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General Insurance Code of Practice Training

Debt Recoveries

As a part of Debt Recoveries Australia’s ongoing commitment to improvement, their clientele and the greater community, our team recently undertook additional training provided by the. Australian and New Zealand Institute of Insurance and Finance (ANZIIF) regarding the recent updates to the General Insurance Code of Practice.

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General Insurance Code of Practice and Hardship Continued 

Debt Recoveries

Our last article dealt with the recent changes to the general insurance code of practice, relating to the handling of vulnerable parties and matters of financial hardship. To review the code in full click here.

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Who is a Certified Revenue Cycle Representative? CRCR Exam Information

Nexa Collect

Representatives are tasked with shepherding this process to avoid the many pitfalls that can cause problems for the practice and their patients. Mistakes at this stage can lead to insurance denials and other problems down the road. CRCR’s have the training required to handle even complicated pre-registrations. Payment models.

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General Insurance Code of Practice and Hardship

Debt Recoveries

Reading Time: 8 minutes As of July 2021, the new general insurance code of practice came in to effect. Of particular relevance to our operations has been the changes to the code are parts 9 and 10 which deal with vulnerable customers and those facing financial hardship. . Internal policies and training .

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California Legislation Strengthens Consumer Protections for Servicemembers

Troutman Sanders

To begin with, the Act will void a security interest in a motor vehicle if the security interest would cause a loan procured by a “covered borrower,” as defined in the MLA in the course of purchasing the motor vehicle, to be exempt from the MLA, and the loan also funds the purchase of a credit insurance product or credit-related ancillary product.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

The research notes that, despite a drop in fees collected, many of the fee practices persisted during the COVID-19 pandemic. On November 30, Regulation F of the Fair Debt Collection Practices Act became effective. State Activities. Privacy and Cybersecurity Activities. The CFPB is seeking feedback and comments about its plan.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

For more information, click here. On July 17, the Financial Stability Board (FSB) published its proposed global regulatory framework for crypto-asset activities, including stablecoins. The FSB’s framework is founded on three principles: (1) “same activity, same risk, same regulation”; (2) high-level and flexible; and (3) technology neutral.