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Ann Young Black Document Search Results (5) Sort by:  | Revisions to Annuity Disclosure Model Adopted
Ann Young Black, Ann Began Furman, Steven Kass, Kristin A. Shepard; Jorden Burt LLP;
Legal Alert/Article August 12, 2011, previously published on August 4, 2011 On August 3, 2011, the NAIC Life Insurance and Annuities (A) Committee adopted revisions to the Annuity Disclosure Model Regulation, Model 245 ("Annuity Disclosure Model" or "Model"). The revised Annuity Disclosure Model continues to require that consumers be provided a Buyer's...
| | Iowa Draws Line Between Insurance and Securities Advice
Ann Young Black, Richard T. Choi, Ann Began Furman; Jorden Burt LLP;
Legal Alert/Article July 19, 2011, previously published on July 6, 2011 On June 24, 2011, the Iowa Insurance Division, which regulates insurance and securities, issued identical companion bulletins outlining the permitted and prohibited activities of "Insurance-Only Persons" and "Securities-Only Persons." The bulletins are primarily designed to...
| | The New York State Insurance Department Issues a Directive to Conduct Social Security Death Index Sweeps
Karen A. Benson, Ann Young Black, Steven Kass, Kristin Ann Shepard; Jorden Burt LLP;
Legal Alert/Article July 19, 2011, previously published on July 7, 2011 On July 5th, the New York State Insurance Department announced that all New York authorized life insurers have been sent a Section 308 letter requiring them to initially report by September 30th on the effectiveness of their current procedures for processing death claims. The Department is...
| | Proposed Rulemaking for Florida Annuity Contract Cover Pages
Ann Young Black, Steven Kass, Scott C. Shine; Jorden Burt LLP;
Legal Alert/Article July 19, 2011, previously published on July 15, 2011 On July 13, 2011, the Florida Department of Financial Services, Division of Agent & Agency Services ("DFS"), issued Notice of Proposed Rulemaking for Rule 69B-162.011 (the "Proposed Cover Page Requirement") which sets forth the requirements for annuity contract cover pages....
| | Unclaimed Property - A Changing Landscape for Insurers
Karen A. Benson, Ann Young Black, Steven Kass; Jorden Burt LLP;
Legal Alert/Article June 9, 2011, previously published on May 27, 2011 cFundamental changes to insurers' unclaimed property practices and obligations have been brewing in recent years, coming to a head in the following well-publicized developments over the past month:
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