The Maryland Insurance Administration fined a number of companies $10,000 late last year for failing to include required fraud disclosure statements in forms and applications issued last year, records show.

A Texas-based life settlements firm has agreed to a settlement with Virginia regulators over allegations it failed to register its securities.

AXA Equitable Life Insurance Co. paid a $1.9 million fine for violating New York’s insurance laws between 2001 and 2006, regulators said.

Less than a week after paying $1 million in a settlement with the U.S. Securities and Exchange Commission over misleading proxy disclosures, an Iowa company now faces a $275,000 fine for allegedly selling unapproved annuity contracts in Minnesota.

Two executives of an Iowa life insurance company will pay a combined $1 million in penalties as part of civil settlements with the U.S. Securities and Exchange Commission regarding misleading proxy disclosures to investors.

Government reform of pension plan regulations should guarantee participants that disclosures will be “relevant, timely and succinct,” according to Prudential Financial.

In response to complaints about producers steering clients into premium finance arrangements, Maryland Insurance Commissioner Ralph S. Tyler wants to force agents to provide full disclosure of all options to …  Read →

New suitability and disclosure rules for the sale of individual fixed deferred and immediate annuities go into effect in New Jersey April 1 and include a so-called 10-day free look …  Read →

The National Association of Insurance Commissioners is going to force insurance companies to disclose the financial risk they face from climate change, starting May 1, 2010.

The organization announced March 17 …  Read →