Compliance & Ethics Committee:  November Agenda and October Minutes

The October minutes in the packet include the following:

  • Annuity Suitability Oversight Practices
  • Internal Replacements – Surrender Period
  • Colorado’s Governance and Risk Management Framework Requirements for Life Insurers’ Use of External Consumer Data and Information Sources (ECDIS), Algorithms, and Predictive Models (“Colorado Artificial Intelligence Regulation”)
  • Records Management Practices
  • Systems to Manage Compliance Reports/Deadlines
  • Tracking of New Laws and Regulations
  • Calculation of Free Look Period
  • Agent Licensing Issues – Out-Of-State Residents
  • Vector One – Producer Debt
  • AML/Antifraud – In-House Training
  • California Consumer Privacy Act (CCPA)