Category: Insurance Regulatory News
May 4, 2012
The Florida Office of Insurance Regulation (“OIR”) is seeking to amend Rule 69O-144.007, F.A.C, entitled “Credit for Reinsurance From Eligible Reinsurers” to apply to life insurance. The Rule currently applies only to property and casualty insurance. Rule 69O-144.007 was …
May 4, 2012
Representatives from Mississippi, Connecticut and Alaska have confirmed that their states are withdrawing from the Non-Admitted Insurance Multi-State Agreement (NIMA), it was reported today, May 4, 2012, by National Underwriter’s PropertyCasualty360.com. The information was verified by a Florida Office of …
May 4, 2012
Concurrently with Florida Governor Rick Scott’s signing of CS/CS/HB 119 relating to Motor Vehicle Personal Injury Protection Insurance today, May 4, 2012, Florida Insurance Commissioner Kevin McCarty issued Informational Bulletin OIR-12-02M to all motor vehicle insurers in the State of …
May 4, 2012
Following is a listing of Florida insurance-related regulatory events for the week of May 7-11, 2012: All times are Eastern Time (“ET”). Additional information is available via hyperlink where noted in bold type. FLORIDA INSURANCE REGULATORY EVENTS Tuesday, …
May 4, 2012
The following article was published in PropertyCasualty360° on May 2, 2012: Florida Insurance Scam Leads to Arrest of “America’s Most Wanted” Fugitive By Laura Mazzuca Toops The routine investigation of a suspicious homeowners’ insurance claim led to the arrest of …
May 4, 2012
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Insurance-Related News Daily Florida Insurance-Related Events There …
May 3, 2012
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type. Daily Florida Insurance-Related Events Daily Insurance-Related News Daily Florida Insurance-Related Events There …
May 3, 2012
The following article was published in The Florida Current on May 3, 2012: PIP fraud legislation among last batch of bills awaiting Governor Scott decision By Gray Rohrer Legislation aimed at cracking down on personal injury protection (PIP) fraud is …
May 2, 2012
On March 29, 2012, the Maryland Insurance Administration (“MIA”) announced a revised format for the annual Fraud Data Report required of insurers under Section 27-803 and COMAR 31.04.15.06. The report must be filed with the MIA by March 31 …
May 2, 2012
The State of Washington Office of the Insurance Commissioner filed proposed Rule 2011-30, entitled “Certificates of Insurance,” for permanent adoption on April 16, 2012, with an effective date of May 17, 2012. This new Rule is intended to prevent …