COMMITTEE ON FINANCIAL INSTITUTIONS AND INSURANCE
|
|
- Logan Gibbs
- 8 years ago
- Views:
Transcription
1 COMMITTEE ON FINANCIAL INSTITUTIONS AND INSURANCE Representative Ted Carpenter, Committee Chairman Melissa Taylor, Legislative Research Analyst * Strike-everything Amendment [E] Emergency Clause [P 108] Proposition 108 Clause Bill Chapter Short Title Page HB [E] state employee self-insurance; repeal mandate HB *adverse underwriting decisions; credit history HB mortgage guaranty insurance HB credit unions HB insurers; continuing education; extension HB vehicles; uninsured coverage; limits; notice HB captive insurers HB long-term care insurance HB insurance holding company systems HB *vehicle claims; lienholders; notice HB Arizona corporation commission; investment management HB securities sales; Arizona corporation commission HB health care insurer; coverage; reporting HB life insurance; annuities; replacement HB *towed vehicle retrieval; insurance companies HB escrow agents; deposit forms HB credit life; disability reinsurers; reserves SB ASRS; investment management; requirement SB insurance policy; grounds for cancellation SB residential property insurance; prohibited acts SB revised uniform trust code
2
3 HB Chapter 2 [E] - state employee self-insurance; repeal mandate Eliminates the requirement that the state self-insure by October 1, The bill also provides that the state may continue to seek a variety of insurance plans and may selfinsure upon the review of the Joint Legislative Budget Committee. HB Chapter adverse underwriting decisions; credit history Requires insurance companies to provide the four factors that were the primary causes of an adverse underwriting action. The bill also identifies certain types of credit history that may not be used for the calculation of an insurance score for underwriting purposes as follows: Absence of credit history or the inability to determine a consumer s credit history unless it is actuarially justified. Credit history or insurance scores based on collection accounts identified with a medical industry code. A bankruptcy or lien satisfaction that is more than seven years old. The use of a particular type of credit card, charge card or debit card unless it is actuarially justified. The total available line of credit, except that an insurer may consider the total amount of outstanding debt. An insurance score that uses income, gender, address, zip code, ethnic group, religion, marital status or nationality of the consumer as a factor. The bill clarifies that this provision does not prohibit an insurer from using zip code, address, gender and marital status information for underwriting purposes. HB 2148 Chapter 28 mortgage guaranty insurance Conforms the file and use process for mortgage guaranty insurance with those for other insurance products under the competitive ratings law. Eliminates mortgage guaranty insurance as being exempt from the filing requirements delineated in A.R.S Removes archaic statutory timelines for mortgage guaranty insurance established in A.R.S and refers to the uniform rate form and approval process in A.R.S Mortgage guaranty insurance rates shall be filed with the director for use in this state within 30 days and will take effect within 30 days if not disapproved. HB 2149 Chapter 110 credit unions Requires credit unions be examined at least once every 24-month period (similar to state-chartered banks, savings and loans). The bill allows the board of directors to be the initial actor on loans to officials of the credit union of at least $20,000 (in aggregate) or greater as determined by the State Superintendent of Banking. Corporate credit unions may provide payment systems and correspondent services to its members, nonmember credit unions or other corporate credit unions and credit union organizations
4 and associations. The measure also provides insured state-chartered credit unions with the same rights, powers, privileges, exemptions and immunities as any credit union chartered under the laws of the United States. HB 2150 Chapter 216 insurers; continuing education Extends the delayed repeal date for the continued education requirement for nonresident producers through June 30, HB 2151 Chapter 86 vehicles; uninsured coverage; limits; notice Eliminates the requirement of insurers to complete the Uninsured and Underinsured (UM/UIM) selection of limits or rejection of coverage form when an insured purchases UM/UIM coverage that is equal to the liability limits contained in their automobile policy. HB 2152 Chapter 242 captive insurers Modifies Arizona s captive insurance laws to permit the formation of protected cell, group and agency captive insurers and establishes the formation and financial requirements for these forms of captives. The bill also establishes a captive insurance fund consisting of collected fees to support the administration of the captive insurance program. Unencumbered monies in the fund exceeding $100,000 will revert to the General Fund and the department will not receive an appropriation for the captive program for any fiscal year that the department had at least 25 captive insurers holding an active certificate of authority. HB Chapter long-term care insurance Makes changes to Arizona s long term care laws in relation to the approval and disapproval of rates, terms and conditions of coverage, rulemaking authority for eligibility, renewability, premium adequacy, as well as reflect the federal laws providing federal tax qualified benefits. The bill requires insurers to provide consumers with an option to purchase nonforfeiture benefits (which provides the insured some benefit options if they stop paying premiums). Should the consumer reject the nonforfeiture benefit, insurers must provide a contingent benefit on lapse of coverage that will be available for a specified period of time if an insured experiences a substantial increase in premiums. The Department of Insurance must promote premium adequacy and protect policyholders in the event of substantial rate increases. HB Chapter insurance holding company systems Makes conforming changes to the investment limitation provisions of Arizona s Holding Company Act to the National Association of Insurance Commissioners model law as follows. Excludes investments in domestic or foreign insurance subsidiaries and health care service organizations from the calculation of investments of insurance holding companies. Permits the investment of stock and other securities in subsidiaries that are engaged exclusively in the ownership and management of assets authorized as investments for the insurer. Eliminates the provision that requires the director s approval of investments referencing calculations that are no longer contained in the NAIC model.
