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...
Category: National Insurance Regulation News and Updates
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...
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,...
Georgia Insurance Department to Only Allow Electronic Filing of Admitted Insurer Premium Tax Returns After January 1, 2014
August 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,...
Georgia Emergency Rule on Federal Health Insurance Exchange Navigators’ Training, Licensure Effective July 3, 2013
August 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”...
Georgia Special Insurance Fraud Fund Assessments Now Due 30 Days Following Appropriation
August 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...
Changes to Georgia Certificate of Insurance Rules Now Effective
August 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...
Georgia Finalizes NAIC-Based Credit for Reinsurance Rules
August 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...
President Obama Declares Disaster for Florida’s Holmes, Walton and Washington Counties for July 2-7, 2013
August 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...
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...