Category: National Insurance Regulation News and Updates
May 18, 2011
The following proposed insurance-related Rules were recently filed with the State of Washington’s Code Revisers Office. Proposed Rules: Note: Rulemaking Hearings for the following proposed Rules are scheduled for 9:00 a.m. and 10:00 a.m., respectively, on May 26, …
May 6, 2011
The Rhode Island Department of Business Regulation’s Division of Insurance (“Division”) recently issued Insurance Bulletin Number 2011-2, which advises that the State’s Long-Term Care statute and the Annuity Suitability regulation provide for substantive training of producers prior to the sale, solicitation …
Apr 4, 2011
Pursuant to a law enacted in 2010, the Washington State Insurance Commissioner is required to adopt regulations establishing licensing and education requirements for crop adjusters. The new Rules, effective June 27, 2011, relate to crop adjuster pre-licensing education, examination, …
Jan 10, 2007
On April 12, 2006, a conference call was held by A.M. Best regarding changes that have been made to its Catastrophe Stress Test (the “Test”). The Test allows A.M. Best to evaluate insurers’ financial strength to reflect their ability to …
Jan 10, 2007
Click here to read a news release issued by A.M. Best regarding modifications they are making to their catastrophe stress test in response to pressure they have received as to the impact the more stringent requirements are having on reinsurers’ …