Share
Market conduct compliance resources
designed to help you every step of the way!
Call Us at (866) 458-4333
 
 
 
 

Create you own "Company Violations Database"
Lou Penn & Associates, Inc., is always happy to provide you with insurance compliance products that will help you enhance the effectiveness of your company. Contact us today to learn more about the various products and resources we offer.

Insurance Compliance Products

We have created an effective compliance product that contains the following compliance information.
Courthouse, Compliance Resources in Pepperell, MA
•  Market Conduct Compliance Requirements for Each State By: 
          o  Industry (Life, Health, P/C, Surplus Lines, Mortgage, Title, etc.)
             o  State
             o  Line of Business
             o  Sub-Line of Business 		          o  Category
            o  Compliance Item
            o  Detail Item
            o  Issue

Create a matrix that will allow you to audit your files and document your audit results using our
"View Company Violations Database" which is now connected to the "Market Conduct Auditor Database", see below:
State Policy Type Policy #

Failure to attach mandatory cancellation/nonrenewal endorsement per NYIL § 3426, eg., IL 02 68 01 11; and/or failure to include all required provisions in manuscripted endorsement

Failure to provide the insured with the specific nonrenewal reason a violation of NYIL § 3426(e)(2)

Failure to comply with the requirement to maintain documentation of the development of the rate in FTZ and non-FTZ policies in violation of 11 § 16.5

Multiples quotes in file in violation of Regulation 57, 11 § 160.2

Discriminatory pricing a violation of NYIL § 6301

Unable to determine NYFTZ eligibility premium greater than $100,000.00 per kind of insurance a violation of Regulation 86, 11 § 16.1

Use of potentially unfiled NY forms in violation of NYIL § 2307
NY

General Liability - NYFTZ

CF-445550

34 § 3426

63 § 6301

11 NYCRR 16.1

23 § 2307
CA

General Liability - NYFTZ

CF-445550

34 § 3426

11 NYCRR 16.5

11 NYCRR 160.2

63 § 6301

11 NYCRR 16.1

23 § 2307
CA General Liability

CF-675550

34 § 3426

34 § 3426

11 NYCRR 16.5

11 NYCRR 160.2

63 § 6301

11 NYCRR 16.1

23 § 2307
CA General Liability

CF-778550

34 § 3426

11 NYCRR 16.5

63 § 6301

11 NYCRR 16.1
CA General Liability

CF-48888

34 § 3426

11 NYCRR 16.5

11 NYCRR 160.2

63 § 6301

11 NYCRR 16.1

23 § 2307
CA General Liability

CF-445550

34 § 3426

11 NYCRR 160.2

63 § 6301

11 NYCRR 16.1

23 § 2307
CA

General Liability

CF-445550

34 § 3426

11 NYCRR 16.5

11 NYCRR 160.2

63 § 6301

11 NYCRR 16.1

23 § 2307

Search Capabilities By:

   •  Drill Down •  Drill Down Tree/Topic View  •  Full Combination •  Checklist •  Word •  Reference Number
Contact our organization to learn more about the compliance resources we offer.