The State of Washington has adopted the National Association of Insurance Commissioners’ Model Regulation 815 as WAC 284-74-510, which will permit the recognition of preferred mortality tables for use in...
Category: National News
The Oregon Department of Business and Consumer Services’ Insurance Division recently issued Bulletin 2011-1 to all Oregon Surplus Lines licensees to outline the nationwide regulatory changes that will affect the...
Surplus Lines Insurance Multi-State Compliance Compact (SLIMPACT) Commission holds first in-person meeting
The Surplus Lines Insurance Multi-State Compliance Compact (“SLIMPACT”) Commission (“Commission”) held its first in-person Commission meeting yesterday, July 15, 2011, without having the requisite 10...
Surplus Lines Insurance Multi-State Compliance Compact (SLIMPACT) Commission Reviews Bylaws, Discusses Allocation Formulas at Third Meeting
The Surplus Lines Insurance Multi-State Compliance Compact (“SLIMPACT”) Commission (“Commission”) held its third meeting via Webinar on July 7, 2011 to review updates to a slate of draft...
Michigan’s Office of Financial and Insurance Regulation issued an informational statement pursuant to MCL 500.7925(2)(a) and R 500.351 of the Michigan Administrative Code that supersedes Bulletin 2009-09-INS: The...
After a number of disaster areas related to the recent State of Nebraska flooding, Nebraska Insurance Director Bruce Ramge issued a notice to all property and casualty insurers explaining that he does not consider it...
The State of Michigan Department of Licensing and Regulatory Affairs has issued the Michigan Annual Report on Group Employer Market Effects on HMOs as a Result of Increased Flexibility in Cost-Sharing Under MCL...
To alert health insurance carriers, independent review organizations and administrators for single employer self-funded ERISA employee benefit plans to important changes to the Idaho Health Carrier External...
The Delaware Department of Insurance issued the following three Bulletins in June 2011: Prohibition of Post-Claim Rescission Freedom of Information Act Requests Discount Medical Plan Organization Compliance Date These...
Surplus Lines Insurance Multi-State Compliance Compact (SLIMPACT) Commission Holds Inaugural Meeting
The Surplus Lines Insurance Multi-State Compliance Compact (“SLIMPACT”) Commission (“Commission”) held its first meeting via Webinar on June 24, 2011 to review a slate of draft bylaws that would...