5 HB Chapter *vehicle claims; lienholders; notice Requires an insured or claimant to provide information regarding the existence of a lien or encumbrance on a vehicle when making an insurance claim. HB 2156 does not apply for claims under $2,500 and does not apply to insurers that make claims payments payment to both the insured and claimant and all lienholders or vehicle lessors or to a repair facility. HB Chapter 29 - Arizona corporation commission; investment management Confirms that the Commission has the authority to conduct private or public investigations and to require nondisclosure (A.R.S ) of subpoenas issued in relation to an investigation. The bill also provides for an appointment of a conservator or receiver to handle the affairs of someone in violation of law. HB Chapter 30 - securities sales; Arizona corporation commission Specifies that financial institutions must not disclose the existence of a subpoena issued in connection to an investigation. The bill contains other enforcement provisions relating to the sale of securities. HB 2159 also amends the Arizona Securities Act to reflect the federal statute of limitations for securities fraud contained in the Sarbanes-Oxley Act of Specifically, the bill extends the statute of limitations for a civil action to be brought no later than the earlier of two years after the discovery of the facts constituting the violation or five years after a violation occurs. HB Chapter 55 - health care insurer; coverage; reporting Eliminates the repeal date of January 1, 2004 for the reporting requirement of insurers to provide information on Health Insurance Portability and Accountability Act (HIPAA) compliance. The bill includes the accounting for the number of HIPAA-eligible individuals covered by policies that were issued at the end of each previous calendar year. HB 2169 also eliminates the repeal date of ARS , retaining the ability for health insurers to apply for a suspension of obligation to provide guaranteed issuance of coverage. HB 2186 Chapter 224 life insurance; annuities; replacement HB 2186 adopts National Association of Insurance Commissioners (NAIC) model regulation relating to disclosure requirements for the sale of annuities. The bill also updates and codifies Arizona Administrative Code rules for replacement of life insurance policies to also include annuities. The legislation extends the free look provision for annuities contracts to 30 days for individuals 65 years and older. HB Chapter *towed vehicle retrieval; insurance companies HB 2267 requires a towing company, upon request and payment of fees, to release a towed vehicle to an insurance company representative if the representative produces the required identification. Specific required information includes the following: Name of the insurer. Name, address, telephone, and fax number of a representative of the insurer. Name of the insured and claimant. Claim number. Name of person the insurer authorizes release of the vehicle. Signature of authorized representative. The release may be delivered by fax, mail or hand delivery.
6 HB 2269 Chapter 226 escrow agents; deposit forms Establishes cashier s checks, certified checks or teller s checks as valid forms of deposit and not required to be governed by the Federal Expedited Funds Availability Act. The bill also specifies that checks made by an affiliate of a state or federally regulated depository institution where the check is drawn on that institution are valid forms of deposit. HB 2340 Chapter 81 credit life; disability reinsurers; reserves Allows credit life and disability reinsurers to apply an irrevocable and unconditional letter of credit towards the minimum reserve requirements as a condition of licensure. SB 1225 Chapter 63 ASRS; investment management; requirement Recognizes the Association for Investment Management and Research (AIMR), instead of the Institute of Chartered Financial Analysts (ICFA), as the association that administers the chartered financial analyst program. The bill specifies that the Association of Investment for Management and Research shall determine if a chartered financial analyst is in good standing for Arizona State Retirement System board membership. SB 1265 Chapter 120 insurance policy; grounds for cancellation Requires a homeowners insurance company to obtain information related to the property at the time an application for insurance coverage is made or before the issuance of a binder of insurance coverage. The bill specifies that failure to timely obtain the required information precludes the insurer from declining insurance coverage or terminating a binder of insurance coverage. In addition, the bill states that after 30 days from the application by an insured for insurance coverage, an insurance provider cannot decline or terminate insurance coverage based on information obtained from a consumer report, data bases maintained by an insurance support organization or consumer reporting agency. An insurer may decline or terminate insurance coverage based on the condition of the premises through a physical inspection. SB 1265 contains an effective date from and after December 31, SB 1266 Chapter 131 residential property insurance; prohibited acts Prohibits insurance companies from increasing homeowner s insurance premiums resulting from filed claims that are below the deductible without payment of claims being made, not exceeding $500 in the previous three years. SB 1351 Chapter 212 revised uniform trust code Codifies the Uniform Trust Code adopted by the National Conference of Commissioners on Uniform State Laws (NCCUSL) which govern voluntary trusts. The bill specifies that the Code applies to express trusts, charitable or noncharitable trusts and trusts created pursuant to a statute, judgment or decree that requires the trust to be administered in the manner of an express trust.
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 informationAPPLICATION PROCEDURES FOR COMPANIES SEEKING TO DO BUSINESS IN FLORIDA 69O-136.002
State of Florida - Governor Rick Scott The Office of Fiscal Accountability and Regulatory Reform (OFARR) Results of the Comprehensive Rule Review (Executive Order 11-72) as supplemented by the Enhanced
More informationHOUSE 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 informationDISTRICT OF COLUMBIA OFFICIAL CODE
DISTRICT OF COLUMBIA OFFICIAL CODE TITLE 31. INSURANCE AND SECURITIES. CHAPTER 50B. TITLE INSURANCE PRODUCERS. 2001 Edition DISTRICT OF COLUMBIA OFFICIAL CODE CHAPTER 50B. TITLE INSURANCE PRODUCERS. TABLE
More informationThis 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 informationARTICLE 20:06 INSURANCE. 20:06:06 Credit life, health, and unemployment insurance.
