Leader's Edge   Return to Table of ContentsTell the Editor
Leader's Edge

Regulatory News

ARIZONA

The Insurance Department 2005-2006 Annual Report is available online. The 135-page report provides data on the Arizona insurance market and the department’s operations.www.id.state.az.us

ARKANSAS

Insurance Commissioner Julie Benafield Bowman has been elected vice chair of the Southeastern Zone of the National Association of Insurance Commissioners. The Southeastern Zone is comprised of commissioners and regulators from Florida, West Virginia, South Carolina, Alabama, Arkansas, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, Tennessee, Virginia and the U.S. territories of Puerto Rico and the Virgin Islands. www.insurance.arkansas.gov

CALIFORNIA

California Insurance Commissioner Steve Poizner orders an audit of the State Compensation Insurance Fund amid questions about governance and management of the organization. ww.insurance.ca.gov

COLORADO

The department Web site offers a report on rating flexibility in small group/small employer markets. www.dora.state.co.us/insurance/pr/rateflex07.pdf

DELAWARE

Commissioner Matthew Denn has revived his efforts in the state legislature for three reform measures that address health insurance and medical malpractice insurance. The bills regulate health insurance rates, create a health insurance pool and attempt to lower the cost of medical malpractice insurance. The bills passed the state Senate last year but did not come up for a vote in the state House. www.delawareinsurance.gov

FLORIDA

Commissioner Kevin McCarty testifies before Congress that it is always more inexpensive to finance disaster recovery before a catastrophe occurs. www.floir.com

KANSAS

Bulletin 2007-03 discusses the renewal of the Kansas Alternative Mediation Program (K.A.M.P.). www.ksinsurance.org

KENTUCKY

The insurance department issues a notice outlining education and training requirements for property agents who sell flood insurance. doi.ppr.ky.gov

LOUISIANA

The governor and insurance commissioner are pushing a bill to create an incentive program for property insurers to operate in the state. Carriers that commit new capital for property insurance in the state and that take over policies covered by the state’s last-resort insurer would receive a grant matching their capital investment. >> Bulletin 07-01 addresses a requirement for written disaster plans for all property and casualty insurance carriers in the state. www.ldi.state.la.us

NEW JERSEY

Many homes in three counties that were flooded by a Nor’easter were not covered for flood damage. The Insurance Council of New Jersey says that at the end of February 2007, there were only 215,271 active National Flood Insurance Program flood policies in the state. >> Commissioner Steven Goldman has issued a public notice concerning the state premium subsidy for medical malpractice insurance. The notice is available on the department’s Web site. www.state.nj.us

OKLAHOMA

Gov. Brad Henry vetoes major tort reform bill that would have altered procedures, requirements and rewards for class action lawsuits. While supporting reform, he says the bill tied the hands of the state while doing nothing to stop frivolous lawsuits. State Attorney General Drew Edmondson asked Henry to veto the bill saying it would impede the state in its litigation. >> Insurance Commissioner Kim Holland contracts with Psychological Services to administer insurance license testing. www.oid.state.ok.us

OREGON

The Department of Consumer and Business Services issues a report on the role of commercial health insurance. The report includes a summary of health insurance regulation, data about the market as a whole, financial profiles of the largest insurers in Oregon, an overview of cost-control initiatives and recommendations to improve the affordability and effectiveness of commercial health insurance.www.cbs.state.or.us

< Prev1 2 Next >
 
(2 pages)
 Return to Table of Contents

Email PagePrint PageArticle reprintsArticle tools sponsored by


Full Leader's Edge Archive. Previously published articles, listed by subject below.

arrow Industry Leaders    arrow Wholesalers    arrow Legal Issues   arrow Regulatory Issues  
arrow International Risk arrow Management    arrow Industry News    arrow Regulatory News
arrow Market News   arrow Cartoons


CouncilEdge
Council Edge
Your weekly online update of broker news and analysis
.

The Council Calendar

Wholesale Insurance Leadership Forum, May 10-12 2010

Employee Benefits Leadership Forum, June 1-4 2010


CFO Workshop/Leadership Development Conference, June 16-18