A related provision would help protect insurers from liability if federal investigators ask the company to keep a suspicious account open to avoid making potential criminals aware of an investigation.
(Credit: Diego M. Radzinschi/ALM)
In its giant military spending package, Congress indicated it wants to exempt insurers and insurance producers from proposed anti-money-laundering reporting requirements.
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Allison Bell
Allison Bell, ThinkAdvisor's insurance editor, previously was LifeHealthPro's health insurance editor. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached at [email protected] or on Twitter at @Think_Allison.