ARTICLE 20:06 INSURANCE Chapter 20:06:01 Administration. 20:06:02 Individual risk premium, Repealed. 20:06:03 Domestic stock insurers. 20:06:04 Insider trading of equity securities. 20:06:05 Voting proxies
More informationSUMMARY OF INSURANCE LAWS ENACTED BY THE 2013 MARYLAND GENERAL ASSEMBLY
OF INSURANCE LAWS ENACTED BY THE 2013 MARYLAND GENERAL ASSEMBLY 2013 HOUSE BILLS HB 228 Ch. 159 HB 342 Ch. 270 SB 446 Ch. 269 HB 348 Ch. 98 HB 354 Ch. 103 HB 360 Ch. 106 HB 361 Ch. 368 HB 370 Ch. 226 SB
More informationCHAPTER 26.1-02.1 INSURANCE FRAUD
CHAPTER 26.1-02.1 INSURANCE FRAUD 26.1-02.1-01. Definitions. As used in this chapter: 1. "Business of insurance" means the writing of insurance or the reinsuring of risks by an insurer, including acts
More information11/15/06 12:20pm PROPERTY & CASUALTY INSURANCE REFORM COMMITTEE FINAL RECOMMENDATIONS (11/15/06)
PROPERTY & CASUALTY INSURANCE REFORM COMMITTEE FINAL RECOMMENDATIONS (11/15/06) Residential Insurance Market/Consumer Issues 1. Transparency for consumers (residential and commercial). Require the premium
More informationFORC 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 informationSENATE STAFF ANALYSIS AND ECONOMIC IMPACT STATEMENT
SENATE STAFF ANALYSIS AND ECONOMIC IMPACT STATEMENT (This document is based on the provisions contained in the legislation as of the latest date listed below.) BILL: SB 2240 SPONSOR: SUBJECT: Senator Garcia
More informationSPONSOR: Regulated Industries Committee, Senators Silver BILL: CS/SB 626 and Dyer Page 1 SENATE STAFF ANALYSIS AND ECONOMIC IMPACT STATEMENT
Page 1 SENATE STAFF ANALYSIS AND ECONOMIC IMPACT STATEMENT (This document is based only on the provisions contained in the legislation as of the latest date listed below.) Date: March 6, 1998 Revised:
More informationA BILL FOR AN ACT ENTITLED: "AN ACT GENERALLY REVISING CAPTIVE INSURANCE LAWS; PROVIDING
SB00.0 SENATE BILL NO. INTRODUCED BY J. COHENOUR BY REQUEST OF THE STATE AUDITOR 0 A BILL FOR AN ACT ENTITLED: "AN ACT GENERALLY REVISING CAPTIVE INSURANCE LAWS; PROVIDING A PENALTY FOR FAILURE TO FILE
More informationWORKERS COMPENSATION SELF-INSURANCE REQUIREMENTS 79A(1) Minnesota Department of Commerce
WORKERS COMPENSATION SELF-INSURANCE REQUIREMENTS 79A(1) Minnesota Department of Commerce Eva Crawford Self-Insurance Division Self-Insurance Coordinator 85 7th Place East, Suite 500 Phone: (651) 539-1741
More informationPART I ARTICLE. apply to all insurers domiciled in this State unless exempt. (b) The purposes of this article shall be to:
THE SENATE TWENTY-EIGHTH LEGISLATURE, 0 STATE OF HAWAII A BILL FOR AN ACT RELATING TO INSURANCE BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII: PART I SECTION. Chapter, Hawaii Revised Statutes,
More informationTITLE 20. COMMERCE, FINANCIAL INSTITUTIONS, AND INSURANCE CHAPTER 4. DEPARTMENT OF FINANCIAL INSTITUTIONS ARTICLE 1. GENERAL
TITLE 20. COMMERCE, FINANCIAL INSTITUTIONS, AND INSURANCE CHAPTER 4. DEPARTMENT OF FINANCIAL INSTITUTIONS ARTICLE 1. GENERAL Section R20-4-102. Table A. Definitions Licensing Time-frames ARTICLE 9. MORTGAGE
More informationNEW YORK INSURANCE LAW ARTICLE 70 CAPTIVE INSURANCE COMPANIES
NEW YORK INSURANCE LAW ARTICLE 70 CAPTIVE INSURANCE COMPANIES Section 7001. Purpose and applicability. 7002. Definitions. 7003. License; power; filing; fees. 7004. Required capital and surplus as regards
More informationVARIABLE ANNUITY CONTRACTS
RULE AND REGULATION 6 Agency # 054.00 VARIABLE ANNUITY CONTRACTS *Provisions of this rule and regulation as it pertains to variable life insurance have been superseded by Rule and Regulation 33. See Article
More informationTENNESSEE CAPTIVE INSURANCE COMPANIES CHAPTER 0780-01-41
RULES OF TENNESSEE DEPARTMENT OF COMMERCE AND INSURANCE DIVISION OF INSURANCE CHAPTER 0780-01-41 TENNESSEE CAPTIVE INSURANCE COMPANIES TABLE OF CONTENTS 0780-01-41-.01 Purpose and Authority 0780-01-41-.11
More informationCalifornia Life Settlement Qualification Form
PERSONAL INFORMATION California Life Settlement Qualification Form First Insured Name: SS # Current Address: City: State: Zip: Date of Birth: Driver s License Number: State: Expiration: Second Insured
More informationArizona Life Settlement Qualification Form
PERSONAL INFORMATION Arizona Life Settlement Qualification Form First Insured Name: SS # Current Address: City: State: Zip: Date of Birth: Driver s License Number: State: Expiration: Second Insured Name:
More informationLegislative Changes and Jurisdictional Updates, Effective July 1, 2013. Alabama:
Legislative Changes and Jurisdictional Updates, Effective July 1, 2013 Alabama: House Bill 112 (Act 2013 091) signed by the governor April 18 and effective July 1 amends existing unclaimed property law.
