Casualty Actuarial Society Ratemaking and Product Management Seminar

Size: px
Start display at page:

Download "Casualty Actuarial Society Ratemaking and Product Management Seminar"

Transcription

1 Casualty Actuarial Society Ratemaking and Product Management Seminar Update on State and Federal Workers Compensation Issues Tim Tucker Washington Affairs Executive 1

2 Agenda Introduction State Workers Compensation Issues and Trends Federal Issues Impacting Workers Compensation Terrorism Risk Insurance Medicare Secondary Payer Issues Other Federal Issues Questions and Answers 2

3 Federal Workers Compensation Issues Administration's FY 2015 Budget Request Workers Compensation Data (Social Security Administration) The FY 2015 includes again a proposal for the development of a process to collect workers compensation information in a timely manner from states and private insurers in order to correctly offset disability insurance benefits and reduce social security insurance payments. This proposal allocated $5 million for development of the process and has been included in at least the three previous Administration budget requests. 3

4 Federal Workers Compensation Issues Administration's FY 2015 Budget Request Federal Employees Compensation Act (FECA) (Department of Labor) Included in the Administration s FY 2015 Budget Request is a proposal to reform the Federal Employees Compensation Act (FECA). Similar to past Administration FECA reform proposals, the centerpiece is a mandatory conversion at retirement age for FECA beneficiaries to the Federal retirement system. 4

5 Federal Workers Compensation Issues Administration's FY 2015 Budget Request Employee Misclassification (Department of Labor) The FY 2015 includes provisions aimed at detecting and deterring employee misclassification. It notes that misclassification harms workers from benefits and protections they are entitled. 5

6 Federal Workers Compensation Issues Administration's FY 2015 Budget Request Defense Base Act (DBA) (Department of Labor) Absent from the FY 2015 Administration Budget Request is a proposal to convert the current Defense Base Act private insurance market mechanism to a government run self-insurance program. Representative Cummings (D-MD) has introduced legislation that would make the statutory amendments necessary to implement the DBA changes proposed in past Administration budget. 6

7 USL&H Recreation Vessel Exclusion H.R (Wasserman-Schultz, D-FL) Seeks to clarify that the exclusion from federal Longshore coverage included in the ARRA of 2009 applies to all recreational vessels regardless of size Addresses confusion created by USDOL regulations promulgated as required by the ARRA 7

8 Federal Insurance Office (FIO) FIO was created with the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 FIO give authority to: monitor all aspects of the insurance sector; monitor the extent to which traditionally underserved communities and consumers have access to affordable non-health insurance products; and to represent the United States on prudential aspects of international insurance matters FIO was charged with examining current state-based system of insurance regulation 8

9 Key Findings: FIO Report on State Regulatory Modernization Need for greater uniformity in state-based system Recommended several areas for direct federal regulation (i.e. mortgage insurance) and opportunities for indirect federal regulation (i.e. NARAB II) Significant role for FIO on international regulatory issues 9

Medical professional liability (MPL) insurance costs at a crossroads

Medical professional liability (MPL) insurance costs at a crossroads Bracing for change Medical professional liability (MPL) insurance costs at a crossroads John F. Gibson Principal Dorothy A. Woodrum Director PwC Actuarial and Insurance Management Solutions (AIMS) Agenda

More information

Update on Workers Compensation Issues

Update on Workers Compensation Issues Update on Workers Compensation Issues by Douglas J. Holmes, President UWC Strategic Services on Unemployment & Workers Compensation June, 2013 Federal Impacts on WC HR 1982 MSP Workers Compensation Settlement

More information

HOUSE COMMITTEE ON APPROPRIATIONS FISCAL NOTE. HOUSE BILL NO. 1055 PRINTERS NO. 3577 PRIME SPONSOR: Mustio

HOUSE COMMITTEE ON APPROPRIATIONS FISCAL NOTE. HOUSE BILL NO. 1055 PRINTERS NO. 3577 PRIME SPONSOR: Mustio HOUSE COMMITTEE ON APPROPRIATIONS FISCAL NOTE HOUSE BILL NO. 1055 PRINTERS NO. 3577 PRIME SPONSOR: Mustio COST / (SAVINGS) FUND FY 2011/12 FY 2012/13 Administration Fund $0 $0 General Fund $0 $0 Workmen

More information

COBRA AND OTHER HEALTH CARE ISSUES

COBRA AND OTHER HEALTH CARE ISSUES COBRA AND OTHER HEALTH CARE ISSUES By Debbie Dees Phelps Dunbar LLP 111 East Capitol Street, Suite 600 Post Office Box 23066 Jackson, Mississippi 39225-3066 Telephone: (601) 360-9334 Facsimile: (601) 360-9777

More information

51ST LEGISLATURE - STATE OF NEW MEXICO - FIRST SESSION, 2013

51ST LEGISLATURE - STATE OF NEW MEXICO - FIRST SESSION, 2013 SENATE BILL 1 1ST LEGISLATURE - STATE OF NEW MEXICO - FIRST SESSION, INTRODUCED BY Carroll H. Leavell 1 AN ACT RELATING TO INSURANCE; REQUIRING INSURERS TO MAKE GOOD FAITH EFFORTS TO LOCATE BENEFICIARIES

More information

Rosemary Beaver, Head of International Regulatory Affairs

Rosemary Beaver, Head of International Regulatory Affairs market bulletin Ref: Y4500 Title Purpose Type From NRRA U.S. Surplus/Excess Lines Lloyd s market s transitional arrangements in response to Subtitle B, Title V of the Dodd-Frank Act, regarding state-based

