The Safety Net for Texas Insurance Policyholders

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "The Safety Net for Texas Insurance Policyholders"

Transcription

1 1 The Safety Net for Texas Insurance Policyholders PRESENTATION ITEMS History of State Guaranty Associations TLAHHSIGA Background Purpose & Membership Board of Directors, Operational Information & Financial Summary Powers & Duties Statutory Coverage Limits & Exclusions Policy Obligation Fulfillment Assessments Receivership Basics What s On the Horizon? DISCLAIMER This presentation is for informational purposes only, and is subject to change without notice. You should consult Chapter 463 of the Texas Insurance Code for specific information about the Texas Life, Accident, Health, and Hospital Service Insurance Guaranty Association. 2 3

2 4 Brief History of the L&H Guaranty System 1941: New York Guaranty Fund created 1971: First NAIC Life & Health Insurance Guaranty Association Model Act 1973: TLAHHSIGA created 1983: NOLHGA formed under auspices of ACLI in response to the Baldwin-United Failure 1984: 34 states with guaranty laws 1987: NOLHGA independence from ACLI 1992: Colorado & Louisiana enact GA statutes 2005: Last significant revision of the TLAHHSIGA statute ASSOCIATION BACKGROUND TLAHHSIGA is NOT a state agency Formed on August 27, 1973 by Texas Legislature Administered by the Liquidation Division of the Texas Department of Insurance Until Legislative Privatization in July 1992 Employee Managed from Managed by Consulting Firm from Returned to Employee Management in 2003 Governing statute is Chapter 463 of the Texas Insurance Code Operates in compliance with Texas Open Meetings Act PURPOSE & MEMBERSHIP Purpose - To provide protection for Texas resident policyholders when their insurance company that is licensed to write the lines of business protected by the Association is found to be insolvent and ordered liquidated by a court. Who are the members? All insurance companies licensed to write the respective lines of business are automatically members. (Does not include HMOs, MEWAs, fraternals, reciprocals, pools or exchanges) Approximately 1,100 member companies based on licensing. 5 6

3 7 BOARD OF DIRECTORS STRUCTURE CURRENT BOARD OF DIRECTORS OTHER OPERATIONAL INFORMATION Nine Member Board of Directors Three Representatives of Top 50 Premium Writers Two Additional Insurance Company Representatives Four Public Members All Directors Appointed by the Texas Commissioner of Insurance Directors are Appointed for a 6 Year Term Terms of Three Directors Expire Each Odd Numbered Year Annual Texas Ethics Commission PFS Filing Ronald J. Welch, Chair (American National Ins Co) Dr. Wilda F. Meixner, Vice-Chair (Texas State University- Retired Professor) John Henry McDonald, Secretary (Austin Asset Mgmt Co) Thomas A. Munson, Treasurer (Landmark Life Ins Co) David Hester (Harris County) James M. Harrison (Principal Life Ins Co) Deborah J. Long (Protective Life Ins Co) James G. Lewis (Central Security Life Ins Co) Dean Frigo (City of Amarillo) Per statute, a non profit legal entity Internal Revenue Code 501c(6) organization Small Office in Austin Staff Executive Director Senior Accountant Claims Manager Staff Accountant Office Assistant 8

4 10 FINANCIAL SUMMARY Provided Protection for 133 Insolvent Members Assessment-as-Needed Organization $700.9 Million Assessed Since Creation in 1973 $132.6 Million Refunded Since 1992 $95.9 Million Applied to Assessment Obligations $26.8 Million Directly to Member Insurers $9.9 Million to the State of Texas (already offset) February 28, 2010 Financial Position -Cash & Cash Equivalents of $83 million -Obligations for Insolvencies of $254 million (aggregate) POWERS & DUTIES OF THE ASSOCIATION Guaranty, assume, or reinsure policies or contracts of the insolvent insurer Can provide substitute policies May impose permanent policy or contract liens Impose moratorium on voluntary withdrawals/surrenders Assist Commissioner in the detection & prevention of insolvencies HEALTH INSURANCE COVERAGE $500,000 for hospital, medical & surgical and major medical $300,000 disability and LTC insurance $200,000 all other health insurance (all per individual per insolvent company) 12

5 13 LIFE INSURANCE COVERAGE ANNUITY COVERAGE AGGREGATE COVERAGE LIMIT $100,000 of cash surrender value $300,000 of death benefits $5 million per owner of multiple non-group policies (i.e. COLI/BOLI) $100,000 of the present value of annuity benefits per insured life (individual and allocated group annuities) $100,000 per payee for structured settlement immediate annuities $300,000 of aggregate benefits for an individual per insolvent company (with the exception of the Major Medical health limit, which is $500,000 and COLI/BOLI life limit and unallocated annuity limit which is $5 million) (all per insured life per insolvent company) $5 million per owner of unallocated group annuity (all per insolvent company) 14 This comes into play when a policyholder has multiple policies of different lines of insurance with the same company (i.e. life insurance policies and annuity contracts) 15

6 16 COVERAGE EXCLUSIONS Portion in excess of Moody s adjustment (rollback and roll forward) Portion under which the risk is borne by the policyholder (not guaranteed by the insurer) Reinsurance (i.e. not direct policies) POLICY OBLIGATION FULFILLMENT Self funded insurance plans PBGC protected annuities Dividends, voting rights, experience rating refunds Unallocated annuities not issued in connection with a benefit plan or governmental lottery Unauthorized insurance Extra contractual items not part of the express written terms of the policy, such as claims based on marketing materials, side letters/riders not part of the approved policy form, misrepresentation, etc. Administer and Directly Pay Policy Benefits Seek Assumption Reinsurance Transfer Multi-State Insolvencies Involve Coordination through the National Organization of Life & Health Insurance Guaranty Associations There are others 17 Cancel Policies As Permitted and When Economically Advantageous Continue Coverage that Cannot Be Cancelled TLAHHSIGA ASSESSMENTS Class A - Collects funds for administrative & general expenses not related to a specific insolvent insurer ($5.4 million since inception) Class B Collects funds for the expenses (admin and claims payments) related to a specific insolvent insurer ($701 million since inception) Assessed by line (Life, Health or Annuity) and limited to 2% annually of prior years premium Class A payments may be offset against examination expenses Class B payments may be offset against premium taxes (20% per year) 18

