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  #1  
Old 05-13-2006, 03:48 PM
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Join Date: May 2006
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Differ. in Viatical and reg. insurance regulation


What is the name of your state? Texas

I'm doing research for paper and am trying to find some info on the following:

how the regulation of the viatical insurance industry differs from the basic
regulation of the insurance industry, the similarities and
differences. How does viatical fraud affect the life insurance industry? Any information would be greatly appreciated. Thanks
  #2  
Old 05-13-2006, 06:46 PM
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Join Date: Aug 2005
Location: St. Odo of Cluny Parish
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Quote:
Originally Posted by ReneeW
What is the name of your state? Texas

I'm doing research for paper and am trying to find some info on the following:

how the regulation of the viatical insurance industry differs from the basic
regulation of the insurance industry, the similarities and
differences. How does viatical fraud affect the life insurance industry? Any information would be greatly appreciated. Thanks
We don't do research.
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(1) Never tell everything you know.
  #3  
Old 05-13-2006, 07:33 PM
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Join Date: Nov 2005
Location: Alabama
Posts: 2,106
Quote:
Originally Posted by ReneeW
What is the name of your state? Texas

I'm doing research for paper and am trying to find some info on the following:

how the regulation of the viatical insurance industry differs from the basic
regulation of the insurance industry, the similarities and
differences. How does viatical fraud affect the life insurance industry? Any information would be greatly appreciated. Thanks

Yes you will have to do your own research. Please note that policy regulation is governed by each state's insurance statutes and the insurance commissions regulations. Although fraud in the sale of a particular policy could be addressed by statute it is most likely a case law issue through a series of appellate judicial opinions.
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