On April 16, 2013, the Senate Finance Committee held a hearing on “Tax Fraud and Tax ID Theft: Moving Forward With Solutions,” including testimony on proposals to restrict access to the Social Security Administration’s Death...more
4/22/2013 - Death Master Files Identity Theft Personally Identifiable Information SSA Tax Fraud
Over the past two years, states have undertaken various initiatives – including audits, exams, regulations, and legislation – intended to require insurers to compare their life insurance policy records with the record of...more
4/16/2013 - Access Accessibility Rules Death Master Files Identity Theft Life Insurance Proposed Regulation Tax Fraud U.S. Treasury
A Kentucky state trial court has rejected a challenge to a state statute requiring life insurers to search the Social Security Administration Death Master File (DMF) and attempt to locate potential beneficiaries, holding that...more
4/4/2013 - Beneficiaries Death Master Files Insurers Life Insurance Social Security Adminstration Unclaimed Life Insurance Benefits Act
The U.S. Supreme Court heard oral argument yesterday in the first of two cases to be argued this term again raising questions regarding the enforceability of arbitration agreements and class action waivers. These cases...more
2/28/2013 - American Express Arbitration AT&T Mobility v Concepcion Class Action Class Action Arbitration Waivers Federal Arbitration Act Oxford Health SCOTUS Stolt-Nielsen Sutter
Litigation continues in various cases challenging cost of insurance rates (COI) in life insurance policies, and January 2013 saw courts issue decisions going both ways on insurer discretion to set and modify COI rates. A...more
2/7/2013 - COI Rates Conseco Life Insurance Company Insurance Rates Midland National Life Insurance Company
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