The NAIC's Social Media Working Group is drafting a white paper calling for state insurance regulators to ask insurers to adopt policies and controls regarding use of social media by [...]
The New York Insurance Department now requires all insurers, including previously exempt insurers, to provide annual registration statements the insurers’ holding companies file in other states. Insurers should send a [...]
Alaska passed HB 164. To view the bill and all of the changes go to www.legis.state.ak.us/basis/start.asp. Here is a summary of some of the changes: 1. Insurers who do not [...]
Connecticut implemented legislation to be compliant with the federal Nonadmitted and Reinsurance Reform Act (NRRA) that became effective on July 21, 2011. Contact the Connecticut Insurance Department Licensing Unit at [...]
The Non-admitted and Reinsurance Reform Act (NRRA) was created to make multistate surplus lines transactions and tax payments more uniform, efficient and streamlined for consumers, businesses and surplus lines brokers. [...]
The Governor of Texas has appointed Eleanor Kitzman as the new Insurance Commissioner beginning August 15. Her term will run until February 1, 2013. Kitzman is a former director of [...]
The Minnesota State Government has returned to work after the shutdown. Licensing functions will be unavailable until Friday, July 22nd. This information is brought to you by Supportive Insurance Services… [...]
House Bill 2679 (2011 Legislative Session), was passed by the Oregon Legislature. It conforms to the NRRA and makes other changes to Oregon’s surplus lines law. HB 2679 is effective [...]
Missouri passed Nonadmitted and Reinsurance Reform Act (NRRA) compliance legislation. However, the legislation does not include the state joining a compact or tax sharing agreement. The insurance licensing information provided [...]
Roy Woodall, Former Kentucky Insurance Commissioner, has been nominated by President Obama as the voting insurance member of the Financial Stability Oversight Council (FSOC). The FSOC’s responsibility is to monitor [...]