More informationMINNESOTA FAIR PLAN ACT. Sections 65A.31 to 65A.42 shall be known and may be cited as the "Minnesota FAIR Plan Act."
65A.31 MINNESOTA FAIR PLAN ACT. MINNESOTA FAIR PLAN ACT Sections 65A.31 to 65A.42 shall be known and may be cited as the "Minnesota FAIR Plan Act." 1969 c 483 s 1; 1993 c 248 s 2 65A.32 PURPOSES. The purposes
More informationProperty and Casualty Review Standards Checklist
Property and Casualty Review Standards Checklist General Filing Requirements apply to all property and casualty lines of insurance. Once you have reviewed the general filing requirements, please page to
More informationBILL ANALYSIS. Senate Research Center S.B. 173 By: Patterson State Affairs 3-24-97 Committee Report (Amended)
BILL ANALYSIS Senate Research Center S.B. 173 By: Patterson State Affairs 3-24-97 Committee Report (Amended) DIGEST Currently, the Texas Constitution prohibits the use of equity in a home for collateral
More informationBILL ANALYSIS. Senate Research Center H.B. 1188 By: Danburg (Patterson, Harris) State Affairs 5-14-97 Engrossed
BILL ANALYSIS Senate Research Center H.B. 1188 By: Danburg (Patterson, Harris) State Affairs 5-14-97 Engrossed DIGEST Currently, state law permits a homeowner to use a home as collateral for only five
More information63rd Legislature AN ACT REPEALING THE MONTANA TITLE LOAN ACT; AMENDING SECTIONS 31-1-106, 31-1-111,
63rd Legislature HB0118 AN ACT REPEALING THE MONTANA TITLE LOAN ACT; AMENDING SECTIONS 31-1-106, 31-1-111, 31-1-112, 31-1-401, AND 32-5-103, MCA; REPEALING SECTIONS 31-1-801, 31-1-802, 31-1-803, 31-1-804,
More informationAuthorized By: Donald Bryan, Acting Commissioner, Department of Banking and Insurance.
BANKING DEPARTMENT OF BANKING AND INSURANCE DIVISION OF BANKING Credit Union Parity Proposed Amendment: N.J.A.C. 3:21-2.1 Authorized By: Donald Bryan, Acting Commissioner, Department of Banking and Insurance.
More informationARIZONA STATE SENATE 46TH LEGISLATURE FIRST REGULAR SESSION
ARIZONA STATE SENATE 46TH LEGISLATURE FIRST REGULAR SESSION MINUTES OF COMMITTEE ON COMMERCE DATE: March 5, 2003 TIME: 9:00 a.m. ROOM: SHR 3 CHAIRMAN: Senator Leff VICE CHAIRMAN: Senator Blendu ANALYST:
More informationA. Introduction. B. Legislation and Regulations
Underwriting Rules A. Introduction All insurers that are licensed to write automobile insurance in Ontario are required to make a filing in respect of their underwriting rules with the (FSCO). The Filing
More informationSUPPLEMENTAL 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 informationCHAPTER 454M MORTGAGE SERVICERS
CHAPTER 454M MORTGAGE SERVICERS SECTION 454M-1 Definitions 454M-2 License required 454M-2.5 Unlicensed foreclosure actions voided 454M-3 Exemptions 454M-4 License; fees; renewals; voluntary surrender of
More informationCHAPTER 79A WORKERS' COMPENSATION SELF-INSURANCE
1 MINNESOTA STATUTES 2010 79A.01 CHAPTER 79A WORKERS' COMPENSATION SELF-INSURANCE 79A.01 DEFINITIONS. 79A.02 SELF-INSURERS' ADVISORY COMMITTEE. 79A.03 SELF-INSURANCE APPLICATIONS. 79A.04 PRIVATE SELF-INSURING
More informationTitle 24-A: MAINE INSURANCE CODE
Title 24-A: MAINE INSURANCE CODE Chapter 72-A: MAINE LIABILITY RISK RETENTION ACT HEADING: PL 1987, c. 769, Pt. A, 100 (rpr) Table of Contents Section 6091. SHORT TITLE... 3 Section 6092. PURPOSE... 3
More informationThis regulation is adopted by the director pursuant to the authority in Neb. Rev. Stat. 44-1114.
