NU Online News Service, March 29, 3:42 p.m. EDT
DENVER–Regulators should work with the insurance industry to eliminate confusing contract language that challenges even skilled lawyers, a consumer representative said.
Insurance industry representatives countered that readability is already regulated, and that lawsuits and the "Ambiguity Doctrine" make further simplification of contracts difficult for the industry.
Continue Reading for Free
Register and gain access to:
- 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
NOT FOR REPRINT
© 2024 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.
