Category: National News

Michigan Insurance Office: Informational Statement on Maximum Unearned Premium Refund Pursuant to MCL 500.7925(2)(a) and R 500.351 M.A.C. Supersedes Bulletin 2009-09-INS

Jun 29, 2011

  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 Property and Casualty Guaranty Association Act, MCL SOO.792S(2)(a), requires the Michigan …

Applicable Rate and Form Filing Requirements Suspended To Expedite Nebraska Insurance Director’s Request For Property and Casualty Insurers to Extend On-Premises Coverage to Property Removed From Flooded Areas Until July 15, 2011

Jun 29, 2011

  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 reasonable to compel policyholders …

State of Michigan Department of Licensing and Regulatory Affairs Issues Michigan Annual Report on Group Employer Market Effects on HMOs as a Result of Increased Flexibility in Cost-Sharing Under MCL 500.3515

Jun 29, 2011

  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 500.3515. Michigan Insurance Commissioner R. Kevin …

Idaho Department of Insurance notifies health insurance carriers, independent review organizations and administrators for single employer self-funded ERISA employee benefit plans of important changes to the Idaho Health Carrier External Review Act

Jun 29, 2011

    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 Review Act (Title 41, Chapter 59 of the Idaho Code), the …

Fitch Ratings: Insurance Insights–June 2011 Edition

Jun 23, 2011

Below is the June 2011 edition of Fitch Ratings’ “Insurance Insights” newsletter:     The Insurance Insights newsletter provides a monthly round up of Fitch Ratings’ special reports, industry trends and company research for the insurance markets. For comprehensive coverage …