7 RECEIVERSHIP BASICS What is an insurance company receivership? Who is involved and what are their roles and responsibilities? What happens to the insurance policies and annuity contracts? What and when are policyholders told? What assistance can an agent provide for their clients? WHAT IS A RECEIVERSHIP & WHO S INVOLVED? Receivership vs. Bankruptcy State court proceeding Governed by the domestic state s laws Court Domestic State Insurance Commissioner Will appoint a Deputy Liquidator or Special Deputy Receiver Creditors State Guaranty Associations Policyholders Agents Vendors Equity Holders/Owners GUARANTY ASSOCIATIONS ROLE Protect policyholders Ensure continuation of certain policies Administer policies and fund covered claims Guarantee, assume, or reinsure policies Minimize assessment needs through asset recovery Collaborate with deputy receiver/liquidator on asset recovery and receivership closing Domestic vs. foreign company Single vs. multi-state insolvency

8 National Organization of Life & Health Insurance Guaranty Associations (NOLHGA) Coordination of guaranty associations activities in multi-state insolvencies through task forces and the Members Participation Council (MPC) Speed resolution and control costs Oversight of task force consultants Advisor to industry groups and NAIC Collect assessable premium data Monitor estate activities Serve as information and communication center NOLHGA INSOLVENCY TASK FORCE Multi-state insolvencies Represents interests of all affected GAs MPC decision-making but non-binding authority Resolutions developed are distributed to each GA for participation election Plans & budgets to handle covered obligations Resolves other major receivership issues Size and GA representation dependent on case LIQUIDATOR/RECEIVER S ROLE Supervise seized company s activities Determine if/when insolvency occurs Develop Rehabilitation/Liquidation Plan Marshall assets Identify, classify and quantify creditor s claims Prosecute claims against third parties Distribute assets per statutory scheme

9 RECEIVERSHIP FOR THE POLICYHOLDER Guaranty associations always attempt to minimize the disruption of benefits and make the transition seamless (pay premiums and submit claims just as before with changes being made behind the scenes) Administration changes, if necessary, will be communicated in writing (discretion applied when confusion occurs) Fully covered versus partially or uncovered policies Uncovered amounts can be filed against the estate on a Proof of Claim and may receive a distribution in the future Agents can provide a conduit for distribution of information from Liquidator and the guaranty associations 26 WHAT S ON THE HORIZON? Current court ordered rehabilitations Penn Treaty Network America Insurance Company American Network Insurance Company Imerica Life & Health Insurance Company Standard Life Insurance Company of Indiana Shenandoah Life Insurance Company 2011 Session of Texas Legislature Federal Financial Services Reform Texas Life, Accident, Health & Hospital Service Insurance Guaranty Association 6504 Bridge Point Parkway, Suite 450 Austin, TX (800)

The Safety Net for Texas Insurance Policyholders

The Safety Net for Texas Insurance Policyholders The Safety Net for Texas Insurance Policyholders 1 PRESENTATION ITEMS History of State Guaranty Associations TLAHHSIGA Background Purpose & Membership Board of Directors, Operational Information & Financial

More information

2. What kinds of insurance policies are covered by the Texas Guaranty Association?

2. What kinds of insurance policies are covered by the Texas Guaranty Association? The following information is intended to answer common questions about the Texas Life & Health Insurance Guaranty Association (the Texas Guaranty Association ) and the coverage it provides to policyholders

More information

UnitedHealthcare Insurance Company

UnitedHealthcare Insurance Company UnitedHealthcare Insurance Company 185 Asylum Street Hartford, Connecticut 06103-3408 Policyholder: Synergy Services, Inc. Policy Number: 303968 Effective Date: January 1, 2015 Premium Due Date: January

More information

WEST VIRGINIA CODE CHAPTER 33. INSURANCE. ARTICLE 26A. WEST VIRGINIA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT.

WEST VIRGINIA CODE CHAPTER 33. INSURANCE. ARTICLE 26A. WEST VIRGINIA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT. WEST VIRGINIA CODE CHAPTER 33. INSURANCE. ARTICLE 26A. WEST VIRGINIA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT. 33-26A-1. Short title. This article shall be known and may be cited as the "West

More information

SUMMARY CONCERNING COVERAGE, LIMITATIONS, AND EXCLUSIONS UNDER THE ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT

SUMMARY CONCERNING COVERAGE, LIMITATIONS, AND EXCLUSIONS UNDER THE ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT SUMMARY CONCERNING COVERAGE, LIMITATIONS, AND EXCLUSIONS UNDER THE ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT A resident of Alaska who purchases life insurance, annuities, or accident and

More information

REVISED COVERAGE UNDER THE NEV ADA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

REVISED COVERAGE UNDER THE NEV ADA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION BRIAN SANDOVAL Governor STATE OF NEVADA TERRY JOHNSON Director AMYL.PARKS Acting Commissioner DEPARTMENT OF BUSINESS AND INDUSTRY DIVISION OF INSURANCE 18 18 East College Pkwy., Suite 103 Carson City,

More information

SHENANDOAH LIFE INSURANCE COMPANY QUESTIONS AND ANSWERS Revised March 12, 2009

SHENANDOAH LIFE INSURANCE COMPANY QUESTIONS AND ANSWERS Revised March 12, 2009 SHENANDOAH LIFE INSURANCE COMPANY QUESTIONS AND ANSWERS Revised March 12, 2009 The following is an updated set of questions and answers regarding Shenandoah Life Insurance Company. You may wish to use

More information

NOTICE OF PROTECTION PROVIDED BY ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

NOTICE OF PROTECTION PROVIDED BY ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION NOTICE OF PROTECTION PROVIDED BY ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION This notice provides a brief summary of the Alaska Life and Health Insurance Guaranty Association (Association) and

More information

ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT

ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT 21.79.010. Purpose The purpose of this chapter is to protect, subject to certain limitations, the persons specified in AS 21.79.020(a) against

More information

RULE AND REGULATION 49 LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION NOTICES

RULE AND REGULATION 49 LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION NOTICES Table of Contents RULE AND REGULATION 49 LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION NOTICES Section 1. Section 2. Section 3. Section 4. Section 5. Section 6. Appendix A Appendix B Section 1. Purpose

More information

CHAPTER 43 WYOMING LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION NOTICE

CHAPTER 43 WYOMING LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION NOTICE CHAPTER 43 WYOMING LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION NOTICE Section 1. Authority This regulation is issued pursuant to the authority vested in the Wyoming Insurance Commissioner under W.S.

