by John Darer® CLU ChFC CSSC RSP CLTC
The new rule concerning new standards to protect consumers from misleading and fraudulent marketing practices took affect on November 1, 2009.
Section 836-080-0160 of Trade Practice rules from the Insurance Division of the State of Oregon Department of Consumer and Business Services entitled "Use of Certifications or Professional Designations by Insurance Producers", seems to eliminates the legal use of the CSSC in the State of Oregon.
The prohibition specifically applies to
- Use of a designation that does not have reasonable standards or procedures for monitoring and disciplining its designees or certificants for improper or unethical conduct see OAS 836-080-0160 (e)(C)
- Use of a designation that does not have reasonable continuing education see OAS 836-080-0160 (e)(D)
While it is this author's understanding that NSSTA is working on a mandatory continuing education for the program, such program is not currently in place.
The fact that one or more CSSC designees advertised to be "plaintiff exclusive" while concurrently, on more than one occasion, also attesting to the United States Department of Justice, under penalty of perjury, to have provided for the 3 previous consecutive years substantial services to defendants and their counsel. NSSTA did not discipline the designee(s) in question for the obvious duplicity (evident the mutual exclusivity of the statements).
The fact multiple CSSC designee members of the association, including a board members misrepresent the designation and are neither monitored nor disciplined by the association which confers the designation.