NY Regulators Secure $1 Million Settlement | Florida Officials Receive Letter | Pacific Life Slapped with $250,000 Fine | Rhode Island Revokes Agent License | Regs, Bulletins, Legislation
Weekly snippets from the Insurance Compliance Insight (ICI) Newsletter. A weekly subscription service published by an insurance compliance professional for insurance compliance professionals!
NY Regulators Secure $1 Million Settlement in Cyber Action Against First American Title Insurance Company
In a Press Release dated November 28, 2023, New York State Department of Financial Services Superintendent Adrienne Harris announced a Consent Order entered into by the Department related to a May 2019 data breach at…
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Senator Seeks Answers: Florida Officials Receive Letter Regarding Citizens Property Insurance Corporation Strategies
Senator Sheldon Whitehouse sent a letter to Florida Governor DeSantis, Insurance Commissioner Yaworsky, and Citizens Property Insurance Corporation President, CEO and Executive Director Cerio seeking information as a follow up to…
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Pacific Life Slapped with $250,000 Fine by Minnesota Regulators Over Suitability Breaches
In a Consent Order dated November 13, 2023, the Minnesota Department of Commerce found multiple violations of suitability regulations in relation to…
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Rhode Island Cracks Down on Agent: License Revoked Amidst a Trail of Incompetence, Dishonesty, and Fraud with Multiple Insurance Carriers
The investigation by the Rhode Island Department of Business Regulation into licensed agent, Bruno Raguso (Raguso or Respondent), after receiving “various complaints” about…
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Insurance Regulations, Bulletins, and Legislation
Alphabetically by line of business/topic and then by state.
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