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Instant Insights / Life Insurance Awareness Month

September is Life Insurance Awareness Month--check out these resources to help you and your clients learn more about this crucial benefit.

10 most-common life and health insurance claims violations

For the 13th year, global consulting firm Wolters Kluwer reviewed state insurance regulators market conduct actions and found that violations of claims and underwriting regulatory requirements continue to dominate.

By Katie Kuehner-Hebert | Updated on November 07, 2017

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The top shortcomings of life and health insurers in the eyes of state regulators are slow claims handling, non-compliant underwriting practices and failure to provide required compliant disclosures, according to Wolters Kluwer’s 2016 Top 10 Market Conduct Actions for Life and Health Insurers.

For the 13^th year, the Minneapolis-based governance, risk and compliance division of the global consulting firm reviewed state insurance regulators’ market conduct actions of U.S. insurers published in 2016, and found that violations of claims and underwriting regulatory requirements continue to dominate the annual findings.

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Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.

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