More information

As Reported by the Senate Insurance Committee. 131st General Assembly Regular Session S. B. No. 223 2015-2016

As Reported by the Senate Insurance Committee. 131st General Assembly Regular Session S. B. No. 223 2015-2016 131st General Assembly Regular Session S. B. No. 223 2015-2016 Senator Bacon Cosponsors: Senators Hottinger, Tavares, Brown A B I L L To amend sections 3956.01 and 3956.04 of the Revised Code to make changes

More information

ARTICLE 42 Life and Health Insurance Guaranty Association

ARTICLE 42 Life and Health Insurance Guaranty Association Section 59A-42-1 59A-42-2 59A-42-3 59A-42-4 59A-42-5 59A-42-6 59A-42-7 59A-42-8 59A-42-9 59A-42-10 59A-42-11 59A-42-12 59A-42-13 59A-42-14 59A-42-15 59A-42-16 59A-42-17 ARTICLE 42 Life and Health Insurance

More information

LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION MODEL ACT

LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION MODEL ACT Model Regulation Service July 2009 LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION MODEL ACT Table of Contents Section 1. Section 2. Section 3. Section 4. Section 5. Section 6. Section 7. Section 8. Section

More information

IC 27-8-8 Chapter 8. Indiana Life and Health Insurance Guaranty Association Law

IC 27-8-8 Chapter 8. Indiana Life and Health Insurance Guaranty Association Law IC 27-8-8 Chapter 8. Indiana Life and Health Insurance Guaranty Association Law IC 27-8-8-0.3 Coverage obligations affected by statutory amendments; governing law Sec. 0.3. (a) The association's coverage

More information

NOTICE OF PROTECTION PROVIDED BY ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

NOTICE OF PROTECTION PROVIDED BY ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ALASKA NOTICE OF PROTECTION PROVIDED BY ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION This notice provides a brief summary of the Alaska Life and Health Insurance Guaranty Association (Association)

More information

NOTICE OF PROTECTION PROVIDED BY ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

NOTICE OF PROTECTION PROVIDED BY ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION NOTICE OF PROTECTION PROVIDED BY ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION This notice provides a brief summary of the Alaska Life and Health Insurance Guaranty Association (Association) and

More information

1 Hour of Self-Study CE

1 Hour of Self-Study CE 1 Hour of Self-Study CE (This self-study course is approved by the Florida Department of Financial Services for continuing education credit. Provider is the Florida Association of Insurance and Financial

More information

THE CONSUMERS SAFETY NET

THE CONSUMERS SAFETY NET INSURANCE GUARANTY ASSOCIATIONS IN CONNECTICUT THE CONSUMERS SAFETY NET Note: It is a prohibited unfair trade practice and a violation of state law for any person to make use in any manner of the existence,

More information

TESTIMONY FOR THE RECORD HEARING ENTITLED INSURANCE OVERSIGHT AND LEGISLATIVE PROPOSALS NOVEMBER 16, 2011

TESTIMONY FOR THE RECORD HEARING ENTITLED INSURANCE OVERSIGHT AND LEGISLATIVE PROPOSALS NOVEMBER 16, 2011 National Organization of Life and Health Insurance Guaranty Associations 13873 Park Center Road, Suite 329 Herndon, VA 20171 Phone: 703.481.5206 Fax: 703.481.5209 www.nolhga.com TESTIMONY FOR THE RECORD

More information

SUMMARY OF THE MONTANA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT AND NOTICE CONCERNING COVERAGE LIMITATIONS AND EXCLUSIONS

SUMMARY OF THE MONTANA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT AND NOTICE CONCERNING COVERAGE LIMITATIONS AND EXCLUSIONS SUMMARY OF THE MONTANA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT AND NOTICE CONCERNING COVERAGE LIMITATIONS AND EXCLUSIONS Residents of Montana who purchase life insurance, annuities or health

More information

NOTICE OF PROTECTION PROVIDED BY ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

NOTICE OF PROTECTION PROVIDED BY ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION NOTICE OF PROTECTION PROVIDED BY ALASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION This notice provides a brief summary of the Alaska Life and Health Insurance Guaranty Association (Association) and

More information

FREQUENTLY ASKED QUESTIONS

FREQUENTLY ASKED QUESTIONS IMPORTANT NOTICE: The following Frequently Asked Questions and answers are intended to provide consumers and their counsel an overview regarding the liquidation of San Antonio Indemnity Company. Milford

More information

Article 62. Life and Health Insurance Guaranty Association.

Article 62. Life and Health Insurance Guaranty Association. Article 62. Life and Health Insurance Guaranty Association. 58-62-1: Repealed by Session Laws 1991, c. 681, s. 57. 58-62-2. Title. This Article shall be known and may be cited as the North Carolina Life

More information

SECOND REGULAR SESSION HOUSE BILL NO. 1144 96TH GENERAL ASSEMBLY INTRODUCED BY REPRESENTATIVE GATSCHENBERGER. D. ADAM CRUMBLISS, Chief Clerk AN ACT

SECOND REGULAR SESSION HOUSE BILL NO. 1144 96TH GENERAL ASSEMBLY INTRODUCED BY REPRESENTATIVE GATSCHENBERGER. D. ADAM CRUMBLISS, Chief Clerk AN ACT SECOND REGULAR SESSION HOUSE BILL NO. 1144 96TH GENERAL ASSEMBLY INTRODUCED BY REPRESENTATIVE GATSCHENBERGER. 4390L.01I D. ADAM CRUMBLISS, Chief Clerk AN ACT To repeal section 376.717, RSMo, and to enact