More information

Review of H.R. 3200, America s Affordable Health Choices Act

Review of H.R. 3200, America s Affordable Health Choices Act Review of H.R. 3200, America s Affordable Health Choices Act Below is a review of those measures contained in the America s Affordable Health Choices Act of 2009 that correspond to issues contained in

More information

Major Post-ERISA Benefit Legislation

Major Post-ERISA Benefit Legislation Major Post-ERISA Benefit Legislation April 2014 2013 Continuing Appropriations Act, 2014 2013 American Taxpayer Relief Act 2012 Bill Extending E-Verify 2012 Moving Ahead for Progress in the 21 st Century

More information

Rose & Kiernan, Inc. December, 2015. IRS Notice 2015-87

Rose & Kiernan, Inc. December, 2015. IRS Notice 2015-87 BENEFITS ALERT Rose & Kiernan, Inc. December, 2015 IRS Notice 2015-87 The Departments of Treasury (IRS), Labor (DOL) and Health and Human Services (HHS) jointly issued a notice on December 16 th to clarify

More information

New York COBRA Continuation Coverage Q&A

New York COBRA Continuation Coverage Q&A New York COBRA Continuation Coverage Q&A IMPORTANT NOTE: All statements contained in this Q&A document are for informational purposes only and should not be viewed as either legal or income tax advice.

More information

TENTATIVE GENERAL SCHEDULE NCOIL ANNUAL MEETING NOVEMBER 19 23, 2014

TENTATIVE GENERAL SCHEDULE NCOIL ANNUAL MEETING NOVEMBER 19 23, 2014 TENTATIVE GENERAL SCHEDULE NCOIL ANNUAL MEETING NOVEMBER 19 23, 2014 As of October 31, 2014, and Subject to Change 10-31 SCHEDULING CHANGES NOTED IN RED GRAND HYATT SAN FRANCISCO SAN FRANCISCO, CALIFORNIA

More information

9/13/2011. Miscellaneous Current Topics in Healthcare Professional Liability. Antitrust Notice. Table of Contents. Cyber Liability.

9/13/2011. Miscellaneous Current Topics in Healthcare Professional Liability. Antitrust Notice. Table of Contents. Cyber Liability. Miscellaneous Current Topics in Healthcare Professional Liability Josh Zirin, FCAS, MAAA Antitrust Notice The Casualty Actuarial Society is committed to adhering strictly to the letter and spirit of the

More information

Key Provisions Related to Nursing Nursing Workforce Development

Key Provisions Related to Nursing Nursing Workforce Development Key Provisions Related to Nursing The newly released House bill, the Affordable Health Care for America Act (HR 3962), clearly represents a movement toward much-needed, comprehensive and meaningful reform

More information

Clearing Up the Confusion Over a Retirement Plan Advisor s Fiduciary Status

Clearing Up the Confusion Over a Retirement Plan Advisor s Fiduciary Status Clearing Up the Confusion Over a Retirement Plan Advisor s Fiduciary Status Chuck Rolph, J.D. Director, Advanced Consulting Group Nationwide Financial Introduction This paper is directed to financial advisors

More information

Steven M. Goldman, Commissioner, Department of Banking and Insurance. N.J.S.A. 17:1-8.1, 17:1-15e and 17:29AA-1 et seq.

Steven M. Goldman, Commissioner, Department of Banking and Insurance. N.J.S.A. 17:1-8.1, 17:1-15e and 17:29AA-1 et seq. INSURANCE DEPARTMENT OF BANKING AND INSURANCE OFFICE OF PROPERTY AND CASUALTY Commercial Lines Insurance: Policy Form Standards Defense Costs Within Policy Limits Proposed Amendment: N.J.A.C. 11:13-7.3

More information

Title V Preventing Fraud and Abuse. Subtitle A- Establishment of New Health and Human Services and Department of Justice Health Care Fraud Positions

Title V Preventing Fraud and Abuse. Subtitle A- Establishment of New Health and Human Services and Department of Justice Health Care Fraud Positions Title V Preventing Fraud and Abuse Subtitle A- Establishment of New Health and Human Services and Department of Justice Health Care Fraud Positions Sec. 501. Health and Human Services Senior Advisor There

More information

WORKERS COMPENSATION INSURANCE for DEPLOYED DEFENSE CONTRACTORS

WORKERS COMPENSATION INSURANCE for DEPLOYED DEFENSE CONTRACTORS WORKERS COMPENSATION INSURANCE for DEPLOYED DEFENSE CONTRACTORS As the amount of contractor support to U.S. military operations increases, both contractors and contracting officers are faced with more

More information

Federal Agencies Delay Nondiscrimination Requirements for Insured Group Health Plans under the Affordable Care Act

Federal Agencies Delay Nondiscrimination Requirements for Insured Group Health Plans under the Affordable Care Act The HR resource every business needs HR News Alert January 2011 Brought to you by: Progressive Management Associates Insurance Services In this Issue Nondiscrimination Requirements Delayed State Minimum

More information

The Patient Protection and Affordable Health Care Act and the Health Care and Education Reconciliation Act of 2010

The Patient Protection and Affordable Health Care Act and the Health Care and Education Reconciliation Act of 2010 The Patient Protection and Affordable Health Care Act and the Health Care and Education Reconciliation Act of 2010 Important Provisions for IAAPA Members May 24, 2010 The health care reform bill which

More information

DESCRIPTION OF PROPOSAL TO EXTEND TRADE ADJUSTMENT ASSISTANCE PROGRAM AND THE HEALTH COVERAGE TAX CREDIT

DESCRIPTION OF PROPOSAL TO EXTEND TRADE ADJUSTMENT ASSISTANCE PROGRAM AND THE HEALTH COVERAGE TAX CREDIT DESCRIPTION OF PROPOSAL TO EXTEND TRADE ADJUSTMENT ASSISTANCE PROGRAM AND THE HEALTH COVERAGE TAX CREDIT I. Introduction Scheduled for Markup by the Senate Committee on Finance on April 22, 2015 The Senate

More information

Commodity Futures Trading Commission Office of Public Affairs Three Lafayette Centre 1155 21st Street, NW Washington, DC 20581 www.cftc.

