Patriot Act Regs Tricky For Producers
Among the three major national agent/broker associations, the question of how insurance producers will comply with the Patriot Act's money laundering provisions is far from settled, to the point where there are divergent views within the industry over whether agents should be subject to the law in the first place.
Executives with the Independent Insurance Agents & Brokers of America, the National Association of Professional Insurance Agents, and the Council of Insurance Agents and Brokers all say their talks with the U.S. Treasury Department over compliance with the Patriot Act have been positive.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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
© 2025 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.