More information

1 of 20 DOCUMENTS. TENNESSEE CODE ANNOTATED 2013 by The State of Tennessee All rights reserved

1 of 20 DOCUMENTS. TENNESSEE CODE ANNOTATED 2013 by The State of Tennessee All rights reserved Page 1 56-12-201. Short title. 1 of 20 DOCUMENTS TENNESSEE CODE ANNOTATED 2013 by The State of Tennessee All rights reserved *** Current through the 2013 Regular Session *** Annotations current through

More information

Metropolitan Life Insurance Company One Madison Avenue, New York, New York 10010-3690

Metropolitan Life Insurance Company One Madison Avenue, New York, New York 10010-3690 Metropolitan Life Insurance Company One Madison Avenue, New York, New York 10010-3690 Metropolitan Life Insurance Company ( MetLife ), a stock company, will pay the benefits specified in the Exhibits of

More information

The Life & Health Insurance Guaranty Association System The Nation s Safety Net

The Life & Health Insurance Guaranty Association System The Nation s Safety Net The Life & Health Insurance Guaranty Association System The Nation s Safety Net 2014 Edition A Foundation of Protection America s life and health insurance policyholders have a powerful friend one whose

More information

PENN TREATY NETWORK AMERICA INSURANCE COMPANY AMERICAN NETWORK INSURANCE COMPANY FREQUENTLY ASKED QUESTIONS

PENN TREATY NETWORK AMERICA INSURANCE COMPANY AMERICAN NETWORK INSURANCE COMPANY FREQUENTLY ASKED QUESTIONS Revised 1/8/10 STATUS OF PTNA AND ANIC PENN TREATY NETWORK AMERICA INSURANCE COMPANY AMERICAN NETWORK INSURANCE COMPANY FREQUENTLY ASKED QUESTIONS 1. Are Penn Treaty Network America Insurance Company (PTNA)

More information

Insurance Litigation Class Actions, Coverage, Bad Faith and Claim Disputes

Insurance Litigation Class Actions, Coverage, Bad Faith and Claim Disputes Problem Solving for the Insurance Industry This is an expanded overview of the comprehensive services offered by the Lewis Roca Rothgerber Insurance Practice, addressing a detailed scope within each of

More information

An Overview of the Property and Casualty Insurance Guaranty Fund System

An Overview of the Property and Casualty Insurance Guaranty Fund System While American insurance consumers may not know it, they are protected by a nationwide system of insurance guaranty associations (sometimes also called guaranty funds ). State lawmakers and insurance regulators

More information

NEBRASKA PROPERTY AND LIABILITY INSURANCE GUARANTY ASSOCIATION ACT

NEBRASKA PROPERTY AND LIABILITY INSURANCE GUARANTY ASSOCIATION ACT NEBRASKA PROPERTY AND LIABILITY INSURANCE GUARANTY ASSOCIATION ACT Section. 44-2401. Purpose of sections. 44-2402. Kinds of insurance covered. 44-2403. Terms, defined. 44-2404. Nebraska Property and Liability

More information

Prepared By: The Professional Staff of the Committee on Banking and Insurance REVISED:

Prepared By: The Professional Staff of the Committee on Banking and Insurance REVISED: BILL: SB 600 The Florida Senate BILL ANALYSIS AND FISCAL IMPACT STATEMENT (This document is based on the provisions contained in the legislation as of the latest date listed below.) Prepared By: The Professional

More information

Title 24-A: MAINE INSURANCE CODE

Title 24-A: MAINE INSURANCE CODE Title 24-A: MAINE INSURANCE CODE Chapter 11: ASSETS AND LIABILITIES Table of Contents Subchapter 1. ASSETS... 3 Section 901. "ASSETS" DEFINED... 3 Section 901-A. STATUTORY ACCOUNTING PRINCIPLES; RESERVES...

More information

IMPORTANT LEGAL NOTICE

IMPORTANT LEGAL NOTICE IMPORTANT LEGAL NOTICE MAIL THE COMPLETED AND SIGNED FORM AND ALL OF YOUR DOCUMENTATION TO: SAN ANTONIO INDEMNITY COMPANY IN RECEIVERSHIP MILFORD CONSULTING, LLC, SPECIAL DEPUTY RECEIVER P.O. Box 279,

More information

NEBRASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT

NEBRASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT NEBRASKA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT 44-2701. Purpose of act. The purpose of the Nebraska Life and Health Insurance Guaranty Association Act is to protect resident policyowners,

More information

Comparative Review of Workers Compensation Systems in Select Jurisdictions

Comparative Review of Workers Compensation Systems in Select Jurisdictions of Workers Compensation Systems in Select Jurisdictions JURISDICTION: TEXAS ENVIRONMENT Population Size 19.3 million in 1997. Labour Force 8 million (1997) Demographic and Economic Indicators has enjoyed

More information

105-228.4: Recodified as 58-6-7 by Session Laws 1995, c. 360, s. 1(c).

105-228.4: Recodified as 58-6-7 by Session Laws 1995, c. 360, s. 1(c). Article 8B. Taxes Upon Insurance Companies. 105-228.3. Definitions. The following definitions apply in this Article: (1) Article 65 corporation. - A corporation subject to Article 65 of Chapter 58 of the

More information

No. 63 Page 1 of 71 2015

No. 63 Page 1 of 71 2015 No. 63 Page 1 of 71 No. 63. An act relating to principle-based valuation for life insurance reserves and a standard nonforfeiture law for life insurance policies. (H.482) It is hereby enacted by the General

More information

THIS IS AN EXACT COPY OF YOUR POLICY EXCEPT FOR YOUR SPECIFIC INFORMATION SUCH AS NAME, ADDRESS, COVERAGE, AND PREMIUMS TEN DAY FREE LOOK

THIS IS AN EXACT COPY OF YOUR POLICY EXCEPT FOR YOUR SPECIFIC INFORMATION SUCH AS NAME, ADDRESS, COVERAGE, AND PREMIUMS TEN DAY FREE LOOK American Century Life Insurance Company of Texas (a stipulated premium company) 9708 Congressional Dr. Plano, TX 75025 Phone (855) 966-1111, Fax (855) 855-0181 THIS IS AN EXACT COPY OF YOUR POLICY EXCEPT