Commodity Futures Trading Commission Office of Public Affairs Three Lafayette Centre 1155 21st Street, NW Washington, DC 20581 www.cftc. Commodity Futures Trading Commission Office of Public Affairs Three Lafayette Centre 1155 21st Street, NW Washington, DC 20581 www.cftc.gov Proposed Rules and Interpretive Guidance i) Further Defining

More information

CFPB proposes amendments to the ability-to-repay and qualified mortgage rules

CFPB proposes amendments to the ability-to-repay and qualified mortgage rules 1 MARCH 15, 2013 CFPB proposes amendments to the ability-to-repay and qualified mortgage rules By Raymond J. Gustini and Lloyd H. Spencer The Consumer Financial Protection Bureau ( CFPB or the Bureau )

More information

TESTIMONY OF JANICE OCHENKOWSKI ON BEHALF OF THE RISK AND INSURANCE MANAGEMENT SOCIETY, INC. (RIMS) BEFORE THE

TESTIMONY OF JANICE OCHENKOWSKI ON BEHALF OF THE RISK AND INSURANCE MANAGEMENT SOCIETY, INC. (RIMS) BEFORE THE TESTIMONY OF JANICE OCHENKOWSKI ON BEHALF OF THE RISK AND INSURANCE MANAGEMENT SOCIETY, INC. (RIMS) BEFORE THE U.S HOUSE OF REPRESENTATIVES COMMITTEE ON FINANCIAL SERVICES SUBCOMMITTEE ON INSURANCE, HOUSING

More information

Pension & Health Benefits Committee California Public Employees Retirement System

Pension & Health Benefits Committee California Public Employees Retirement System California Public Employees Retirement System Agenda Item 11b ITEM NAME: Proposed Regulations: Options for Medicare Supplement Plans PROGRAM: Health Benefits ITEM TYPE: Action RECOMMENDATION Approve recommendation

More information

RE: RIN 2900 AO65 Loan Guaranty: Ability-to-Repay Standards and Qualified Mortgage Definition under the Truth in Lending Act

RE: RIN 2900 AO65 Loan Guaranty: Ability-to-Repay Standards and Qualified Mortgage Definition under the Truth in Lending Act June 9, 2014 Mr. John Bell Assistant Director for Loan Policy and Valuation Veterans Benefits Administration, Department of Veterans Affairs 810 Vermont Avenue, NW Washington, DC 20420 RE: RIN 2900 AO65

More information

Submitted online in connection with: Health Care Workshop, Project No. P131207

Submitted online in connection with: Health Care Workshop, Project No. P131207 Federal Trade Commission Washington, DC 20580 Submitted online in connection with: Health Care Workshop, Project No. P131207 Re: Examining Health Care Competition On behalf of our nearly 5,000 member hospitals,

More information

The nation s most experienced provider of workers compensation information, tools, and services

The nation s most experienced provider of workers compensation information, tools, and services The nation s most experienced provider of workers compensation information, tools, and services Regulatory Services FEBRUARY 7, 2014 ITE Report Contact: Legislative_Activity@ncci.com RLA-2014-05 State

More information

Loan Originator Compensation Requirements under the Truth In Lending Act

Loan Originator Compensation Requirements under the Truth In Lending Act BUREAU OF CONSUMER FINANCIAL PROTECTION 12 CFR Part 1026 [Docket No. CFPB-2013-0013] RIN 3170-AA37 Loan Originator Compensation Requirements under the Truth In Lending Act (Regulation Z); Prohibition on

More information

Retiree Drug Coverage under the MMA: Issues for Public Comment to Maximize Enhancement in Drug Coverage and Reductions in Drug Costs for Retirees

Retiree Drug Coverage under the MMA: Issues for Public Comment to Maximize Enhancement in Drug Coverage and Reductions in Drug Costs for Retirees Retiree Drug Coverage under the MMA: Issues for Public Comment to Maximize Enhancement in Drug Coverage and Reductions in Drug Costs for Retirees Discussion Paper: CMS Employer Open Door Forum I. Summary:

More information

Louisiana Insurers Conference. Annual Louisiana Insurance Compliance Seminar & Legislative Review 2015. Van R. Mayhall, III

Louisiana Insurers Conference. Annual Louisiana Insurance Compliance Seminar & Legislative Review 2015. Van R. Mayhall, III Louisiana Insurers Conference Annual Louisiana Insurance Compliance Seminar & Legislative Review 2015 Van R. Mayhall, III ORSA Own Risk and Solvency Assessment Act 196 Enacts a new ORSA Subpart of the

More information

LEGISLATIVE BUDGET BOARD. TRS-Care Overview PRESENTED TO THE HOUSE APPROPRIATIONS COMMITTEE SUBCOMMITTEE ON ARTICLE III LEGISLATIVE BUDGET BOARD

