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Filing Requirements Insurance Industry

Miles Mediation & Arbitration

A Chance for Substantial Verdicts: Recent Georgia Medical Malpractice Cases

The COVID-19 pandemic has affected every aspect of our lives, and the legal system is no exception. Court hearings went from being in-person to virtual, and court dockets swelled as cases were postponed. In 2023, the legal...more

Foley & Lardner LLP

5 Tips For Filing Gov't Notices After Insurance Producer M&A

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Each state Department of Insurance requires that insurance producers — brokers and agents — keep their information up to date in the DOI's records by timely notifying the DOI of any changes to the producer's information,...more

Foley & Lardner LLP

States Continue to Adopt NAIC Group Capital Calculation Updates

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In 2020, the National Association of Insurance Commissioners (the NAIC) revised the Insurance Holding Company System Regulatory Act (the “Model Law”) and Insurance Holding Company System Model Regulation (the “Model...more

Locke Lord LLP

Texas Department of Insurance Adopts New Group Capital Calculation Rule

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The Texas Department of Insurance (“TDI”) adopted a new group capital calculation filing requirement that is effective on November 7, 2022. The new rule, found in 28 Texas Administrative Code §7.215 (“Section 7.215”), is...more

Carlton Fields

Oregon DFR Invites Insurers to Discuss Ad Filing Requirements

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On November 5, 2021, the Oregon Division of Financial Regulation issued an invitation to comment on proposed filing requirements for life and health insurance advertisements. The centerpiece of the proposed ad filing...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Texas Implementation of Corporate Governance Annual Disclosure

In 2019, Texas enacted the corporate governance annual disclosure (“CGAD”) annual filing requirement for all Texas domestic insurers and HMOs. CGAD requires disclosure by insurers or insurance groups about the corporate...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Governor Issues Emergency Executive Order Suspending Provisions Requiring In-Person Witnessing and Notarization of Legal Documents

In Executive Order 20-12 issued Tuesday, Arkansas Governor Asa Hutchinson suspended certain requirements for witnessing and notarization of legal documents in order to limit in-person encounters and face-to-face meetings in...more

ArentFox Schiff

New York Requests Preparedness Plans to Manage COVID-19 Risk

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On March 10, 2020, the New York Department of Financial Services issued Insurance Circular Letter No. 5, titled “Guidance to Department of Financial Services Regulated Insurance Entities and Request for Assurance Relating to...more

Bricker Graydon LLP

Application deadline for BWC group-rating programs is fast approaching

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The Bureau of Workers’ Compensation (BWC) announced that private employers that are interested in the Deductible, Individual-Retrospective-Rating or One Claim programs must file an application by January 31, 2020, for the...more

Fox Rothschild LLP

Does Notice Of Cargo Value Satisfy Claim Filing Requirements?

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In a case decided earlier this year, the Ninth Circuit Court of Appeals addressed the question of whether a claim that notes the cargo’s total value but makes no mention of the claimed value satisfies the minimum claim-filing...more

Saul Ewing LLP

Pennsylvania Joins 25 Other States in Adopting a Corporate Governance Annual Disclosure (Cgad) Filing Requirement: What you Should...

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On October 24, 2018, Pennsylvania CGAD legislation (SB 1205) was signed into law. Pennsylvania now joins 25 other states in enacting a CGAD filing requirement based on the NAIC Corporate Governance Annual Disclosure Model...more

Carlton Fields

XBRL Amendments Have Limited Impact on Insurance Products

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On June 28, the SEC amended existing requirements for public operating companies and mutual funds regarding the use of eXtensible Business Reporting Language (XBRL) for financial statement information and risk/return...more

Saul Ewing LLP

PA Legislature Introduces Revised Version of Corporate Governance Annual Disclosure Statute Now to be Effective in 2020 – What Has...

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As reported in our October 2017 Alert, on October 3, 2017, the Pennsylvania legislature introduced legislation (HB 1848) to adopt a Pennsylvania-specific version of the NAIC Corporate Governance Annual Disclosure Model Act...more

Saul Ewing LLP

PA Legislature Introduces Corporate Governance Annual Disclosure Statute to Be Effective in 2018 – What All Insurers Need to Know...

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On October 3, 2017, the Pennsylvania legislature introduced legislation (HB 1848) to adopt a Pennsylvania-specific version of the NAIC Corporate Governance Annual Disclosure Model Act (“CGAD”) that would require insurers to...more

Polsinelli

Third Party Administrator Update: TPA Regulatory and Legislative Developments - September 2017

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Polsinelli is pleased to share the September 2017 Third Party Administrator Newsletter. The link is provided below. This newsletter covers topics throughout the year that impact TPAs. ...more

Polsinelli

Kansas Strengthens Third Party Administrator Laws

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Kansas Senate Bill No. 22, which became effective on March 9, 2017, amends the Kansas Third Party Administrator laws and appears designed to make them more robust by incorporating much of the language from the new National...more

Kramer Levin Naftalis & Frankel LLP

Funds Talk: March 2017

OCIE Highlights Frequent Topics for Compliance Deficiencies for Investment Advisers - On Feb. 7, 2017, the Securities and Exchange Commission’s (SEC’s) Office of Compliance Inspections and Examinations (“OCIE”) published...more

Carlton Fields

NY DFS Proposes New Regulation for Life and Annuity Non-Guaranteed Elements

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On November 17, the New York Department of Financial Services (DFS) issued a press release announcing its proposal of new Insurance Regulation 210 - Life Insurance and Annuity Non-Guaranteed Elements. Non-guaranteed elements...more

Proskauer Rose LLP

2016 Proskauer Annual Review and Outlook for Hedge Funds, Private Equity Funds and Other Private Funds

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This special report provides a summary of some of the significant changes and developments that occurred in the past year in the private equity and hedge funds space, as well as certain recommended practices that investment...more

Carlton Fields

SEC Exhibit Hyperlink Proposal Excludes Investment Companies

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The Securities and Exchange Commission (SEC) has proposed that filings on Securities Act registration form types beginning with “S-” and “F-”, or on the basic Securities Exchange Act reporting forms, provide hyperlinks to...more

Polsinelli

Third Party Administrator Update: TPA Regulatory and Legislative Developments - July 2016

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Polsinelli is pleased to share the June 2016 Third Party Administrator Newsletter. This newsletter covers topics throughout the year that impact TPAs. Information specific to Polsinelli's TPA practice is also included. ...more

Polsinelli

TPA Agreement Filing and Compliance Requirements

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The NAIC Model Third Party Administrator Act and almost every state that has enacted laws regulating TPAs require such agreements to comply with the following...more

Saul Ewing Arnstein & Lehr LLP

New Jersey Supreme Court Upholds Requirement That Notice of Insurance Claim Be Made “As Soon As Practicable”

The New Jersey Supreme Court’s decision in Templo Fuente De Vida Corp. v. National Union Fire Insurance Co. (decided February 11, 2016) upheld a carrier’s application of policy language requiring not only that notice be made...more

Winthrop & Weinstine, P.A.

Minnesota Commerce Commissioner Orders Insurers To Cease Using “Price-Optimization”

On November 16, 2015, Minnesota Commerce Commissioner Mike Rothman issued Administrative Bulletin No. 2015-3, which ordered Property & Casualty Insurers doing business in the State of Minnesota to cease using “price...more

Saul Ewing Arnstein & Lehr LLP

NAIC Adopts Corporate Governance Annual Disclosure Models – What All Insurers Need To Know

Insurers should be preparing now to comply with a significant new annual filing requirement on corporate governance. Understanding the type and scope of information that must be filed is critical to preparing for this new...more

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