More information

LATE FILED PROOF OF CLAIM AGAINST RELIANCE INSURANCE COMPANY, IN LIQUIDATION Please Read Carefully

LATE FILED PROOF OF CLAIM AGAINST RELIANCE INSURANCE COMPANY, IN LIQUIDATION Please Read Carefully LATE FILED PROOF OF CLAIM AGAINST RELIANCE INSURANCE COMPANY, IN LIQUIDATION Please Read Carefully The filing deadline established by the Commonwealth Court for Proofs of Claim against Reliance Insurance

More information

SENATE BILL 5180. State of Washington 64th Legislature 2015 Regular Session

SENATE BILL 5180. State of Washington 64th Legislature 2015 Regular Session Z-0.1 SENATE BILL State of Washington th Legislature 01 Regular Session By Senators Benton, Mullet, Angel, Hobbs, Hargrove, Keiser, and Darneille; by request of Insurance Commissioner Read first time 01/1/1.

More information

CHAPTER 26.1-35 STANDARD VALUATION LAW

CHAPTER 26.1-35 STANDARD VALUATION LAW CHAPTER 26.1-35 STANDARD VALUATION LAW 26.1-35-00.1. (Contingent effective date - See note) Definitions. In this chapter, the following definitions apply on or after the operative date of the valuation

More information

The Vermont Life & Health Insurance Guaranty' Association

The Vermont Life & Health Insurance Guaranty' Association Report of the Statutory Examination of The Vermont Life & Health Insurance Guaranty' Association By the: Vermont Department of Banking, Insurance, Securities and Health Care Administration Division of

More information

REFERENCE ACTION ANALYST STAFF DIRECTOR or. 1) Insurance & Banking Subcommittee 12 Y, 0 N, As CS Lloyd Luczynski

REFERENCE ACTION ANALYST STAFF DIRECTOR or. 1) Insurance & Banking Subcommittee 12 Y, 0 N, As CS Lloyd Luczynski HOUSE OF REPRESENTATIVES STAFF ANALYSIS BILL #: CS/HB 467 Insurance Guaranty Association Assessments SPONSOR(S): Insurance & Banking Subcommittee; Broxson TIED BILLS: IDEN./SIM. BILLS: SB 828 REFERENCE

More information

Insolvency Trends 2010 Mid Year Report A Publication of the National Conference of Insurance Guaranty Funds

Insolvency Trends 2010 Mid Year Report A Publication of the National Conference of Insurance Guaranty Funds Insolvency Trends 2010 Mid Year Report A Publication of the National Conference of Insurance Guaranty Funds Welcome to the 2010 mid-year issue of the NCIGF s Insolvency Trends. Authored by the legal and

More information

Updated 2013 14 Wis. Stats. Published and certified under s. 35.18. November 19, 2015. CHAPTER 623 INSURANCE ACCOUNTING AND RESERVES

Updated 2013 14 Wis. Stats. Published and certified under s. 35.18. November 19, 2015. CHAPTER 623 INSURANCE ACCOUNTING AND RESERVES 1 Updated 13 14 Wis. Stats. INSURANCE ACCOUNTING AND RESERVES 623.06 CHAPTER 623 INSURANCE ACCOUNTING AND RESERVES 623.01 Applicability. 623.02 Standards for accounting rules. 623.03 Valuation of assets.

More information

Infinity Sponsored Errors and Omission Insurance Program Frequently Asked Questions

Infinity Sponsored Errors and Omission Insurance Program Frequently Asked Questions Infinity Sponsored Errors and Omission Insurance Program Frequently Asked Questions 1. What Professional Services does the E&O policy cover? Coverage under the policy applies to Claims arising out of the

More information

University of Arkansas. Your Group Life Insurance Plan

University of Arkansas. Your Group Life Insurance Plan University of Arkansas Your Group Life Insurance Plan Identification No. 112686 021 Underwritten by Unum Life Insurance Company of America 1/17/2014 CERTIFICATE OF COVERAGE Unum Life Insurance Company

More information

House Proposal of Amendment S. 278 An act relating to the department of banking, insurance, securities, and health care. The House proposes to the

House Proposal of Amendment S. 278 An act relating to the department of banking, insurance, securities, and health care. The House proposes to the House Proposal of Amendment S. 278 An act relating to the department of banking, insurance, securities, and health care. The House proposes to the Senate to amend the bill as follows: First: By adding

More information

APPLICATION GROUP CREDIT INSURANCE OUTSTANDING BALANCE

APPLICATION GROUP CREDIT INSURANCE OUTSTANDING BALANCE APPLICATION GROUP CREDIT INSURANCE OUTSTANDING BALANCE Minnesota Life Insurance Company 400 Robert Street North St. Paul, Minnesota 55101-2098 PRIMARY APPLICANT (First, Middle, Last) DATE OF BIRTH SOCIAL

More information

Participant Protections for Defined Benefit Plan Benefits: Benefit Security

Participant Protections for Defined Benefit Plan Benefits: Benefit Security TOPICS IN Pension risk management Participant Protections for Defined Benefit Plan Benefits: Benefit Security As persistent economic and related market factors continue to keep volatility front and center

More information

QUESTIONS AND ANSWERS REGARDING PROPOSED REHABILITATION AND CONVERSION FOR SHENANDOAH LIFE INSURANCE COMPANY June 27, 2011

QUESTIONS AND ANSWERS REGARDING PROPOSED REHABILITATION AND CONVERSION FOR SHENANDOAH LIFE INSURANCE COMPANY June 27, 2011 QUESTIONS AND ANSWERS REGARDING PROPOSED REHABILITATION AND CONVERSION FOR SHENANDOAH LIFE INSURANCE COMPANY June 27, 2011 On May 4, 2011, the Deputy Receiver of Shenandoah Life Insurance Company ( Shenandoah

More information

HAWAII ADMINISTRATIVE RULES TITLE 16 DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS CHAPTER 18

HAWAII ADMINISTRATIVE RULES TITLE 16 DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS CHAPTER 18 HAWAII ADMINISTRATIVE RULES TITLE 16 DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS CHAPTER 18 HAWAII LIFE AND DISABILITY INSURANCE GUARANTY ASSOCIATION SUMMARY DOCUMENT, DISCLAIMER AND WRITTEN NOTICE 16-18-1

More information

Certifies that it has issued the group insurance policy shown below and, subject to the terms of that policy you, the Insured, are eligible.

