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THS INSURANCE ACT, 1938

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This is the third FinCEN study of SARs filed on transactions involving insurance companies and insurance products. A report issued in May 2007 provided a sum- mary of SARs filed in the 10-year period prior to May 2006 by all types of financial institutions regarding suspicious transactions involving insurance companies, insur- ance agents, and insurance brokers. 6 A report issued in February 2003 provided a summary of SARs filed between 1996 and 2002 by all types of financial institutions regarding transactions specifically involving life insurance products. 7 The current study highlights findings in an analysis of SARs filed within a timeframe...
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THS INSURANCE ACT, 1938

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