Category: National Insurance Regulation News and Updates
Aug 15, 2013
In Bulletin No. 22 issued yesterday, August 14, 2013, Delaware Insurance Commissioner Karen Weldin Stewart informed all insurers and licensees doing business in the state of Delaware that, under the provisions of Senate Bill 44 enacted last month, both …
Aug 14, 2013
The Maryland Insurance Administration today launched a Twitter feed, @MD_Insurance, to help consumers get important updates on insurance issues and decisions by the State’s insurance regulator. “The Maryland Insurance Administration’s Twitter feed, along with our website and Facebook …
Aug 13, 2013
After enacting related new laws last year, Georgia and Connecticut recently finalized versions of the NAIC’s Credit for Reinsurance Model Regulation. The new Rules became effective on June 12 and August 6, 2013, respectively. The Georgia version sets forth …
Aug 12, 2013
The Georgia Department of Insurance advised on July 8, 2013 in Directive 13-EX-3 that it will only accept electronically filed quarterly and annual premium tax returns from admitted companies after January 1, 2014. Insurers can utilize several options to …
Aug 12, 2013
On October 1, 2013, Georgia residents will be eligible to purchase health insurance plans through federally-operated exchanges under the Patient Protection and Affordable Care Act, with “navigators” employed to direct individuals and companies to policies. An Emergency Rule on …
Aug 12, 2013
Pursuant to statutory changes, any approved supplemental appropriations for the Georgia Special Insurance Fraud Fund will now result in an assessment due 30 days later. Regulation 120-2-72-.05(3) formerly provided for assessments to be due on “May 15 of the …
Aug 12, 2013
With the enactment of House Bill 66 earlier in 2013, changes to Georgia insurance regulations providing guidelines, procedures and best business practices for the issuance and delivery of property and casualty certificates of insurance became effective as of May …
Aug 12, 2013
Rules for Georgia’s 2012 adoption of the NAIC’s Credit for Reinsurance Model Law became effective on June 12, 2013. Entitled “Credit for Reinsurance,” the regulations set forth Rules and procedural requirements that Georgia’s Insurance and Fire Safety Commissioner deems …
Aug 5, 2013
The U.S. Department of Homeland Security’s Federal Emergency Management Agency announced on August 2, 2013 that federal disaster aid has been made available to the State of Florida to supplement state and local recovery efforts in the area affected …
Jul 31, 2013
Interested parties wishing to provide input on the long-term availability and affordability of terrorism risk insurance before the Terrorism Risk Insurance Act (“TRIA”) is set to expire on December 31, 2014 have until September 16, 2013 to submit their …