BW INSIGHTS

Center for Economic Justice Pleads Its Case for Overhauling the Life Insurance and Annuity Illustrations

By BrownWinick | 11.18.2020
At the November 10th, 2020 Life Insurance and Annuities “A” Committee meeting, Center for Economic Justice’s (CEJ) Executive Director Birny Birnbaum got another 20 minutes of airtime claiming, “Life insurance and annuity illustrations obscure instead of explaining, the operation of the policy or contract.” He reviewed a lengthy presentation during... Read More

“Spooky” Halloween Pumpkins

By BrownWinick | 11.09.2020
BrownWinick’s Charity Committee is thinking outside the box due to COVID to help non-profit organizations during this difficult time. So we put our heads together and came up with a more creative way to support one of our chosen non-profit organizations – Susan G. Komen Greater Iowa. The Pumpkin Decorating Contest was all VIRTUAL, with 1st, 2nd... Read More

Mark Cady Day of Public Service

By BrownWinick | 11.09.2020
On Friday, October 23, 2020, Iowa’s legal community held the inaugural Mark Cady Day of Service, honoring and celebrating the life of Justice Cady and his commitment to public service. There were various public service opportunities and BrownWinick decided to participate with a virtual food drive for the Food Bank of Iowa. The firm donated over... Read More

2020 Iowa Election Takeaways

By Matthew McKinney | 11.06.2020
While several close races remain following Tuesday’s elections, Republicans have expanded their Iowa House majority, maintained control of the Senate, and netted at least one new congressional seat. BrownWinick’s Government Relations team has carefully reviewed the current election results and produced a detailed report on all 130 state and... Read More

2020 Election Summary

By Matthew McKinney | 10.30.2020
With only days until the November 3rd election, the BrownWinick’s Government Relation’s Team has developed a 2020 Election summary document to provide the most up-to-date information. As a reminder, the Iowa Senate has 25 seats up for election this year and the Iowa House has all 100 seats. Currently, the Iowa Senate and House are controlled by... Read More

Market Conduct Analysis Statement Blanks (D) Working Group – Impacting Market Conduct surveillance – Accelerated Underwriting—putting the cart before the horse.

By BrownWinick | 10.26.2020
One of the working groups under the National Association of Insurance Commissioners (NAIC’s) Market Regulation and Consumer Affairs (D) Committee, the Market Conduct Annual Statement Blanks (D) Working Group’s goal is to collect uniform market conduct related data not otherwise available. To that end, the Blanks Working Group drafts and approves... Read More

2020 NAIC Summit Recap

By BrownWinick | 10.07.2020
The National Association of Insurance Commissioners (NAIC) hosted their 2020 Virtual Insurance Summit in a new two-week format during September 8-10 & 15-17, 2020. The Insurance Summit is hosted by NAIC and the National Insurance Producer Registry (NIPR). This premier event brings together innovators and regulators to explore the future of... Read More

Producers Receive Additional Relief for 2020 Crop Year with CFAP 2

By BrownWinick | 09.24.2020
The USDA released a Final Rule to announce the second round of the Coronavirus Food Assistance Program (CFAP 2) on Friday, September 18, 2020. Applications will be accepted through county FSA offices from Monday, September 21 through December 11, 2020, or until the allocated $14 billion runs out. So, what’s CFAP 2, and how does it compare to CFAP... Read More

Department of Justice Guidance on Corporate Compliance Programs

By BrownWinick | 09.14.2020
Earlier this summer, the Fraud Section of the Department of Justice (DOJ) Criminal Division updated its guidance on the Evaluation of Corporate Compliance Programs first published in early 2017. The updates reflect the DOJ’s expectation that compliance programs should not be stagnant and need to change with the company’s risk profile. In its... Read More

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