The Office of Washington Insurance Commissioner Mike Kreidler has announced the adoption of two new annuity-related Rules based on the National Association of Insurance Commissioners Model Act. The new Rules,...
Category: National News
The Commonwealth of Kentucky Department of Insurance (“Department”) Commissioner Sharon P. Clark issued an advisory on March 9, 2012 to all insurers, producers and adjusters conducting business in the...
NCOIL 2012 Spring Meeting Report: Property and Casualty Issues
February 28, 2012
Category NCOIL
The National Conference of Insurance Legislators (“NCOIL”) held its Spring Meeting in Biloxi, Mississippi during the weekend of February 24-26, 2012. To access the meeting materials, click here. To...
The Office of North Carolina Insurance Commissioner and State Fire Marshal Wayne Goodwin issued the following news release on February 27, 2012: North Carolina Insurance Commissioner and State Fire Marshal Wayne...
Hawaii Insurance Division Updates Requirements for Producer Appointments with New Category for Variables on Notice of New Appointment Form
February 13, 2012
Hawaii Insurance Commissioner Gordon I. Ito announced on February 7, 2012 that the Hawaii Insurance Division (“Division”) has updated its requirements for Producer appointments by creating a new category...
Federal Insurance Office Misses Modernization Report Deadline
February 1, 2012
Category Federal Regulatory Issues
The anticipated publication deadline of an insurance industry modernization report by the newly created Federal Insurance Office (“FIO”) has passed. The FIO, which was created by the Dodd-Frank...
The Wisconsin Office of the Commissioner of Insurance has updated the December 16, 2011 bulletin on Grievance and Independent Review Requirements to include a link to the Center for Consumer Information and Insurance...
Illinois Lifts Its Stay For All Uniform Standards Except One The Interstate Insurance Product Regulation Commission (“IIPRC”) announced Illinois has lifted its stay of the effectiveness of the remaining...
Ohio Department of Insurance in Five-Year Rule Review Process; Public Comments Solicited
January 18, 2012
The Ohio Department of Insurance (“ODI”) is currently considering various insurance-related rules going through the five-year rule review process during 2012. ODI staff members have commenced their internal...
Interstate Insurance Product Regulation Commission (‘IIPRC’) Adds Individual Disability Income Product Line
January 17, 2012
The following news release was issued by the Interstate Insurance Product Regulation Commission on January 11, 2012: IIPRC Adds Individual Disability Income Product Line WASHINGTON, D.C. (Jan. 11, 2012)...