Filed Under:Your Practice, Regulatory

USAA commended for use of Death Master File

ALSO: Industry news from Lincoln, IIS, Willis, Ash, DAVID and Q4 Health

California Insurance Commissioner Dave Jones (AP Photo/Rich Pedroncelli)
California Insurance Commissioner Dave Jones (AP Photo/Rich Pedroncelli)

A recent multistate market conduct exam of USAA found that the insurer properly used the Death Master File database for more than a decade.

The New Hampshire Insurance Department sent a call letter in December 2012 informing USAA that a multistate targeted market conduct examination had been called to evaluate its claims handling practices, use of the DMF, application of the DMF to its life insurance business, and its annuities business. The purpose of the exam was to determine if USAA’s practices conformed with the standards in the National Association of Insurance Commissioners Unfair Trade Practices Act and the NAIC Unfair Claims Settlement Practices Model Act.

Ash Brokerage named Larry Dahl as its new president.

Dahl, financial industry veteran with more than 27 years’ experience, will help to create a clearly defined vision and strategy, and will be looking at new ways to enhance the Ash business model and offerings.

Related

Unclaimed property: Status quo prevails

Pursue enforcement or leave it be: The continuing saga of unclaimed property.

Featured Video

Most Recent Videos

Prospects not listening to voice mail? Arrange a phone date

Provided by LIFEHEALTHPRO

Redesigning your phone life is more important than finding the “best words” for a voice mail in today’s culture.

Behind the scenes with Vicki Gunvalson [VIDEO]

Provided by LIFEHEALTHPRO

In this exclusive interview, Vicki Gunvalson shares how she built a $15 million a year annuity business by planning for...

Regulator: Market may need to reinvent LTCI

Provided by LIFEHEALTHPRO

Cioppa says Maine's governor wants to spur the creation of better products.

Dementia: It's more than Alzheimer's

Provided by LIFEHEALTHPRO

An association calls for policymakers to remember lesser-known neurodegenerative conditions.

Related resources

More Resources

Comments

Power your business with up-to-the-minute insurance news, analysis, and best practices from LifeHealthPro Daily eNewsletter – FREE.

Power your business with LifeHealthPro Daily eNewsletter – FREE.

Enter a valid email address.
Close
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.