Category: Insurance

Momentum Factor General Manager Lauren Poel examines the hidden costs of compliance gaps for insurance and finance companies, while highlighting recent regulatory actions, and underscoring the urgent need for proactive compliance monitoring in this original white paper.

FieldWatch is heading to Las Vegas from October 14-16 as a sponsor of ITC Vegas 2025. If you are attending this amazing insurance industry event, be sure to connect with our team and learn how FieldWatch can protect your business from regulatory risk.

Momentum Factor General Manager Lauren Poel discusses the importance of compliance monitoring within the evolving compliance landscape of insurance in this original white paper.

The FTC is proposing Business Opportunity Rule changes as well as a new rule to deter deceptive earnings claims by multi-level marketers and money-making opportunity sellers. Read the full press release here.

Amending the Negative Option Rule, the FTC announced its final "Click-to-Cancel" Rule in order to ease consumers ability to end recurring subscriptions and memberships. Read the FTC's press release here to learn more.

The FTC recently finalized a rule to ban fake reviews and testimonials, including those generated by AI. According to the new rule, the maximum civil penalty for those using fake reviews is $51,744 per violation.

The U.S. House Energy & Commerce Committee's Subcommittee on Innovation, Data & Commerce held a hearing on Tuesday, July 9, regarding the 2025 FTC budget that also delved into congressional oversight of the agency following the U.S. Supreme Court decision that overruled the Chevron case in June.

The FTC has published inflation-adjusted civil penalty amounts for 2024 where the maximum civil penalty amount is now $51,744 per violation.

The FTC has issued warning letters to a pair of trade associations and at least a dozen influencers regarding improper social media posts. Notably, each letter also included the FTC’s notice of penalty offenses concerning misleading endorsements and indicated that the recipient could face civil penalties of up to $50,120 per violation.

One day after releasing updated Advertising Guides to combat deceptive reviews and endorsements, the FTC has announced a proposed rule to ban fake reviews and testimonials. This marks yet another action taken by the Commission to prevent deceptive advertising practices and protect consumers.