Certifies that it has issued the group insurance policy shown below and, subject to the terms of that policy you, the Insured, are eligible. COMPANION LIFE INSURANCE COMPANY 7909 PARKLANE ROAD, SUITE 200, COLUMBIA, SC 29223-5666 PO Box 100102, Columbia, SC 29202-3102 (803) 735-1251 (Herein called Companion Life) Certifies that it has issued

More information

A BILL ENTITLED CROWN GLOBAL LIFE INSURANCE (BERMUDA) LTD. ACT 2015

A BILL ENTITLED CROWN GLOBAL LIFE INSURANCE (BERMUDA) LTD. ACT 2015 A BILL ENTITLED CROWN GLOBAL LIFE INSURANCE (BERMUDA) LTD. ACT 2015 WHEREAS a petition has been presented to the Legislature by Reid Finance Limited, a company incorporated in Bermuda on 8 March 1957,

More information

FORC QUARTERLY JOURNAL OF INSURANCE LAW AND REGULATION

FORC QUARTERLY JOURNAL OF INSURANCE LAW AND REGULATION FORC QUARTERLY JOURNAL OF INSURANCE LAW AND REGULATION Summer 1998 June 20, 1998 Vol. X, Edition II CAPTIVE INSURANCE COMPANIES AND WORKERS COMPENSATION GROUP FUNDS IN THE SOUTHEAST: A COMPARATIVE VIEW

More information

Life Insurance Company of North America 1601 Chestnut Street Philadelphia, PA 19192 (215) 761-1000

Life Insurance Company of North America 1601 Chestnut Street Philadelphia, PA 19192 (215) 761-1000 Life Insurance Company of North America 1601 Chestnut Street Philadelphia, PA 19192 (215) 761-1000 NOTICE CONCERNING POLICYHOLDER RIGHTS IN AN INSOLVENCY UNDER THE MINNESOTA LIFE AND HEALTH INSURANCE GUARANTY

More information

Be it enacted by the People of the State of Illinois,

Be it enacted by the People of the State of Illinois, AN ACT concerning insurance. Be it enacted by the People of the State of Illinois, represented in the General Assembly: Section 5. The Illinois Insurance Code is amended by changing Sections 223 and 229.2

More information

CHAPTER 2013-163. Committee Substitute for Committee Substitute for Senate Bill No. 166

CHAPTER 2013-163. Committee Substitute for Committee Substitute for Senate Bill No. 166 CHAPTER 2013-163 Committee Substitute for Committee Substitute for Senate Bill No. 166 An act relating to annuities; amending s. 627.4554, F.S.; providing that recommendations relating to annuities made

More information

STANDARD INSURANCE COMPANY

STANDARD INSURANCE COMPANY STANDARD INSURANCE COMPANY A Stock Life Insurance Company 900 SW Fifth Avenue Portland, Oregon 97204-1282 (503) 321-7000 CERTIFICATE GROUP LIFE INSURANCE Policyholder: School Administrators Special Services

More information

2014 Group Benefits Employer Markets Legislative Notice

2014 Group Benefits Employer Markets Legislative Notice 2014 Group Benefits Employer Markets Legislative Notice Employee Version Note: The purpose of this Notice is to provide an overview of new laws primarily passed in 2014 that may impact your insurance policy.

More information

This rule was filed as 13 NMAC 9.3. LIFE INSURANCE AND ANNUITIES VARIABLE ANNUITY CONTRACTS

This rule was filed as 13 NMAC 9.3. LIFE INSURANCE AND ANNUITIES VARIABLE ANNUITY CONTRACTS This rule was filed as 13 NMAC 9.3. TITLE 13 CHAPTER 9 PART 3 INSURANCE LIFE INSURANCE AND ANNUITIES VARIABLE ANNUITY CONTRACTS 13.9.3.1 ISSUING AGENCY: New Mexico State Corporation Commission [Public

More information

YOUR GROUP AD&D INSURANCE PLAN

YOUR GROUP AD&D INSURANCE PLAN YOUR GROUP AD&D INSURANCE PLAN Policy Issued To: California State Firefighters' Employee Welfare Benefits Corporation Base AD&D Acct 1 6CC000 B-13082 4-14 CONTENTS OUTLINE OF COVERAGE...........................................

More information

Arkansas Insurance Department

Arkansas Insurance Department Mike Beebe Governor Jay Bradford Commissioner July 22, 2013 BULLETIN NO.: 15-2013 TO: FROM: SUBJECT: All Licensed Foreign, Alien and Domestic Insurers, Accredited/Trusteed Reinsurers, Farmers' Mutual Aid

More information

NC General Statutes - Chapter 58 Article 5 1

NC General Statutes - Chapter 58 Article 5 1 Article 5. Deposits and Bonds by Insurance Companies. 58-5-1. Deposits; use of master trust. Notwithstanding any other provision of law, the Commissioner is authorized to select a bank or trust company

More information

Frequently Asked Questions About Ullico Casualty Company in Liquidation

Frequently Asked Questions About Ullico Casualty Company in Liquidation Frequently Asked Questions About Ullico Casualty Company in Liquidation 1. What is a Liquidation Proceeding? When an insurance company is impaired, insolvent, in unsound condition, or its further transaction

More information

Name of Policyholder: ARCHDIOCESE OF ST. LOUIS. of each policy month

Name of Policyholder: ARCHDIOCESE OF ST. LOUIS. of each policy month AMENDMENT TO GROUP POLICY GL-677885 PROCESSED ON APRIL 16, 2010. ANY CHANGES BETWEEN THIS POLICY AND THE PREVIOUSLY ISSUED POLICY ARE EFFECTIVE JULY 1, 2010. ALL OTHER TERMS, CONDITIONS AND DATES REMAIN

