Category: National Insurance Regulation News and Updates
Oct 27, 2011
On October 18, 2011, Rhode Island Department of Business Regulation Superintendent of Insurance Joseph Torti III issued Insurance Bulletin Number 2011-8 on the Mandatory Use of National Insurance Producer Registry (“NIPR”) for Company Adjusters. The Insurance Division is committed to …
Oct 27, 2011
The Washington State Office of the Insurance Commissioner has repealed e following chapter of the Washington Administrative Code: W.A.C. 284-48-010 entitled “License status of creditors under credit group policies–Commissions.” The purpose of this rulemaking is to repeal W.A.C. 284-48-010 …
Oct 25, 2011
The Excess Lines Association of New York (“ELANY”) issued Bulletin No. 2011-26 on October 25, 2011, which is reprinted below: RE: INSURER ELIGIBILITY REQUIREMENTS/BROKER RESPONSIBILITIES ELANY is fielding numerous questions regarding insurer eligibility requirements in light of the enactment of …
Oct 18, 2011
The Insurance Information Institute (“III”) has issued a presentation on potential implications for insurers under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank”). In the presentation, III President Dr. Robert Hartwig reviews the implementation status …
Sep 15, 2011
In Bulletin 11-24 (Corrected Version) addressed to all property and casualty insurers, the Maryland Automobile Insurance Fund (“MAIF”) and the Joint Insurance Association (“JIA”), Maryland Insurance Commissioner Therese Goldsmith directs that data must be provided as set forth in …
Sep 13, 2011
Above: Delaware Insurance Commissioner Karen Weldin Stewart Delaware Insurance Commissioner Karen Weldin Stewart Orders Blue Cross and Blue Shield of Delaware to Implement a Pilot Program with American College of Cardiology or Face Additional $300,000 Fine Dover, DE – …
Aug 29, 2011
Rhode Island Superintendent of Insurance Joseph Torti III issued a bulletin today, August 29, 2011, advising property insurers that they may not impose a hurricane deductible on Rhode Island claims. Licensed and emergency adjusters registered with the Rhode Island Insurance …
Aug 22, 2011
The Excess Lines Association of New York (“ELANY”) issued the following August 3, 2011 Bulletin No. 2011-22 on New York’s compliance with the Nonadmitted and Reinsurance Reform Act of 2010 and Chapter 61 of the Laws of 2011: Re: …
Aug 19, 2011
The Maine Bureau of Insurance has issued changes to Chapter 940 of the Maine Insurance Code, which relates to Requirements for Health Insurance Rate Filings and Data Reporting. Chapter 940 establishes procedures and guidelines for filing individual and group …
Aug 18, 2011
Maryland Insurance Commissioner Therese Goldsmith issued a bulletin to all Maryland property and casualty insurers as a reminder that a personal injury protection (“PIP”) surcharge is prohibited under § 19-507(c) of the Insurance Article of the Annotated Code of …