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New bank Insurance Sales Methods From CCH
Expert Guidance Helps Ease Compliance Challenges
(RIVERWOODS, ILL., March 6, 2000) The
financial services industry and related business opportunities changed dramatically when
President Clinton signed the Gramm-Leach-Bliley Act of 1999, and no financial services
entities will be affected more profoundly than the banks and financial institutions that
can now enter the insurance market. Now, CCH INCORPORATED (CCH), a leading provider of
banking and financial law information and software, has introduced Bank Insurance Sales
Methods: Requirements, Restrictions, and Guidelines a valuable, how-to guide
covering the statutory, regulatory and compliance considerations of successful bank
insurance sales programs. (For more information contact your CCH sales representative at
888 CCH REPS, or click here.)
Under the new law, bank sales of insurance products will continue to be subject to a
complex maze of federal and state requirements derived from regulation of the banking,
insurance and securities industries.
Bank Insurance Sales Methods offers in-depth coverage and expert analysis of all
state and federal legislative, regulatory and judicial developments involving bank
insurance sales methods including the changes to federal banking laws brought about by the
passage of Gramm-Leach-Bliley.
Written for bank and insurance executives and their advisors, this single-source print
reference provides legal guidance on starting a bank insurance sales program, maintaining
an existing program and expanding a program to new states.
Critical Coverage, Expert Insight
Bank Insurance Sales Methods: Requirements, Restrictions, and Guidelines is a
valuable reference tool that addresses statutory and regulatory requirements, restrictions
and guidelines specific to bank insurance sales in all 50 states and the District of
The loose-leaf guide, updated annually or more frequently as new developments
require offers one complete source of information and includes extensive references
to legal authority.
Available as a national service covering all states and the District of Columbia, or as
a regional service covering the Northeastern, Southern, Central or Western states, Bank
Insurance Sales Methods focuses on the following critical topics:
- Permitted and Prohibited Activities
- Separation of Activities/Signage Requirements
- Loan Officers/Insurance Sales Transactions
- Insurance Sales Related to Loans
- Third-Party Arrangements/Leases
- Sale of Customer Lists/Finders Services
- Confidential Information
- Record Keeping
Authoritative, Timely Answers to Critical Questions
Written by nationally known experts in this emerging area Theodore P. Augustinos
and John N. Emmanuel of the law firm of Edwards & Angell, LLP Bank Insurance
Sales Methods delivers practice-oriented advice that will benefit both professionals
new to the field and seasoned specialists. With insights based on years of first-hand
experience, the authors provide answers to such questions as what state filings are
required to offer insurance products; what ongoing filings are required; what insurance
products banks, financial institutions or producers may sell and where; and what the laws
are regarding customer information in connection with insurance sales.
About the Authors
Bank Insurance Sales Methods: Requirements, Restrictions, and Guidelines is based
on years of research and experience by the Insurance and Reinsurance and Financial
Institutions Practice Groups of the law firm of Edwards & Angell, LLP.
- Theodore P. Augustinos advises banking and financial institutions, insurance
companies and insurance agencies and their holding companies on a variety of matters,
including mergers and acquisitions, interstate expansion, regulatory compliance, new
products and services and corporate issues.
- John N. Emmanuel advises insurance companies, insurance agencies, banks and
securities firms in regulatory matters, including the sale of insurance products by
financial institutions. He also represents financial services industry clients before
state banking and insurance departments and federal banking regulators.
Pricing and Availability
For more information, or to purchase a national or regional subscription to Bank
Insurance Sales Methods: Requirements, Restrictions, and Guidelines, call
800-449-6435, or contact your CCH sales representative at 888 CCH REPS (1-888-224-7377).
The national subscription, including 50 states and the District of Columbia, is $1,395 per
year, plus applicable shipping, handling and tax. The regional subscription is $389 per
year, per region, plus applicable shipping, handling and tax. Regions include:
Northeast: Connecticut, Delaware, Maine, Massachusetts, New Hampshire, New
Jersey, New York, Pennsylvania, Rhode Island, Vermont, West Virginia
South: Alabama, Arkansas, District of Columbia, Florida, Georgia, Kentucky,
Louisiana, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Texas,
Central: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri,
Nebraska, North Dakota, Ohio, Oklahoma, South Dakota, Wisconsin
West: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New
Mexico, Oregon, Utah, Washington, Wyoming.
About CCH INCORPORATED
CCH INCORPORATED, headquartered in Riverwoods, Ill., was founded in 1913 and has served
four generations of business professionals and their clients. The company produces more
than 700 electronic and print products for the tax, legal, securities, banking, insurance,
human resources, health care and small business markets. CCH is a wholly owned subsidiary
of Wolters Kluwer U.S. The CCH web site can be accessed at www.cch.com. The CCH Business and Finance Group web site can be accessed
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EDITORS NOTE: For members of the press, a complimentary review copy of Bank
Insurance Sales Methods: Requirements, Restrictions, and Guidelines is available by
contacting Leslie Bonacum at 847-267-7153 or firstname.lastname@example.org.