Title 210 NEBRASKA DEPARTMENT OF INSURANCE Chapter 76 VIATICAL SETTLEMENTS 001. Authority This regulation is adopted by the director pursuant to the authority in Neb. Rev. Stat. 44-1114. 002. Definitions
More information2015 ARIZONA LEGISLATIVE AMENDMENTS AFFECTING REAL ESTATE LENDING (May 12, 2015 ACMLA meeting)
2015 ARIZONA LEGISLATIVE AMENDMENTS AFFECTING REAL ESTATE LENDING (May 12, 2015 ACMLA meeting) Following is a summary of legislative amendments enacted during the most recent session (the First Regular
More informationCONFERENCE COMMITTEE REPORT BRIEF HOUSE BILL NO. 2352
SESSION OF 2015 CONFERENCE COMMITTEE REPORT BRIEF HOUSE BILL NO. 2352 As Agreed to May 20, 2015 Brief* HB 2352 would make several amendments to the Insurance Code. Among the amendments, the bill would
More informationREGISTRATION AND REGULATION OF THIRD PARTY ADMINISTRATORS (TPAs) (An NAIC Guideline)
REGISTRATION AND REGULATION OF THIRD PARTY ADMINISTRATORS (TPAs) (An NAIC Guideline) This Guideline, offered in two versions, is a revision of the Third Party Administrator Statute, which was first adopted
More informationTITLE 18 INSURANCE DELAWARE ADMINISTRATIVE CODE 1. 900 Consumer Rights. 906 Use of Credit Information [Formerly Regulation 87]
TITLE 18 INSURANCE DELAWARE ADMINISTRATIVE CODE 1 900 Consumer Rights 906 Use of Credit Information [Formerly Regulation 87] 1.0 Authority This regulation is adopted by the Commissioner pursuant to the
More informationMortgage Laws and Regulations-Georgia. Introduction. LegalEase was asked to review and summarize any legislation since January of 2007
Mortgage Laws and Regulations-Georgia Introduction 23400 Michigan Avenue, Suite 101 Dearborn, MI 48124 Tel: 1-(866) 534-6177 (toll-free) Fax: 1-(734) 943-6051 Email: contact@legaleasesolutions.com www.legaleasesolutions.com
More informationTABLE OF CONTENTS Self-Insurance Certification
Workers Compensation Commission Sec. 31-284 page 1 (3-99) TABLE OF CONTENTS Self-Insurance Certification Definitions... 31-284- 1 Application process... 31-284- 2 Partial self-insurance... 31-284- 3 Delayed
More informationCHAPTER 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 informationGENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2013 SESSION LAW 2013-116 HOUSE BILL 473 AN ACT TO ENACT THE NORTH CAROLINA CAPTIVE INSURANCE ACT.
GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2013 SESSION LAW 2013-116 HOUSE BILL 473 AN ACT TO ENACT THE NORTH CAROLINA CAPTIVE INSURANCE ACT. The General Assembly of North Carolina enacts: SECTION 1. Article
More informationIAC 11/18/09 Insurance[191] Ch 58, p.1 CHAPTER 58 THIRD-PARTY ADMINISTRATORS
IAC 11/18/09 Insurance[191] Ch 58, p.1 CHAPTER 58 THIRD-PARTY ADMINISTRATORS 191 58.1(510) Purpose. The purpose of this chapter is to administer the provisions of Iowa Code chapter 510 relating to the
More information(125th General Assembly) (Substitute House Bill Number 243) AN ACT
(125th General Assembly) (Substitute House Bill Number 243) AN ACT To amend sections 3901.043, 3901.51, 3905.24, and 3915.073, to enact section 3905.422, and to repeal sections 3957.01, 3957.02, 3957.03,
More information2013 NAIC ANNUAL STATEMENT INSTRUCTIONS HEALTH DEC 2013 REVISIONS
2013 NAIC ANNUAL STATEMENT INSTRUCTIONS HEALTH DEC 2013 REVISIONS PAGE 45: LIABILITIES, CAPITAL AND SURPLUS Revision: Modify instruction for Details of Write-ins Aggregated at Line 23 for Liablities Reason:
More informationLegislative Changes 2015 www.oid.ok.gov
Oklahoma Insurance Department Legislative Changes 2015 www.oid.ok.gov 1 New Law HB 1074 Right to Try Allows a terminally ill patient who has exhausted all other treatments approved by the FDA, opt for
More information105-228.4: 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 informationHow To File A Withdrawal Plan In West Virginia
114CSR72 PROCEDURAL RULE INSURANCE COMMISSIONER SERIES 72 PERSONAL PRIVATE PASSENGER AUTOMOBILE LIABILITY INSURANCE AND PROPERTY INSURANCE WITHDRAWAL PLAN PROCEDURES Section 114-72-1. General. 114-72-2.