LEGISLATIVE BUDGET BOARD. TRS-Care Overview PRESENTED TO THE HOUSE APPROPRIATIONS COMMITTEE SUBCOMMITTEE ON ARTICLE III LEGISLATIVE BUDGET BOARD LEGISLATIVE BUDGET BOARD TRS-Care Overview PRESENTED TO THE HOUSE APPROPRIATIONS COMMITTEE SUBCOMMITTEE ON ARTICLE III LEGISLATIVE BUDGET BOARD FEBRUARY 24, 2015 TRS-Care Overview Self-funded statewide

More information

The HIPAA Privacy Rule: Overview and Impact

The HIPAA Privacy Rule: Overview and Impact The HIPAA Privacy Rule: Overview and Impact DISCLAIMER: This information is provided as is without any express or implied warranty. It is provided for educational purposes only and does not constitute

More information

A BILL FOR AN ACT. Concerning the compiling and reporting of hospital charge data for the benefit of healthcare consumers.

A BILL FOR AN ACT. Concerning the compiling and reporting of hospital charge data for the benefit of healthcare consumers. A BILL FOR AN ACT 1 2 Concerning the compiling and reporting of hospital charge data for the benefit of healthcare consumers. Bill Summary Requires each hospital in the State of Colorado to provide to

More information

N.J.A.C. 11:22-3, Appendix Exhibits 1A and 1B. Holly C. Bakke, Commissioner, Department of Banking and Insurance

N.J.A.C. 11:22-3, Appendix Exhibits 1A and 1B. Holly C. Bakke, Commissioner, Department of Banking and Insurance INSURANCE DEPARTMENT OF BANKING AND INSURANCE DIVISION OF INSURANCE Health Benefit Plans Electronic Receipt and Transmission of Health Insurance Claims Proposed Amendments: N.J.A.C. 11:22-3.2 and 3.3 Proposed

More information

Summary of Deposit Insurance Regulations; Unlimited Coverage for Noninterest-bearing Transaction Accounts (12 CFR Part 330) FINAL RULE

Summary of Deposit Insurance Regulations; Unlimited Coverage for Noninterest-bearing Transaction Accounts (12 CFR Part 330) FINAL RULE Summary of Deposit Insurance Regulations; Unlimited Coverage for Noninterest-bearing Transaction Accounts (12 CFR Part 330) FINAL RULE FDIC is adopting a final rule amending deposit insurance regulations

More information

Updates to Affordable Care Act: Law, Regulatory Explanation and Analysis, 2014

Updates to Affordable Care Act: Law, Regulatory Explanation and Analysis, 2014 Updates to Affordable Care Act: Law, Regulatory Explanation and Analysis, 2014 Chapter 2. Individuals 205. Individual Health Insurance Mandate In December 2013, the Administration announced that individuals

More information

61.702 Group hospital and medical insurance and managed care plan coverage -- Employee and employer contributions -- Minimum service requirements.

61.702 Group hospital and medical insurance and managed care plan coverage -- Employee and employer contributions -- Minimum service requirements. 61.702 Group hospital and medical insurance and managed care plan coverage -- Employee and employer contributions -- Minimum service requirements. (1) (a) 1. The board of trustees of Kentucky Retirement

More information

NAPEO s State Government Affairs Webinar. June 7, 2016 Daniel Harris Melissa Kelly Nichole Westin

NAPEO s State Government Affairs Webinar. June 7, 2016 Daniel Harris Melissa Kelly Nichole Westin NAPEO s State Government Affairs Webinar June 7, 2016 Daniel Harris Melissa Kelly Nichole Westin CALIFORNIA Explore the feasibility of enacting the NAPEO Model PEO Act Contractors State Licensing Board

More information

Joint Statement of Legislative Intent on H.R. 2465, the Federal Workers Compensation Modernization and Improvement Act. Purpose

Joint Statement of Legislative Intent on H.R. 2465, the Federal Workers Compensation Modernization and Improvement Act. Purpose STATEMENT OF JOHN KLINE (R-MN) CHAIRMAN, COMMITTEE ON EDUCATION AND THE WORKFORCE CONSIDERATION OF H.R. 2465, THE FEDERAL WORKERS COMPENSATION AND MODERNIZATION AND IMPROVEMENT ACT BROUGHT BEFORE THE HOUSE

More information

Bracing for change Medical professional liability (MPL) insurance costs at a crossroads

Bracing for change Medical professional liability (MPL) insurance costs at a crossroads February 2011 Bracing for change Medical professional liability (MPL) insurance costs at a crossroads At a glance The effects of the healthcare reform law, changing market conditions, emerging societal

More information

FREQUENTLY ASKED QUESTIONS ABOUT THE CONTINUATION COVERAGE REQUIREMENTS IN THE AMERICAN RECOVERY AND REINVESTMENT ACT February 2009

FREQUENTLY ASKED QUESTIONS ABOUT THE CONTINUATION COVERAGE REQUIREMENTS IN THE AMERICAN RECOVERY AND REINVESTMENT ACT February 2009 FREQUENTLY ASKED QUESTIONS ABOUT THE CONTINUATION COVERAGE REQUIREMENTS IN THE AMERICAN RECOVERY AND REINVESTMENT ACT February 2009 Introduction On February 17, 2009, President Obama signed into law the

More information

Errors and Omissions Liability Insurance for Medicare Statutory Compliance

Errors and Omissions Liability Insurance for Medicare Statutory Compliance The Problem and the Solution Medicare/Medicaid and SCHIP Extension Act of 2007 Errors and Omissions Liability Insurance for Medicare Statutory Compliance INSURANCE GROUP In 1980, in an effort to help curb

