We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
Lexology logo
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 27

New York P&C rate, rule and form filings now available for on-line download

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • May 7 2012

The New York Department of Financial Services (the “Department”) has made a major step in making it easier for the public to view property and casualty insurance company rate, rule and form filings through a free online database

Medical Loss Ratio requirements force reduction in commissions paid to insurance agents and brokers

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • March 9 2012

Lawmakers and insurance industry leaders are expressing concern over the Medical Loss Ratio (MLR) requirements under the Patient Protection and Affordable Care Act of 2010 (PPACA

New Illinois Department of Insurance acting director named; new Montana Deputy Commissioner of Securities and Insurance named

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • January 5 2012

Robert E. Wagner has been appointed as acting director of the Illinois Department of Insurance (the “Department”) by Governor Pat Quinn

Congressional panel expresses concern over medical loss ratio

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • December 28 2011

Concerns over the Medical Loss Ratio, a key requirement under the Patient Protection and Affordable Care Act of 2010, were expressed at a House Subcommittee on Investigations, Oversight and Regulations hearing in mid-December over how it will reduce competition among healthcare insurers and harm healthcare insurance agents and brokers

Massachusetts passes statutory ban on the use of credit-based insurance scores for private passenger automobile insurance

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • December 2 2011

Massachusetts Governor Duval Patrick signed H. 3795, which bans the use of credit-based insurance scores in the underwriting and rating of private passenger automobile insurance, into law on November 22, 2011 as Chapter 195 of the Acts of 2011

Connecticut Insurance Commissioner elected secretary of the NAIC’s Northeast Zone and will serve on the NAIC’s Executive Committee

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • December 1 2011

Thomas B. Leonardi, Commissioner of the Connecticut Insurance Department, was elected as the secretary of the National Association of Insurance Commissioner’s (“NAIC”) Northeast Zone during the NAIC’s Fall 2011 meeting

Keep those power lunch receipts; the New York Department of Financial Services may consider such entertainment expenses as producer compensation to be disclosed

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • November 28 2011

An inquirer recently asked the New York Department of Financial Services Office of General Counsel (the “OGC”) whether (1) lunch bought for an insurance producer by an insurer qualifies as compensation to be disclosed under Regulation 194 (effective January 1, 2011); and (2) if it qualifies, how should an insurer maintain a record of the cost of that lunch when multiple producers are present at the lunch, but only one is the binding producer?

Illinois Department of Insurance director named

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • November 23 2011

Andrew R. Stolfi has been appointed as acting director of the Illinois Department of Insurance (the “Department”) by Governor Pat Quinn

National Association of Insurance Commissioners states that the United States will gain Solvency II equivalence

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • November 22 2011

In a statement last week, Therese Vaughn, Chief Executive Officer of the National Association of Insurance Commissioners (the NAIC”), stated that the state-based regulatory system in the United States should be deemed equivalent to the Europe Union’s Solvency II regulatory process

NCOIL believes a state legislator should be appointed to the Federal Advisory Committee on Insurance

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • November 9 2011

As we discussed earlier this week, the United States Treasury Department (the “Treasury”) announced the appointments of 15 individuals to serve as members of the Federal Advisory Committee on Insurance (the “Committee”