Category: National Insurance Regulation News and Updates
Aug 18, 2011
In Bulletin 11-19, issued by the Maryland Insurance Administration (“MIA”) on August 17, 2011 to all property and casualty insurers, producers and interested parties, Maryland Insurance Commissioner Therese Goldsmith reminded that, with the 2011 Hurricane Season in progress, pursuant …
Aug 17, 2011
Pursuant to provisions of the Patient Protection and Affordable Care Act (“PPACA”), which requires insurers and health plans to provide information about the appeals process to consumers, as well as make consumers aware of their state’s health insurance consumer …
Aug 3, 2011
The State of Washington Department of Insurance (“WDI”) has proposed new regulations relating to property and casualty insurance rate cap rules, transition rating rules, rate stability formulas and other rating methods. These proposed Rules may: Specify situations in which …
Jul 25, 2011
Technical corrections to Title 284 of the Washington Administrative Code have been proposed by the Office of the Insurance Commissioner under the State’s expedited rulemaking process. This proposed Rule would make the following technical corrections to Rules within Title …
Jul 22, 2011
Effective October 1, 2011, Rhode Island consumers who suffer the total loss of a motor vehicle as the result of an insurance claim must pay sales tax on the full value of the corresponding replacement vehicle. However, to comply …
Jul 22, 2011
As of July 2011, the Kentucky Insurance Department has amended Regulation 806 KAR 12:170, entitled “Life insurance disclosures,” which establishes requirements for insurers to deliver information to purchasers of life insurance The Kentucky Insurance Department has amended …
Jul 22, 2011
Above: Kentucky Insurance Commissioner Sharon P. Clark The Kentucky Insurance Department has amended the State’s Agent Licensing Regulation pertaining to the prohibition of false or deceptive names and titles. Regulation 806 KAR 9:020, entitled “False or deceptive names, titles, …
Jul 21, 2011
Pursuant to the amendment of regulations RCW 48.15.040 and RCW 48.15.090 by the passage of HB 1694 (Chapter 31, Laws of 2011) State of Washington Insurance Commissioner Mike Kreidler has issued Emergency Rules stating that, instead of surplus lines …
Jul 21, 2011
To comply with requirements under the federal Patient Protection and Affordable Care Act of 2010, the Washington State Insurance Department has initiated rulemaking relating to the consumer grievance and appeal process requirements for health carriers and health plans. This …
Jul 21, 2011
The State of Washington has adopted the National Association of Insurance Commissioners’ Model Regulation 815 as WAC 284-74-510, which will permit the recognition of preferred mortality tables for use in determining minimum reserve liabilities, effective September 1, 2011. To …