More information

Retroactive Duty Related Death & Disability Benefits. Initial Consideration

Retroactive Duty Related Death & Disability Benefits. Initial Consideration Retroactive Duty Related Death & Disability Benefits Initial Consideration LEOFF Plan 2 Retirement Board May 28, 2008 Issue Description Some of the duty related death and disability pension benefits were

More information

EMPLOYEE BENEFITS BULLETIN

EMPLOYEE BENEFITS BULLETIN EMPLOYEE BENEFITS BULLETIN January 20, 2010 Revised COBRA Model Notices Issued Reflecting Subsidy Extension The Department of Labor (DOL) issued updated model notices to reflect the COBRA subsidy extension

More information

AMENDMENT NUMBER ONE TO THE KANSAS BOARD OF REGENTS MANDATORY RETIREMENT PLAN WHEREAS, the Kansas Board of Regents Mandatory Retirement Plan ("Plan") was amended and restated effective January 1, 2009;

More information

What s News in Tax Analysis That Matters from Washington National Tax

What s News in Tax Analysis That Matters from Washington National Tax What s News in Tax Analysis That Matters from Washington National Tax The Impact of the Affordable Care Act on International Assignees and Their Health Care Plans Employers and individuals in the United

More information

Terrorism Risk Insurance Program Reauthorization

Terrorism Risk Insurance Program Reauthorization January 13, 2015 Terrorism Risk Insurance Program Reauthorization On January 12, 2015, the President signed into law the Terrorism Risk Insurance Program Reauthorization Act of 2015. 1 This Act reauthorizes

More information

Guidance on the Application of Code 4980D to Certain Types of Health Coverage Reimbursement Arrangements

Guidance on the Application of Code 4980D to Certain Types of Health Coverage Reimbursement Arrangements Guidance on the Application of Code 4980D to Certain Types of Health Coverage Reimbursement Arrangements Notice 2015-17 I. PURPOSE AND OVERVIEW This notice reiterates the conclusion in previous guidance

More information

San Diego Military Advisory Council (SDMAC) Positon Paper on the Report of the Military Compensation and Retirement Modernization Commission

San Diego Military Advisory Council (SDMAC) Positon Paper on the Report of the Military Compensation and Retirement Modernization Commission San Diego Military Advisory Council (SDMAC) Positon Paper on the Report of the Military Compensation and Retirement Modernization Commission Background: The National Defense Authorization Act of FY2013

More information

Legislative Policy: Health Insurance M-56 1 of 5. Purpose

Legislative Policy: Health Insurance M-56 1 of 5. Purpose 1 M-56 1 of 5 Purpose To establish the Board of Supervisors legislative policy regarding health insurance, and to provide guidance to the County s legislative representatives when advocating the County

More information

STATE INSURANCE REGULATION

STATE INSURANCE REGULATION STATE INSURANCE REGULATION This article provides an overview of state insurance regulation, including a brief history, discussion of state regulatory roles and institutions involved. A Brief History Benjamin

More information

Private Health Insurance. An appointed actuary

Private Health Insurance. An appointed actuary Private Health Insurance An appointed actuary Background PHIAC - Private Health Insurance Administration Council Independent Statutory Authority Health Insurance Regulator Established in 1989 under the

More information

Committee on Financial Services and Representative Safley & others. PCB FS 98-10, relating to workers compensation, changes Florida law as follows:

Committee on Financial Services and Representative Safley & others. PCB FS 98-10, relating to workers compensation, changes Florida law as follows: HOUSE OF REPRESENTATIVES COMMITTEE ON FINANCIAL SERVICES BILL RESEARCH & ECONOMIC IMPACT STATEMENT BILL #: HB 4815 (PCB FS 98-10) RELATING TO: SPONSOR(S): COMPANION BILL(S): Workers Compensation Committee

More information

Death and Disability Benefits Iraq and Afghanistan

Death and Disability Benefits Iraq and Afghanistan United States Department of State Bureau of Human Resources Office of Retirement Room H-620, SA-1 Washington, D.C. 20522 Death and Disability Benefits Iraq and Afghanistan COMPENSATION THAT MAY BE PROVIDED

More information

AGENCY: Employee Benefits Security Administration, Department of Labor.

AGENCY: Employee Benefits Security Administration, Department of Labor. DEPARTMENT OF LABOR Employee Benefits Security Administration Publication of Model Notices for Health Care Continuation Coverage Provided Pursuant to the Consolidated Omnibus Budget Reconciliation Act

More information

DOMA: What s Your Action Plan? July 25, 2013

DOMA: What s Your Action Plan? July 25, 2013 DOMA: What s Your Action Plan? July 25, 2013 Presented By: Mark S. Thomas, Partner, Williams Mullen D. Earl Baggett, Partner, Williams Mullen Brydon M. DeWitt, Partner, Williams Mullen Today s Presenters

More information

The Four Pillars and Public Policy Prudential s positions on legislative and regulatory issues impacting retirement security in America

The Four Pillars and Public Policy Prudential s positions on legislative and regulatory issues impacting retirement security in America Prudential Financial The Four Pillars and Public Policy Prudential s positions on legislative and regulatory issues impacting retirement security in America Public policy affects many aspects of our everyday

