About
Protect your company from costly commercial and regulatory litigation in this era of heightened scrutiny
Insurance companies that fail to meet the new standards imposed by federal and state regulators face staggering fines and massive litigation - or worse. The compliance challenges that insurers are facing continue to expand, as state regulators adopt more stringent standards and federal regulators scrutinize more aspects of the insurance industry.
ACI's Regulatory Compliance for the Insurance Industry publication will provide you with the tools you need to develop or benchmark compliance strategies that will protect your company from a fragmented regulatory minefield.
The publication will give you practical guidance on:
- Complying with federal and state data security requirements
- Developing a compliance plan that addresses new certification requirements for reinsurance transactions
- Reviewing your current practices so you don't become the regulators' next target
- Shaping compliant and cost-effective document retention policies
- Adjusting your controls to address new anti-money laundering guidelines
Contents & Contributors
COMPLIANCE: CHALLENGE THE NORM
Glenn Pomeroy, GE Insurance Solutions
TAKING AWAY THE TARGETS: ANALYZING AND ADDRESSING YOUR BUSINESS PRACTICES BEFORE THEY MAKE HEADLINES
Vincent L. Laurenzano, Strook & Strook & Lavan LLP
ENSURING YOUR REINSURANCE AND STRUCTURED RISK TRANSACTIONS MEET NEW REQUIREMENTS
Maxine H. Verne, SCOR Reinsurance Company
David E. Mendelsohn, DLA Piper Rudnick Gray Cary US LLP
ESTABLISHING CLEAR INTERNAL DATA SECURITY GUIDELINES
Michael O'Neil, DLA Piper Rudnick Gray Cary US LLP
TERRORISM INSURANCE PROGRAM
David J. Brummond, US Treasury Department
ELECTRONIC DISCOVERY IN U.S. LITIGATION
Cheryl Vollweiler, Wilson, Elser, Moskowitz, Edelman & Dicker, LLP
USE OF CONSUMER REPORT DATA TO MARKET AND UNDERWRITE INSURANCE
Andrew Smith, Federal Trade Commission
Anne P. Fortney, Hudson Cook, LLP
USA PATRIOT ACT: ANTI-MONEY LAUNDERING RULES FOR INSURANCE COMPANIES
Gary W. Sutton, US Treasury Department
MANAGING AML RISKS: POLICY - PROCEDURES - CONTROLS
L. Kim Estrada, Western Reserve Life Assurance Company of Ohio
ESTABLISHING PROCEDURES AND CONTROLS FOR INSURANCE X
PRODUCTS AND TRANSACTIONS SUBJECT TO ANTI-MONEY
LAUNDERING RULES
Lorraine Lawlor, Office of Foreign Assets Control
DATA STANDARDS AND REGULATORY COMPLAINCE
Beth Grossman, Association for Cooperative Operations Research and Development
Publication Details