More informationFULL ANALYSIS I. SUBSTANTIVE ANALYSIS
HOUSE OF REPRESENTATIVES STAFF ANALYSIS BILL #: CS/CS/HB 659 Automobile Insurance SPONSOR(S): Regulatory Affairs Committee; Insurance & Banking Subcommittee; Santiago TIED BILLS: IDEN./SIM. BILLS: CS/CS/SB
More informationBULLETIN 93-3 ALL INSURANCE COMPANIES LICENSED IN NORTH DAKOTA. SUBJECT: 1993 Insurance Legislation Company Compliance With Newly Enacted Statutes
BULLETIN 93-3 TO: FROM: ALL INSURANCE COMPANIES LICENSED IN NORTH DAKOTA Glenn Pomeroy, Commissioner DATE: SUBJECT: 1993 Insurance Legislation Company Compliance With Newly Enacted Statutes -----------------------------------------------------------------
More informationOhio Legislative Service Commission
Ohio Legislative Service Commission Bill Analysis Michel Jendretzky S.B. 102 129th General Assembly (As Introduced) Sen. Bacon BILL SUMMARY Conforms Ohioʹs law regulating surplus lines products with the
More informationPROPERTY AND CASUALTY REVIEW STANDARDS CHECKLIST
PROPERTY AND CASUALTY REVIEW STANDARDS CHECKLIST General Filing Instructions Homeowners Other Personal Lines Workers Compensation Medical Professional Liability Insurance Service Contracts Private Passenger
More informationHow To Get A Car Insurance Policy From Nevada General Insurance Company
ARIZONA AUTO INSURANCE APPLICATION Nevada General Insurance Company Transmittal Date/Time: Policy Number: Program: Valu APPLICATION INFORMATION Named Insured and Mailing Address PRODUCER Producer Code
More informationApplication for Membership. Insurance Companies
Application for Membership Insurance Companies Table of Contents 1) Instructions for Application... 2 2) Applicant Information... 4 3) General Information... 5 4) Minimum Stock Calculation... 7 5) Application
More informationCERTIFICATE OF AUTHORITY APPLICATION FOR A CAPTIVE INSURANCE COMPANY
Captive Insurance Division Arizona Department of Insurance 2910 North 44 th Street, Suite 210, Phoenix, Arizona 85018-7269 Web: https://insurance.az.gov Phone: (602) 364-4490 CERTIFICATE OF AUTHORITY APPLICATION
More informationFlorida Senate - 2016 SB 1274
By Senator Latvala 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 A bill to be entitled An act relating to sinkhole insurance; amending s. 624.407, F.S.; specifying
More informationPROPOSED AMENDMENTS TO HOUSE BILL 2240
HB 0- (LC ) // (LHF/ps) PROPOSED AMENDMENTS TO HOUSE BILL 0 1 1 0 1 On page 1 of the printed bill, line, after ORS delete the rest of the line and delete lines through and insert.,.00,.0,.0,.01,.01,.1,.,.,.,.,
More informationBe it enacted by the General Assembly of the Commonwealth of Kentucky: Section 1. KRS 304.3-400 is amended to read as follows:
AN ACT relating to insurance. Be it enacted by the General Assembly of the Commonwealth of Kentucky: Section 1. KRS 304.3-400 is amended to read as follows: As used in KRS 304.3-400 to 304.3-430, unless
More informationPrepared 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 informationFlorida Senate - 2011 SB 1908
By Senator Smith 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 A bill to be entitled An act relating to insurance; amending s. 501.212, F.S.; removing an exemption from
More informationSteven M. Goldman, Commissioner, Department of Banking and Insurance. N.J.S.A. 17:1-8.1, 17:1-15e, 17:22-6.14a3 and 17:29C-1 et seq.
INSURANCE DEPARTMENT OF BANKING AND INSURANCE OFFICE OF PROPERTY/LIABILITY Prohibition of Certain Cancellation and Nonrenewal Activity Proposed Amendments: N.J.A.C. 11:1-22.2 and 22.5 Proposed New Rules:
More informationTITLE 114 LEGISLATIVE RULE INSURANCE COMMISSIONER SERIES 38 CONTINUATION OF COVERAGE UNDER AUTOMOBILE LIABILITY POLICIES
TITLE 114 LEGISLATIVE RULE INSURANCE COMMISSIONER SERIES 38 CONTINUATION OF COVERAGE UNDER AUTOMOBILE LIABILITY POLICIES 114-38-1. General. 1.1. Scope. -- This rule establishes the form and procedures
More information209 CMR: DIVISION OF BANKS AND LOAN AGENCIES 209 CMR 45.00: THE LICENSING AND REGULATION OF CHECK CASHERS
209 CMR 45.00: THE LICENSING AND REGULATION OF CHECK CASHERS Section 45.01: Purpose and Scope 45.02: Definitions 45.03: Applicability 45.04: Application Procedure 45.04A: Mobile Units 45.05: Licensing
More information003.02 Act means Intergovernmental Risk Management Act.