More information

Texas Department of Insurance. issued by the

Texas Department of Insurance. issued by the This section of the Texas Department of Insurance s 132nd Annual Report presents statistical information on companies placed in supervision, conservatorship and receivership. It also contains financial

More information

EarlyIncome Annuity Plan

EarlyIncome Annuity Plan EarlyIncome Annuity Plan HSBC Life (International) Limited HSBC Life (International) Limited ( the Company ) is incorporated in Bermuda with limited liability, and is one of the HSBC Group s insurance

More information

Things You Should Know Before You Buy Long-Term Care

Things You Should Know Before You Buy Long-Term Care Things You Should Know Before You Buy Long-Term Care Long-Term Care Insurance A long-term care insurance policy may pay most of the costs for your care in a nursing home. Many policies also pay for care

More information

The History of the Life Insurance Industry Provides Good Reasons for Investor Confidence in the Secondary Market

The History of the Life Insurance Industry Provides Good Reasons for Investor Confidence in the Secondary Market The History of the Life Insurance Industry Provides Good Reasons for Investor Confidence in the Secondary Market Like the life insurance industry itself, the secondary market for life insurance is a risk

More information

16 LC 37 2118ER A BILL TO BE ENTITLED AN ACT BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:

16 LC 37 2118ER A BILL TO BE ENTITLED AN ACT BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: Senate Bill 347 By: Senator Bethel of the 54th A BILL TO BE ENTITLED AN ACT 1 2 3 4 5 6 To amend Title 33 of the Official Code of Georgia Annotated, relating to insurance, so as to provide for extensive

More information

CHAPTER 179. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey: 1. R.S.34:15-104 is amended to read as follows:

CHAPTER 179. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey: 1. R.S.34:15-104 is amended to read as follows: CHAPTER 179 AN ACT concerning the workers' compensation security funds and amending and repealing various sections of chapter 15 of Title 34 of the Revised Statutes. BE IT ENACTED by the Senate and General

More information

THIS IS AN EXACT COPY OF YOUR POLICY EXCEPT FOR YOUR SPECIFIC INFORMATION SUCH AS NAME, ADDRESS, COVERAGE, AND PREMIUMS

THIS IS AN EXACT COPY OF YOUR POLICY EXCEPT FOR YOUR SPECIFIC INFORMATION SUCH AS NAME, ADDRESS, COVERAGE, AND PREMIUMS American Century Life Insurance Company of Texas (a stipulated premium company) Phone (855) 966-1111, Fax (855) 855-0181 THIS IS AN EXACT COPY OF YOUR POLICY EXCEPT FOR YOUR SPECIFIC INFORMATION SUCH AS

More information

First Name MI Last Employer Street Address City State Zip

First Name MI Last Employer Street Address City State Zip FICA Alternative DISTRIBUTION FORM (Requested by Employee) Death Claims These are given special handling by JEM. Please call us at call 1-800-943-9179 for assistance. Participant Information First Name

More information

IMPLICATIONS UNDER HIPAA FOR SALES OF HEALTH INSURANCE BUSINESS

IMPLICATIONS UNDER HIPAA FOR SALES OF HEALTH INSURANCE BUSINESS IMPLICATIONS UNDER HIPAA FOR SALES OF HEALTH INSURANCE BUSINESS Barry Senterfitt, Esq. (512) 499-6216 A person or entity seeking to acquire existing health insurance or HMO business generally may pursue

More information

INSURANCE PREMIUMS TAX RETURN

INSURANCE PREMIUMS TAX RETURN 74A100 (1-15) Commonwealth of Kentucky DEPARTMENT OF REVENUE INSURANCE PREMIUMS TAX RETURN For Calendar Year 2014 Return Due March 1, 2015 FOR OFFICIAL USE ONLY 3 2 / 2 0 1 4 / * Tax Year Tr. Account Number

More information

MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION PLAN OF OPERATION

MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION PLAN OF OPERATION MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION PLAN OF OPERATION (As revised and adopted by the Board of Directors of the Association on May 18, 2006; Effective upon the written approval of

More information

SUPPLEMENTAL NOTE ON SUBSTITUTE FOR SENATE BILL NO. 11

SUPPLEMENTAL NOTE ON SUBSTITUTE FOR SENATE BILL NO. 11 Corrected SESSION OF 2007 SUPPLEMENTAL NOTE ON SUBSTITUTE FOR SENATE BILL NO. 11 As Amended by House Committee of the W hole Brief* Sub. for SB 11, as amended by the House Committee of the Whole, would

More information

AMERICAN MARITIME OFFICERS PENSION PLAN MONEY PURCHASE BENEFIT (MPB) DISTRIBUTION ELECTION FORM

AMERICAN MARITIME OFFICERS PENSION PLAN MONEY PURCHASE BENEFIT (MPB) DISTRIBUTION ELECTION FORM For AMO Plans Use Only LDCE: AMERICAN MARITIME OFFICERS PENSION PLAN MONEY PURCHASE BENEFIT (MPB) DISTRIBUTION ELECTION FORM IMPORTANT NOTE: Please return pages 1-4 of this form for the processing of your

More information

ANALYSIS OF PROPOSED BILLS TO REFORM THE WORKERS COMPENSATION SYSTEM

ANALYSIS OF PROPOSED BILLS TO REFORM THE WORKERS COMPENSATION SYSTEM ANALYSIS OF PROPOSED BILLS TO REFORM THE WORKERS COMPENSATION SYSTEM Part O of Senate Bill 2605 / Assembly 3005, which is part of the proposed budget bill introduced by Governor Cuomo proposes to reform

More information

VEST & MESSERLY, P.A.