More information

HEALTH CARE REFORM UPDATE FRIDAY APRIL 16, 2010 ANSWERING MORE OF YOUR FREQUENTLY ASKED QUESTIONS

HEALTH CARE REFORM UPDATE FRIDAY APRIL 16, 2010 ANSWERING MORE OF YOUR FREQUENTLY ASKED QUESTIONS HEALTH CARE REFORM UPDATE FRIDAY APRIL 16, 2010 ANSWERING MORE OF YOUR FREQUENTLY ASKED QUESTIONS We ve had several lively question and answer sessions during the seminars about health care reform we recently

More information

B-325793. May 7, 2014

B-325793. May 7, 2014 441 G St. N.W. Washington, DC 20548 B-325793 May 7, 2014 The Honorable Tim Johnson Chairman The Honorable Mike Crapo Ranking Member Committee on Banking, Housing, and Urban Affairs United States Senate

More information

One Hundred Tenth Congress of the United States of America

One Hundred Tenth Congress of the United States of America H. R. 2761 One Hundred Tenth Congress of the United States of America AT THE FIRST SESSION Begun and held at the City of Washington on Thursday, the fourth day of January, two thousand and seven An Act

More information

REVISED COBRA MODEL NOTICES ISSUED REFLECTING SUBSIDY EXTENSION

REVISED COBRA MODEL NOTICES ISSUED REFLECTING SUBSIDY EXTENSION COMPLIANCE ALERT January 15, 2010 REVISED COBRA MODEL NOTICES ISSUED REFLECTING SUBSIDY EXTENSION The Department of Labor (DOL) issued updated model notices to reflect the COBRA subsidy extension included

More information

Land Trust (FL) LLC (DE) LLC (NEVADA)

Land Trust (FL) LLC (DE) LLC (NEVADA) Formation - Created by recorded instrument (e.g. deed, mortgage, lease assignment) into trustee (person, bank, trust company or other legal entity) reciting power and authority of trustee to protect, conserve,

More information

Continuation. Jonathan J. Boyles, McDermott Will & Emery LLP

Continuation. Jonathan J. Boyles, McDermott Will & Emery LLP New Jersey, New York, and Pennsylvania Require Dependent Health Insurance to Age 30: Three New Models for Health Insurance Continuation Jonathan J. Boyles, McDermott Will & Emery LLP In the summer of 2009,

More information

Reinsurance, Risk Corridors, and Risk Adjustment Final Rule

Reinsurance, Risk Corridors, and Risk Adjustment Final Rule Reinsurance, Risk Corridors, and Risk Adjustment Final Rule Center for Consumer Information and Insurance Oversight Centers for Medicare & Medicaid Services Department of Health and Human Services March

More information

Disposal Schedule for Functional records of Retirement Benefits Fund. Disposal Authorisation No. 2416

Disposal Schedule for Functional records of Retirement Benefits Fund. Disposal Authorisation No. 2416 Disposal Schedule for Functional records of Retirement Benefits Fund Disposal Authorisation No. 2416 TABLE OF CONTENTS INTRODUCTION Page 4 Archives legislation Page 4 Schedule elements and arrangement

More information

STATEMENT OF THE AMERICAN COUNCIL OF LIFE INSURERS BEFORE THE SUBCOMITTEE ON HOUSING AND INSURANCE OF THE HOUSE COMMITTEE ON FINANCIAL SERVICES

STATEMENT OF THE AMERICAN COUNCIL OF LIFE INSURERS BEFORE THE SUBCOMITTEE ON HOUSING AND INSURANCE OF THE HOUSE COMMITTEE ON FINANCIAL SERVICES STATEMENT OF THE AMERICAN COUNCIL OF LIFE INSURERS BEFORE THE SUBCOMITTEE ON HOUSING AND INSURANCE OF THE HOUSE COMMITTEE ON FINANCIAL SERVICES ON THE FEDERAL INSURANCE OFFICE S REPORT ON MODERNIZING INSURANCE

More information

Key Provisions of 2010 Healthcare Reform Legislation for Small (under 50) Employers. By Alice Eastman Helle. October 2013 Update

Key Provisions of 2010 Healthcare Reform Legislation for Small (under 50) Employers. By Alice Eastman Helle. October 2013 Update Key Provisions of 2010 Healthcare Reform Legislation for Small (under 50) Employers By Alice Eastman Helle October 2013 Update The sweeping healthcare reform legislation enacted in 2010 is exceedingly

More information

HOUSE BILL 924. P1, J1, J2 1lr1413 A BILL ENTITLED. Commission on State Administered Medical Malpractice Liability Insurance

HOUSE BILL 924. P1, J1, J2 1lr1413 A BILL ENTITLED. Commission on State Administered Medical Malpractice Liability Insurance HOUSE BILL P, J, J lr By: Delegate Mizeur Introduced and read first time: February, Assigned to: Economic Matters A BILL ENTITLED AN ACT concerning Commission on State Administered Medical Malpractice

More information

STOP GAP EMPLOYERS LIABILITY COVERAGE

STOP GAP EMPLOYERS LIABILITY COVERAGE THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. STOP GAP EMPLOYERS LIABILITY COVERAGE This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE

More information

Loan Originator Compensation Requirements under the Truth In Lending Act

Loan Originator Compensation Requirements under the Truth In Lending Act BUREAU OF CONSUMER FINANCIAL PROTECTION 12 CFR Part 1026 [Docket No. CFPB-2013-0013] RIN 3170-AA37 Loan Originator Compensation Requirements under the Truth In Lending Act (Regulation Z); Prohibition on