Title 210 - NEBRASKA DEPARTMENT OF INSURANCE Chapter 85 - GROUP HEALTH, DENTAL, ACCIDENT, AND LIFE INSURANCE UNDER THE INTERGOVERNMENTAL RISK MANAGEMENT ACT 001. Authority. This rule is promulgated pursuant
More informationWORKING DRAFT SENATE FILE NO. Joint Corporations, Elections and Political Subdivisions Interim Committee A BILL. for
00 STATE OF WYOMING 0LSO-00.W WORKING DRAFT SENATE FILE NO. Homeowner property insurance regulation. Sponsored by: Joint Corporations, Elections and Political Subdivisions Interim Committee A BILL for
More informationCHAPTER 2008-220. Committee Substitute for Committee Substitute for Senate Bill No. 2012
CHAPTER 2008-220 Committee Substitute for Committee Substitute for Senate Bill No. 2012 An act relating to insurance; amending s. 624.46226, F.S.; revising provisions authorizing public housing authorities
More informationSUBCHAPTER E. TEXAS WINDSTORM INSURANCE ASSOCIATION DIVISION 5. DEPOPULATION PROGRAMS 28 TAC 5.4301 5.4309
Part I. Texas Department of Insurance Page 1 of 23 SUBCHAPTER E. TEXAS WINDSTORM INSURANCE ASSOCIATION DIVISION 5. DEPOPULATION PROGRAMS 28 TAC 5.4301 5.4309 1. INTRODUCTION. The Texas Department of Insurance
More informationMODEL VARIABLE ANNUITY REGULATION. Qualifications of Insurance Companies to Issue Variable Annuities
MODEL VARIABLE ANNUITY REGULATION Table of Contents Section 1. Section 2. Section 3. Section 4. Section 5. Section 6. Section 7. Section 8. Section 9. Section 10. Authority Definitions Qualifications of
More informationENROLLED HOUSE BILL No. 4455
Act No. 204 Public Acts of 2012 Approved by the Governor June 26, 2012 Filed with the Secretary of State June 27, 2012 EFFECTIVE DATE: June 27, 2012 Introduced by Rep. Shaughnessy STATE OF MICHIGAN 96TH
More informationTITLE 18 INSURANCE DELAWARE ADMINISTRATIVE CODE 1. 1200 Life Insurance and Annuities. 1204 Replacement of Life Insurance [Formerly Regulation 30]
DELAWARE ADMINISTRATIVE CODE 1 1200 Life Insurance and Annuities 1204 Replacement of Life Insurance [Formerly Regulation 30] 1.0 Purpose 1.1 The purpose of this regulation is: 1.1.1 To regulate the activities
More informationTHE STATE OF FLORIDA...
TABLE OF CONTENTS I. THE STATE OF FLORIDA... 2 A. FREQUENTLY CITED FLORIDA STATUTES... 2 1. General Considerations in Insurance Claim Management... 2 2. Insurance Fraud... 5 3. Automobile Insurance...
More informationSUBCHAPTER 11. VIATICAL SETTLEMENTS REGULATION
TITLE 365. CHAPTER 25. LICENSURE OF AGENTS, BAIL BONDSMEN, COMPANIES, PREPAID FUNERAL BENEFITS, AND VIATICAL SETTLEMENTS PROVIDERS AND BROKERS SUBCHAPTER 11. VIATICAL SETTLEMENTS REGULATION 365:25-11-1.
More informationCHAPTER 267. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey:
CHAPTER 267 AN ACT concerning third party administrators of health benefits plans and third party billing services and supplementing Title 17B of the New Jersey Statutes. BE IT ENACTED by the Senate and
More informationNotice of Intent to Adopt Rules
1. General Information a. Agency/Board Name Notice of Intent to Adopt Rules Revised July 2014 b. Agency/Board Address c. City d. Zip Code e. Name of Contact Person f. Contact Telephone Number g. Contact
More informationPublic Notice of Proposed Rule-Making
State of Rhode Island and Providence Plantations DEPARTMENT OF BUSINESS REGULATION Division of Design Professionals 1511 Pontiac Avenue, Bldg. 69-2 Cranston, Rhode Island 02920 Public Notice of Proposed
More informationREFERENCE 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 informationTitle 24-A: MAINE INSURANCE CODE
Title 24-A: MAINE INSURANCE CODE Chapter 52: MAINE EMPLOYERS' MUTUAL INSURANCE COMPANY HEADING: PL 1991, c. 615, Pt. D, 1 (new) Table of Contents Section 3701. PURPOSE... 3 Section 3702. DEFINITIONS...
More informationPlease see Section VIII. for Additional Information:
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.) BILL: CS/CS/SB 1408 Prepared By:
More informationTitle 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 informationAnti-Rebating & Compensation Disclosure: Best Practices for Multi-Jurisdictional Regulatory Compliance
SILA New York & New Jersey Chapter Meeting March 10, 2010 Anti-Rebating & Compensation Disclosure: Best Practices for Multi-Jurisdictional Regulatory Compliance Charles R. Welsh Edwards Angell Palmer &
More informationTITLE 18 INSURANCE DELAWARE ADMINISTRATIVE CODE
600 Automobile Insurance 1 606 Proof of Automobile Insurance 1.0 Authority This regulation is adopted under the authority of 18 Del.C. 314 and 2741; 21 Del.C. 2118(o), and adopted in cooperation with the
More informationTEXAS HOMEOWNERS AND PERSONAL PROPERTY SUPPLEMENT
AGENCY TEXAS HOMEOWNERS AND PERSONAL PROPERTY SUPPLEMENT APPLICANT/NAMED INSURED COMPANY: EFFECTIVE DATE CODE: SUB CODE: POLICY #: CONSUMER BILL OF RIGHTS HOMEOWNERS, DWELLING AND RENTERS INSURANCE AVISO:
More information*SB0052* S.B. 52 1 INSURANCE AMENDMENTS - LOSS 2 HISTORIES AND INQUIRIES. 6 Approved for Filing: P. Owen 6 6 01-30-04 3:37 PM 6
LEGISLATIVE GENERAL COUNSEL 6 Approved for Filing: P. Owen 6 6 01-30-04 3:37 PM 6 S.B. 52 1 INSURANCE AMENDMENTS - LOSS 2 HISTORIES AND INQUIRIES 3 2004 GENERAL SESSION 4 STATE OF UTAH 5 Sponsor: Thomas
More informationREFERENCE ACTION ANALYST STAFF DIRECTOR or. 1) Insurance & Banking Subcommittee 9 Y, 0 N, As CS Reilly Cooper
HOUSE OF REPRESENTATIVES STAFF ANALYSIS BILL #: CS/CS/HB 633 Division of Insurance Agents & Agency Services SPONSOR(S): Regulatory Affairs Committee; Insurance & Banking Subcommittee; Ingram and others
More informationDirector. June 15, 2006
JAMES E. RISCH Governor GAVIN M. GEE Director June 15, 2006 Re: Idaho s New Title Loan Act Dear Idaho Licensed Automobile Title Lender: As you are undoubtedly aware, the 2006 Idaho Legislature enacted
More informationSENATE 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 informationState of Rhode Island and Providence Plantations DEPARTMENT OF BUSINESS REGULATION Division of Insurance 1511 Pontiac Avenue Cranston, RI 02920
State of Rhode Island and Providence Plantations DEPARTMENT OF BUSINESS REGULATION Division of Insurance 1511 Pontiac Avenue Cranston, RI 02920 INSURANCE REGULATION 30 STANDARDS FOR FOREIGN INSURANCE COMPANY
More informationNEBRASKA 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 informationMARYLAND LAWS AND REGULATIONS ON INSURANCE PREMIUM
MARYLAND LAWS AND REGULATIONS ON INSURANCE PREMIUM LAWS: 27-601. (a) In this subtitle the following words have the meanings indicated. (b) (1) Commercial insurance means property insurance or casualty
More informationVIATICAL SETTLEMENTS MODEL REGULATION. Standards for Evaluation of Reasonable Payments for Terminally or Chronically Ill Insureds
Model Regulation Service July 2004 VIATICAL SETTLEMENTS MODEL REGULATION Table of Contents Section 1. Section 2. Section 3. [Section 4. Section 5. Section 6. Section 7. Section 8. Section 9. Section 10.
More informationLA R.S. 22:3051-3065 [Added by Acts 1997, No. 1475, 2, eff. July 15, 1997]
LA R.S. 22:3051-3065 [Added by Acts 1997, No. 1475, 2, eff. July 15, 1997] LOUISIANA REVISED STATUTES TITLE 22. INSURANCE CHAPTER 6. FINANCIAL INSTITUTION SALES 3051. Short title 3052. Purpose This Chapter
More informationMARKET CONDUCT EXAMINATION ST. PAUL FIRE AND MARINE INSURANCE COMPANY AND AFFILIATES 385 WASHINGTON STREET ST. PAUL, MINNESOTA 55102
MARKET CONDUCT EXAMINATION ST. PAUL FIRE AND MARINE INSURANCE COMPANY AND AFFILIATES 385 WASHINGTON STREET ST. PAUL, MINNESOTA 55102 MARCH 1, 2002 FEBRUARY 28, 2003 TABLE OF CONTENTS Section Page Table
More informationSUBCHAPTER 03K - REVERSE MORTGAGES SECTION.0100 - ADMINISTRATIVE
SUBCHAPTER 03K - REVERSE MORTGAGES SECTION.0100 - ADMINISTRATIVE 04 NCAC 03K.0101 DEFINITIONS; FILINGS (a) As used in this Subchapter, unless the context clearly requires otherwise: (1) Terms defined in
More informationAuthorized By: Donald Bryan, Acting Commissioner, Department of Banking and Insurance
INSURANCE DEPARTMENT OF BANKING AND INSURANCE DIVISION OF INSURANCE Administration Proposed Readoption with Amendments: N.J.A.C. 11:1 Authorized By: Donald Bryan, Acting Commissioner, Department of Banking
More informationCHAPTER 12 REGULATION GOVERNING REPLACEMENT OF LIFE INSURANCE POLICIES AND ANNUITIES
CHAPTER 12 REGULATION GOVERNING REPLACEMENT OF LIFE INSURANCE POLICIES AND ANNUITIES Section 1. Authority These rules and regulations governing the replacement of life insurance policies and annuities
More informationProposed Repeals and New Rules: N.J.A.C. 11:3-8.4 and 8.5 and 11:3-8 Appendix. Proposed Repeals: N.J.A.C. 11:3-2.13, 19A.7, 35, 35A, 40, 44, and 47
INSURANCE DEPARTMENT OF BANKING AND INSURANCE OFFICE OF PROPERTY AND CASUALTY OFFICE OF CONSUMER PROTECTION SERVICES Commercial Automobile Insurance Plan; New Jersey Personal Automobile Insurance Plan;
More informationDisclosure Requirements for a Named Driver Under Insurance Code 1952
Part I. Texas Department of Insurance Page 1 of 12 SUBCHAPTER A. AUTOMOBILE INSURANCE DIVISION 3. MISCELLANEOUS INTERPRETATIONS 28 TAC 5.208 INTRODUCTION. The Texas Department of Insurance proposes new
More informationJames Walmsley, Senior Manager, Lloyd s International Market Access (extension 5131)
market bulletin Ref: Y3982 Title Florida: new legislation HB 1A Purpose Type From The law referred to as HB 1A contains provisions affecting many aspects of the insurance industry in Florida. This bulletin
More informationCHAPTER 2014-86. Committee Substitute for Committee Substitute for Senate Bill No. 708
CHAPTER 2014-86 Committee Substitute for Committee Substitute for Senate Bill No. 708 An act relating to insurance claims; amending s. 627.3518, F.S.; conforming a cross-reference; amending s. 627.409,
More information