VEST & MESSERLY, P.A. VEST & MESSERLY, P.A. Minnesota Probate Attorneys Experienced. Trusted. Local. 763-566-3720 A Guide to Minnesota Probate When a loved one passes away, family and friends are called upon to make important

More information

NC General Statutes - Chapter 58 Article 49 1

NC General Statutes - Chapter 58 Article 49 1 Article 49. Determination of Jurisdiction Over Providers of Health Care Benefits; Regulation of Multiple Employer Welfare Arrangements. 58-49-1. Purposes. The purposes of this section and G.S. 58-49-5

More information

CREDIT FOR REINSURANCE MODEL LAW. Preface to Credit for Reinsurance Models

CREDIT FOR REINSURANCE MODEL LAW. Preface to Credit for Reinsurance Models Model Regulation Service 1 st Quarter 2016 Preface to Credit for Reinsurance Models The amendments to the NAIC Credit for Reinsurance Model Law (#785) & Regulation (#786) are part of a larger effort to

More information

HOUSE OF REPRESENTATIVES FINAL BILL ANALYSIS SUMMARY ANALYSIS

HOUSE OF REPRESENTATIVES FINAL BILL ANALYSIS SUMMARY ANALYSIS HOUSE OF REPRESENTATIVES FINAL BILL ANALYSIS BILL #: CS/HB 509 FINAL HOUSE FLOOR ACTION: SPONSOR(S): Regulatory Affairs Committee; Van Zant 112 Y s 0 N s COMPANION BILLS: (SB 356) GOVERNOR S ACTION: Approved

More information

Minnesota Workers' Compensation Assigned Risk Plan. Financial Statements Together with Independent Auditors' Report

Minnesota Workers' Compensation Assigned Risk Plan. Financial Statements Together with Independent Auditors' Report Minnesota Workers' Compensation Assigned Risk Plan Financial Statements Together with Independent Auditors' Report December 31, 2012 CONTENTS Page INDEPENDENT AUDITORS' REPORT 1 FINANCIAL STATEMENTS: Balance

More information

Annual Funding Notice For TOTAL Finance USA, Inc. Cash Balance Pension Plan

Annual Funding Notice For TOTAL Finance USA, Inc. Cash Balance Pension Plan Annual Funding Notice For TOTAL Finance USA, Inc. Cash Balance Pension Plan Introduction This notice includes important information about the funding status of your pension plan ( the Plan ) and general

More information

ASSEMBLY, No. 1699 STATE OF NEW JERSEY. 214th LEGISLATURE PRE-FILED FOR INTRODUCTION IN THE 2010 SESSION

ASSEMBLY, No. 1699 STATE OF NEW JERSEY. 214th LEGISLATURE PRE-FILED FOR INTRODUCTION IN THE 2010 SESSION ASSEMBLY, No. STATE OF NEW JERSEY th LEGISLATURE PRE-FILED FOR INTRODUCTION IN THE 0 SESSION Sponsored by: Assemblyman JOHN J. BURZICHELLI District (Salem, Cumberland and Gloucester) Co-Sponsored by: Assemblyman

More information

Blanket Accident Policy

Blanket Accident Policy Blanket Accident Policy Hartford Life and Accident Insurance Company Simsbury, Connecticut 06089 (A stock insurance company) We will pay benefits according to the conditions of this Policy. Signed for

More information

58-58-50. Standard Valuation Law.

58-58-50. Standard Valuation Law. 58-58-50. Standard Valuation Law. (a) This section shall be known as the Standard Valuation Law. (b) Each year the Commissioner shall value or cause to be valued the reserve liabilities ("reserves") for

More information

Review Requirements Checklist Medical Professional Liability

Review Requirements Checklist Medical Professional Liability REQUIREMENTS COMMENTS FORMS Applications Filing Applications T11 NCAC 10.1201 (c) Applications or Declarations Pages that are used with Policy forms shall be submitted to and approved by the commissioner.

More information

IDAHO INSURANCE GUARANTY ASSOCIATION ACT

IDAHO INSURANCE GUARANTY ASSOCIATION ACT IDAHO INSURANCE GUARANTY ASSOCIATION ACT 41-3601. Short title This act shall be known and may be cited as the "Idaho Insurance Guaranty Association Act." [1970, ch. 152, 1.] 41-3602. Repealed. 1997, ch.

More information

Income Goal Insurance Plan

Income Goal Insurance Plan Income Goal Insurance Plan HSBC Life (International) Limited HSBC Life (International) Limited ( the Company ) is incorporated in Bermuda with limited liability, and is one of the HSBC Group s insurance

More information

SUITABILITY IN ANNUITY TRANSACTIONS MODEL REGULATION

SUITABILITY IN ANNUITY TRANSACTIONS MODEL REGULATION Model Regulation Service April 2010 SUITABILITY IN ANNUITY TRANSACTIONS MODEL REGULATION Table of Contents Section 1. Section 2. Section 3. Section 4. Section 5. Section 6. Section 7. Section 8. Section

More information

MAINE INSURANCE PREMIUMS TAX RETURN

MAINE INSURANCE PREMIUMS TAX RETURN FORM INS-4 MAINE INSURANCE PREMIUMS TAX RETURN WHO MUST FILE With the exception of captive insurance companies and risk retention groups, every insurance company, association, producer or attorney-in-fact

More information

04H INSURANCE COMPARISON OF BUDGETED FISCAL YEAR 1999-2000 TO TOTAL RECOMMENDED FISCAL YEAR 2000-2001 (INCLUSIVE OF DOUBLE COUNTED EXPENDITURES)

04H INSURANCE COMPARISON OF BUDGETED FISCAL YEAR 1999-2000 TO TOTAL RECOMMENDED FISCAL YEAR 2000-2001 (INCLUSIVE OF DOUBLE COUNTED EXPENDITURES) GRAND TOTAL DEPARTMENT OF General Fund $0 $0 $0 Interagency Transfers $0 $0 $0 Fees and Self Gen. $25,755,784 $18,022,212 ($7,733,572) Statutory Dedications $588,586 $802,404 $213,818 Interim Emergency

More information

HOUSE OF REPRESENTATIVES STAFF ANALYSIS

HOUSE OF REPRESENTATIVES STAFF ANALYSIS HOUSE OF REPRESENTATIVES STAFF ANALYSIS BILL #: CS/HB 1429 Florida Workers' Compensation Joint Underwriting Association, Inc. SPONSOR(S): Jobs & Entrepreneurship Council; Grant TIED BILLS: IDEN./SIM. BILLS:

More information