INSURASALES

Tag: Legal Compliance

Legal Proceedings Highlight Importance of Accurate Insurance Applications

Explore how a recent legal case emphasizes the need for accurate insurance applications and the importance of compliance in underwriting and claims processes.

Kansas City Life Insurance Settles $40 Million Class Action Over Excessive Cost Claims

Kansas City Life Insurance Co. agrees to a $40 million settlement over allegations of excessive life insurance costs, benefitting policyholders nationwide with plans active since 2002. Legal and regulatory insights included.

Federal Judge Allows Lawsuit Against Bank of America Over 401(k) Vesting Practice

Federal judge permits lawsuit alleging Bank of America's 401(k) forfeiture policy breaches federal vesting laws, spotlighting retirement plan compliance.

Court Vacates Key Portions of 2024 HIPAA Privacy Rule on Reproductive Health Information

The U.S. District Court vacated major parts of the 2024 HIPAA Privacy Rule on reproductive health information, impacting data privacy compliance and healthcare regulation. Covered entities must update Notices of Privacy Practices by February 2026.