In Bulletin 11-19, issued by the Maryland Insurance Administration (“MIA”) on August 17, 2011 to all property and casualty insurers, producers and interested parties, Maryland Insurance Commissioner Therese...
Category: National News
State of Washington Directs Insurance Companies on Regulations Relating to Patient Protection and Affordable Care Act Consumer Assistance
Pursuant to provisions of the Patient Protection and Affordable Care Act (“PPACA”), which requires insurers and health plans to provide information about the appeals process to consumers, as well as make...
The State of Washington Department of Insurance (“WDI”) has proposed new regulations relating to property and casualty insurance rate cap rules, transition rating rules, rate stability formulas and other...
NAIC 2011 Summer National Meeting Preview
The National Association of Insurance Commissioners (“NAIC”) will hold its 2011 Summer National Meeting from August 29 through September 1 in Philadelphia, Pennsylvania. During that time, the...
Technical corrections to Title 284 of the Washington Administrative Code have been proposed by the Office of the Insurance Commissioner under the State’s expedited rulemaking process. This proposed Rule...
Rhode Island Insurers Must Now Include Sales Tax in Settlement Calculation of Total Loss Motor Vehicle Claims
Effective October 1, 2011, Rhode Island consumers who suffer the total loss of a motor vehicle as the result of an insurance claim must pay sales tax on the full value of the corresponding replacement vehicle. However,...
As of July 2011, the Kentucky Insurance Department has amended Regulation 806 KAR 12:170, entitled “Life insurance disclosures,” which establishes requirements for insurers to deliver...
Above: Kentucky Insurance Commissioner Sharon P. Clark The Kentucky Insurance Department has amended the State’s Agent Licensing Regulation pertaining to the prohibition of false or deceptive names and...
Pursuant to the amendment of regulations RCW 48.15.040 and RCW 48.15.090 by the passage of HB 1694 (Chapter 31, Laws of 2011) State of Washington Insurance Commissioner Mike Kreidler has issued Emergency Rules stating...
To comply with requirements under the federal Patient Protection and Affordable Care Act of 2010, the Washington State Insurance Department has initiated rulemaking relating to the consumer grievance and appeal process...