Above: Colodny Fass’ Donovan Brown Notes U.S. Government Accountability Office Report on Insurance Capital Standards Development With large, internationally active insurance companies accounting for 28...
Above: Colodny Fass’ Donovan Brown Notes Indiana Insurance Commissioner’s Directive on Price Optimization Indiana became the seventh state to ban insurance company use of “price...
In Bulletin(s) HC-103 and PC-79 issued yesterday, July 8, 2015, Connecticut Insurance Commissioner Katharine Wade advised all insurance companies and others doing business in the State of Connecticut on certain...
Following the resignation of former Nevada Insurance Commissioner Scott J. Kipper, Nevada Department of Business and Industry Director Bruce Breslow appointed Amy L. Parks as Acting Insurance Commissioner yesterday,...
Above: Colodny Fass’ Donovan Brown notes Vermont Department of Financial Regulation bulletin on “price optimization” factors in property and casualty ratemaking In Bulletin...
The State of Georgia has proposed a complete repeal of its current regulations relating to captive insurance companies, with the goal of adopting a new Rule Chapter on the same subject pursuant to the enactment of HB...
Any excess line policy submitted to the Excess Line Association of New York (“ELANY”) that contains the so-called “Most Favored Nation” punitive damage insurability clause or similar language...
The International Association of Insurance Supervisors (“IAIS”) announced last week, June 25, 2015, that it has begun a public consultation to help finalize development of the Higher Loss Absorbency...
Five federal regulatory agencies have approved a joint final Rule that modifies regulations applicable to loans secured by properties located in special flood hazard areas. Issued today, June 22, 2015, by the...
Above: Colodny Fass’ Claude Mueller Advises Texas Department of Insurance Has Adopted NAIC Risk-Based Capital Provisions The Texas Department of Insurance (“TDI”) advised yesterday, June 18,...