance Regulations, Bulletins, and Legislation
Alphabetically by line of business/topic and then by state.
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Resources: DOL Proposed Fiduciary Rule
We will update this page with new information that becomes available regarding the DOL proposed regulatory amendments.
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