3rd Annual Legal & Compliance Executives'

Insurance Regulation

Tuesday, January 23, 2007

About

With the intense government scrutiny of the insurance industry, having inefficient or ineffective compliance processes or policies can result in unprecedented financial and regulatory exposure. Whether responsible for inefficient document retention, violations of state regulations or another avenue, in-house counsel and their advisors must remain current on best practices and regulatory developments in order to prevent government investigations, enforcement actions, civil penalties and the negative publicity that can result.

To guide you through this challenging environment, this publication focuses on both preventative and reactive strategies for minimizing compliance and regulatory risks. The outstanding faculty from Prudential, Nationwide, Valic, AllState, TIAA-CREF, the Florida Department of Insurance, the FTC, IMSA and LIMRA and leading counsel provide you with invaluable information on all aspects of ensuring an effective compliance function, including:

  • How to absorb the latest regulatory developments into your compliance program
  • Collateral requirements for foreign insurers in the United States
  • Ensuring compliance processes and procedures take account of myriad insurance laws across jurisdictions
  • Navigating security breach notification requirements
  • Analyzing and monitoring the effectiveness of your compliance program

Contents & Contributors

About

With the intense government scrutiny of the insurance industry, having inefficient or ineffective compliance processes or policies can result in unprecedented financial and regulatory exposure. Whether responsible for inefficient document retention, violations of state regulations or another avenue, in-house counsel and their advisors must remain current on best practices and regulatory developments in order to prevent government investigations, enforcement actions, civil penalties and the negative publicity that can result.

To guide you through this challenging environment, this publication focuses on both preventative and reactive strategies for minimizing compliance and regulatory risks. The outstanding faculty from Prudential, Nationwide, Valic, AllState, TIAA-CREF, the Florida Department of Insurance, the FTC, IMSA and LIMRA and leading counsel provide you with invaluable information on all aspects of ensuring an effective compliance function, including:

  • How to absorb the latest regulatory developments into your compliance program
  • Collateral requirements for foreign insurers in the United States
  • Ensuring compliance processes and procedures take account of myriad insurance laws across jurisdictions
  • Navigating security breach notification requirements
  • Analyzing and monitoring the effectiveness of your compliance program

Contents & Contributors


PERSPECTIVES ON RECENT TRENDS AND POTENTIAL STATE INITIATIVES
Bob Prentiss, Florida Department of Insurance Regulation (Tallahassee, FL)

STREAMLINING COMPLIANCE PROCESSES ACROSS STATE BOUNDARIES
Carol Baldwin Moody, Nationwide Financial Services (Columbus, OH)
David den Boer, AIG/Valic Insurance Company (Houston, TX)
Brian Atchinson, IMSA (Bethesda, MD)

COLLATERAL REQUIREMENTS FOR FOREIGN INSURERS IN THE UNITED STATES: ANOTHER PERSPECTIVE
Stephen W. Schwab, DLA Piper US LLP (Chicago, Illinois)

RESINURANCE COLLATERAL PARADIGM SHIFT OVERVIEW OF NAIC REINSURANCE EVALUATION OFFICE PROPOSAL
Michael F. Consedine, Saul Ewing (Harrisburg, PA)

WHITE PAPER ON RENEWAL OF TRIA: ABA TIPS TASK FORCE ON FEDERAL INVOLVEMENT IN INSURANCE REGULATION MODERNIZATION
Francine Semaya, Cozen O'Connor (New York, NY)

MONEY LAUNDERING PROTECTION
Jeffrey Halperin MetLife, Inc. (Long Island City, NY)

AGENT INTEGRATION (TRAINING)
Tom Caraher, LIMRA (Windsor, CT)

ENFORCEMENT PRIORITIES: WHAT'S DRIVING THE NEXT WAVE OF COMPLIANCE ISSUES
John R. Cronin, State of Vermont Department of Banking, Insurance, Securities & Health Care Administration (Montpelier, VT)

OUTLINE OF RECENT SEC ENFORCEMENT ACTIONS INVOLVING INSURANCE COMPANIES AND PRODUCTS

John S. Polise, Division of Market Regulation SEC (Washington, DC)
PROTECTING PRIVACY AND SECURITY: KEEPING PACE WITH RISING REQUIREMENTS TO PROTECT DATA
Nancy Baran, Prudential Insurance Company of America (Newark, NJ)

NAVIGATING SECURITY BREACH NOTIFICATION REQUIREMENTS
Carolyn Mitchell, TIAA-CREF (New York, NY)

DEFINING ROLES AND RESPONSIBILITIES: REGULATORY COMPLIANCE VS. RISK MANAGEMENT
Kristine DiGirolamo, Allstate Insurance Company (Northbrook, IL)

REGULATORY COMPLIANCE VS. RISK MANAGEMENT
Cynthia R. Shoss, LeBoeuf, Lamb, Greene & MacRae LLP (New York, NY)



DOCUMENT TYPES: PRESENTATIONS AVAILABLE: 0