Sep 22, 2008
The following insurance-related administrative actions were posted on Friday, September 19, 2008. Final Life/Health Insurance Rules: 69O-149.003: Rate Filing Procedures 69O-149.005: Reasonableness of Benefits in Relation to Premiums 69O-149.006: Actuarial Memorandum 69O-149.0025: Definitions Final Property/Casualty Insurance Rules: REPEAL: 69P-2.002: Adoption …
Sep 22, 2008
The Centers for Medicare & Medicaid Services has released a report with updated information on Section 111 of the Medicare, Medicaid, and SCHIP Extension Act of 2007 (“SCHIP”). The report, entitled “Transitioning Into Section 111 Reporting” contains information for use …
Sep 22, 2008
> Florida Office of Insurance Regulation Rule Development Workshop The Florida Department of Financial Services, Office of Insurance Regulation has issued a Notice of Development of Rulemaking regarding Rule 69O-197.006: Insurance Administrator Annual Report. The purpose of this proposed Rule …
Sep 21, 2008
> NAIC The National Association of Insurance Commissioners will hold its 2008 National Fall Meeting from Monday, September 22 through Wednesday, September 24 at the Gaylord National Hotel & Convention Center, 201 Waterfront Street, National Harbor, Maryland. Some meetings will …
Sep 19, 2008
On Thursday, September 18, 2008, the Developmental Disabilities Compact Workgroup and the Developmental Disabilities Compact Consumer Advisory Workgroup jointly held their first meeting met in Tallahassee for the purpose of developing a Compact pursuant to Senate Bill 2654 (SB 2654), …
Sep 19, 2008
To view a complete story, click on a headline below: Justices: No vote needed for redevelopment bonds In a stunning double flip-flop, the Florida Supreme Court ruled Thursday that it made a mistake a year ago by requiring voter approval …
Sep 19, 2008
Based on information provided by the Property Casualty Insurers Association of America, and information available to this Firm, steps are expected to be taken during the 2009 Florida Regular Legislative Session to correct a significant issue impacting Florida surplus lines …
Sep 19, 2008
The National Conference of Insurance Legislators (“NCOIL”) issued the media release reprinted below today, September 19, 2008 after U.S. House Speaker Congresswoman Nancy Pelosi (D-CA) removed H.R. 5840, also known as the “Insurance Information Act of 2008,” from the September 17 House suspension calendar. …
Sep 19, 2008
To view a complete story, click on a headline below: Citizens Insurance slow to pay, and lowballs settlements, critics charge Years after damage from hurricanes, 2,000 households still have unresolved damage claims against state-run Citizens insurance Although the hurricanes of …
Sep 19, 2008
On Wednesday, September 17, 2008, a representative of this office participated in a conference call meeting of the Suitability of Annuity Sales Working Group of the Life Insurance and Annuities(A) Committee of the National Association of Insurance Commissioners (“NAIC”) (“the …