Category: National News
Oct 31, 2013
The National Conference of Insurance Legislators has published a memorandum previewing key issues and proposals for consideration at its Annual Meeting, to be held November 21-24, 2013, in Nashville, Tennessee. To access the memorandum and tentative meeting schedule, click …
Sep 17, 2013
The National Association of Insurance Commissioners announced today, September 17, 2013, that the Bermuda Monetary Authority (“BMA”) has accepted its invitation to participate in an expedited review under the Process for Developing and Maintaining the NAIC List of Qualified …
Sep 11, 2013
The Texas Department of Insurance (“TDI”) is accepting comments until September 16, 2013 on informal draft Rules and related forms and instructions on the licensing of captive insurance companies. Senate Bill 734, enacted earlier this year, created Chapters 223A …
Sep 6, 2013
Attended by nearly 2,000 insurance industry members, the National Association of Insurance Commissioners (“NAIC”) 2013 Summer National Meeting spanned August 24-27 in Indianapolis, Indiana. To access complete meeting materials, including the final attendee list, news releases and daily bulletins …
Aug 27, 2013
The National Association of Insurance Commissioners (“NAIC”) announced today, August 27, 2013, that it has adopted the Process for Developing and Maintaining the NAIC List of Qualified Jurisdictions (“Process”), which evaluates the reinsurance supervisory systems of non-U.S. jurisdictions for …
Aug 20, 2013
To ensure claims under the Medicare Secondary Payer Mandatory Reporting Provisions in Section 111 of the Medicare, Medicaid, and SCHIP Extension Act of 2007 are not improperly denied as of January 6, 2014, the Centers for Medicare & Medicaid …
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 …