More information

HIPAA Privacy and Security Changes in the American Recovery and Reinvestment Act

HIPAA Privacy and Security Changes in the American Recovery and Reinvestment Act International Life Sciences Arbitration Health Industry Alert If you have questions or would like additional information on the material covered in this Alert, please contact the author: Brad M. Rostolsky

More information

Thank you again for holding this important hearing. We appreciate having the opportunity to voice our viewpoint. ********

Thank you again for holding this important hearing. We appreciate having the opportunity to voice our viewpoint. ******** Testimony by Kristina Hebert President of the Marine Industries Association of South Florida and on behalf of the United States Superyacht Association before the House Small Business Subcommittee on Investigations,

More information

Casualty Actuarial Society

Casualty Actuarial Society Antitrust Notice The Casualty Actuarial Society is committed to adhering strictly to the letter and spirit of the antitrust laws. Seminars conducted under the auspices of the CAS are designed solely to

More information

Minimum Requirements for Appraisal Management Companies. Docket No. R-1486 RIN 7100-AE15

Minimum Requirements for Appraisal Management Companies. Docket No. R-1486 RIN 7100-AE15 Docket No. R-1486 On behalf of the Kentucky Real Estate Appraisers Board, members and staff, it is my pleasure to submit the following comments in response to the Agencies request contained within the

More information

CHAPTER 2015-227. Senate Bill No. 2512-A

CHAPTER 2015-227. Senate Bill No. 2512-A CHAPTER 2015-227 Senate Bill No. 2512-A An act relating to employer contributions to fund retiree benefits; amending ss. 112.363, 121.052, 121.055, and 121.071, F.S.; revising the employer contribution

More information

Structured Settlement Program

Structured Settlement Program Structured Settlement Program 2014 Annual Report to the Legislature January 2015 Document number: LR 14-01 Available online at: Lni.wa.gov/LegReports Table of Contents Executive Summary... 1 Introduction...

More information

Report to Congress. Computation of Annual Liability Insurance (Including Self-Insurance) Settlement Recovery Threshold

Report to Congress. Computation of Annual Liability Insurance (Including Self-Insurance) Settlement Recovery Threshold Report to Congress Computation of Annual Liability Insurance (Including Self-Insurance) Settlement Recovery Threshold As Required by Section 202 of the Medicare IVIG Access and Strengthening Medicare and

More information

COBRA Subsidy: Answers for Employers

COBRA Subsidy: Answers for Employers For Immediate Release: March 2009 Contact: Lisa R. Nelson, Esq. (858) 875-3017 lisan@barneyandbarney.com COBRA Subsidy: Answers for Employers The American Recovery and Reinvestment Act of 2009 (ARRA) provides

More information

http://www.irs.gov/newsroom/article/0,,id=205364,00.html

http://www.irs.gov/newsroom/article/0,,id=205364,00.html Page 1 of 5 COBRA Questions and Answers: Administration and Eligibility AE-1 Q. Now that the legislation has passed, how is this going to be communicated to the employer/payroll community? A. The IRS will

More information

RE: Loans in Areas Having Special Flood Hazards

RE: Loans in Areas Having Special Flood Hazards December 29, 2014 Robert dev. Frierson Secretary Board of Governors of the Federal Reserve System 20 th Street and Constitution Ave., NW Washington DC 20551 Docket No. R-1498 Legislative & Regulatory Activities

More information

Position Classification Flysheet for Insurance Examining Series, GS-1163. Table of Contents

Position Classification Flysheet for Insurance Examining Series, GS-1163. Table of Contents Position Classification Flysheet for Insurance Examining Series, GS-1163 Table of Contents SERIES DEFINITION... 2 EXCLUSIONS... 2 SPECIALIZATIONS AND TITLES... 3 EXPLANATORY STATEMENT... 4 GRADE LEVELS...

More information

RULES OF TENNESSEE DEPARTMENT OF COMMERCE AND INSURANCE INSURANCE DIVISION

RULES OF TENNESSEE DEPARTMENT OF COMMERCE AND INSURANCE INSURANCE DIVISION RULES OF TENNESSEE DEPARTMENT OF COMMERCE AND INSURANCE INSURANCE DIVISION CHAPTER 0780-1-76 SELF-INSURING ASSOCIATIONS AND NON-PROFIT TABLE OF CONTENTS 0780-1-76-.01 Purpose and Scope 0780-1-76-.11 Examinations

More information

The Honorable Orrin G. Hatch, Chairman The Honorable Paul Ryan, Chairman

The Honorable Orrin G. Hatch, Chairman The Honorable Paul Ryan, Chairman The Honorable Orrin G. Hatch, Chairman, Chairman Senate Committee on Finance House Committee on Ways and Means 219 Dirksen Senate Office Building 1102 Longworth House Office Building Washington, DC 20510

More information

Dodd-Frank for Foreign Financial Institutions and Publicly Traded Companies in the U.S.: An Update

Dodd-Frank for Foreign Financial Institutions and Publicly Traded Companies in the U.S.: An Update Dodd-Frank for Foreign Financial Institutions and Publicly The Dodd-Frank Wall Street Reform and Consumer Protection Act ( Dodd-Frank ), which was signed into law by President Obama on July 21, 2010, launched

More information

SEC Requests Additional Information on Conduct Standards for Broker-Dealers and Investment Advisers

SEC Requests Additional Information on Conduct Standards for Broker-Dealers and Investment Advisers CURRENT ISSUES RELEVANT TO OUR CLIENTS MARCH 18, 2013 SEC Requests Additional Information on Conduct Standards for Broker-Dealers and Investment Advisers In 2010 the Dodd-Frank Wall Street Reform and Consumer

