Category: National Insurance Regulation News and Updates
Dec 7, 2011
The Maryland Department of Insurance issued the following news release on December 1, 2011 regarding a 60-day FEMA extension for state flood insurance policyholders that allows them to file a proof of loss for damage incurred as a result …
Nov 28, 2011
The Maryland Department of Insurance issued a consumer advisory today, November 28, 2011 announcing the month of January 2012 as open enrollment for child-only health insurance policies in Maryland. The consumer advisory is reprinted below. January 2012 …
Nov 10, 2011
Nebraska Department of Insurance Director Bruce R. Ramge issued a Notice on October 28, 2011 announcing the recent revision of the Nebraska Surplus Lines Insurance Act. The revisions include statutory changes that have implications to the reporting requirements of …
Nov 10, 2011
Nebraska Department of Insurance Director Bruce R. Ramge issued a Notice on October 28, 2011 on surplus lines requirements that could affect all insurers eligible to write Nonadmitted Insurance in Nebraska, all licensed Surplus Lines brokers, and all insureds …
Nov 9, 2011
The Utah Department of Insurance (“Department”) has proposed numerous revisions to the Bail Bond Act after analyzing and reviewing the statutes affecting the regulation and licensure of the bail bond business in an effort to address the concerns of …
Nov 7, 2011
The North Dakota Department of Insurance (“Department”) has scheduled a January 10, 2012 public hearing to consider amendments to the following Administrative Rules related to licensing of third-party administrators, insurance continuing education, accounting practices, custodial agreement requirements, surplus …
Nov 2, 2011
The Indiana Department of Insurance Commissioner Stephen W. Robertson has issued Bulletin 185 pertaining to Medical Loss Ratio Requirements in the Small Group Market. This Bulletin is directed to all insurers writing group policies of accident and sickness insurance, as …
Oct 28, 2011
The Kentucky Department of Insurance has filed an administrative regulation pertaining to captive risk retention groups. This regulation provides reinsurance, financial solvency, and 16 consumer protection requirements for captive risk retention groups. A public hearing on this administrative regulation …
Oct 28, 2011
Maine Superintendant of Insurance Eric A. Cioppa of the Maine Department of Professional and Financial Regulation Bureau of Insurance has issued a Notice of Rulemaking to repeal Maine Insurance Rule Chapter 680, Medical Liability Demonstration Project. No public hearing is …
Oct 27, 2011
On September 28, 2011, the Rhode Island Department of Insurance Superintendant Joseph Torti III issued Insurance Bulletin 2011-6 on Surplus Lines Insurance in Rhode Island and the national regulatory changes that will affect the placement of nonadmitted insurance in Rhode …