Insurers, Agents Work To Meet Anti-Terror Rules Some insurance industry executives say they can easily meet the anti-terrorism requirements of the USA Patriot Act, but others think the requirements are onerous, particularly for agencies.
“I think we are in fairly good shape,” said Scott Mansolillo, vice president and director of compliance for the Hartford Financial Services Group Inc.
Mr. Mansolillo noted that the acts strict requirements for monitoring insurance transactions for potential money laundering or fraud have only recently kicked in.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