More information

Accountable Care Organizations (ACOs) Work Group. March 6, 2014

Accountable Care Organizations (ACOs) Work Group. March 6, 2014 Accountable Care Organizations (ACOs) Work Group March 6, 2014 Agenda Welcome Introductions Agency Presentation Statutory Authorization for ACOs Work Group Charge Insurance Law Background Overview of Draft

More information

Comparison of Federal and California Continuation Laws

Comparison of Federal and California Continuation Laws COBRA CALIFORNIA Comparison of Federal and California Continuation Laws Covered Employers and Plan Coverage Qualified Beneficiaries (Employee / Dependents) Continuation Period FEDERAL (COBRA) Group health

More information

Patient Protection and Affordable Care Act of 2009: Immediate Health Insurance Market Reforms

Patient Protection and Affordable Care Act of 2009: Immediate Health Insurance Market Reforms Patient Protection and Affordable Care Act of 2009: Immediate Health Insurance Market Reforms Provision Notes Standards Development Applicability Effective Date PPACA Statutory Annual and Lifetime Limits

More information

May 20, 2013. Submitted electronically via http://www.regulations.gov

May 20, 2013. Submitted electronically via http://www.regulations.gov May 20, 2013 Submitted electronically via http://www.regulations.gov Office of Health Plan Standards and Compliance Assistance Employee Benefits Security Administration Room N-5653 U.S. Department of Labor

More information

Other states' coverage in WC residual market policies Resource kit 31034

Other states' coverage in WC residual market policies Resource kit 31034 Other states' coverage Other states' coverage in WC residual market policies Resource kit 31034 By Dan Corbin, CPCU, CIC, LUTC The idea of a uniform solution to other states coverage in the workers' compensation

More information

Bemis Company, Inc. Audit Committee Charter

Bemis Company, Inc. Audit Committee Charter Bemis Company, Inc. Audit Committee Charter BEMIS COMPANY, INC. AUDIT COMMITTEE CHARTER I. Purpose EXHIBIT 2 This charter establishes the responsibilities of the Audit Committee ( Committee ) of the Board

More information

Fiscal Year 2016, in Millions of Dollars Overseas Regular Appropriations 1/

Fiscal Year 2016, in Millions of Dollars Overseas Regular Appropriations 1/ Table 1: H.R. 2029, as Posted on the Website of the House Committee on Rules on December 16, 2015, Amendment #1, Divisions A L (the Consolidated Appropriations Act, 2016) December 16, 2015 House Subcommittee

More information

DEFENSE BASE ACT PROGRAM

DEFENSE BASE ACT PROGRAM DEFENSE BASE ACT PROGRAM Thank you for your recent request for information on the Defense Base Act Insurance. We hope that the following summary will aid you in understanding DBA coverage. Rutherfoord

More information

HQ 70/6.2.8 JUN 19 2001

HQ 70/6.2.8 JUN 19 2001 MEMORANDUM FOR ALL SERVICE CENTER DIRECTORS; REGIONAL DIRECTORS; DIRECTOR, OFFICER DEVELOPMENT TRAINING FACILITY, GLYNCO DIRECTOR, OFFICER DEVELOPMENT TRAINING FACILITY, ARTESIA HQ 70/6.2.8 JUN 19 2001

More information

Joseph C. Kohmann Chief Financial Officer and Treasurer Westfield Group May 20, 2014

Joseph C. Kohmann Chief Financial Officer and Treasurer Westfield Group May 20, 2014 Testimony of the Property Casualty Insurers Association of America (PCI) Before the Committee on Financial Services, Subcommittee on Housing and Insurance United States House of Representatives Joseph

More information

Bill 18-1008, Title Insurance Regulation. Clarification Act of 2010

Bill 18-1008, Title Insurance Regulation. Clarification Act of 2010 Government of the District of Columbia Department of Insurance, Securities and Banking Testimony of Philip Barlow Associate Commissioner Insurance Bureau Bill 18-1008, Title Insurance Regulation Clarification

More information

[Billing Code 7709-02-P] SUMMARY: This final rule amends Pension Benefit Guaranty Corporation s (PBGC)

[Billing Code 7709-02-P] SUMMARY: This final rule amends Pension Benefit Guaranty Corporation s (PBGC) This document is scheduled to be published in the Federal Register on 09/17/2015 and available online at http://federalregister.gov/a/2015-23361, and on FDsys.gov [Billing Code 7709-02-P] PENSION BENEFIT

More information

Chapter. Funding for Treatment of Hearing Impairments

Chapter. Funding for Treatment of Hearing Impairments . Chapter Funding for Treatment of Hearing Impairments Chapter 5 Funding for Treatment of Hearing Impairments Hearing services and devices are paid for directly by hearing impaired people or by private

More information

ARRA S IMPACT ON COBRA

ARRA S IMPACT ON COBRA Legislative Update February 26, 2009 ARRA S IMPACT ON COBRA The American Recovery and Reinvestment Act of 2009 (ARRA) was signed into law by President Barack Obama on February 17, 2009. Although the provisions

More information

Re: EBSA RIN 1210-AB32. Definition of the Term Fiduciary ; Conflict of Interest Rule-Retirement Investment Advice

Re: EBSA RIN 1210-AB32. Definition of the Term Fiduciary ; Conflict of Interest Rule-Retirement Investment Advice Via Electronic Submission to www.regulations.gov July 21, 2015 Office of Regulations and Interpretations Employee Benefits Security Administration Attn: Conflict of Interest Rule, Room N-5655 U.S. Department

More information