Sentences with phrase «coverage.many state insurance regulators»

In 2014, Utah temporarily banned the company from operating because, state insurance regulators reportedly argued, its free services are equivalent to a rebate meant as an incentive to purchase insurance.

When it became apparent that the cost - sharing subsidies to the insurers would be cut off, state insurance regulators and insurance carriers concentrated the premium increases to their silver plans instead of spreading the premium increase across all their marketplace plans.

Per Eversheds Sutherland, the NAIC proposal the following key changes that state insurance regulators could then consider incorporating into their existing suitability regulations:

I can't be totally certain here, but I suggest that all major state insurance regulators should send Ben Bernanke, Tim Geithner, and Hank Paulson some really nice gifts, because had AIG's life companies failed, the state guaranty funds would have been hard pressed to come up with something north of $ 10 billion by surcharging the other insurance companies doing business in each state.

The NAIC serves the needs of consumers and the industry, with an overriding objective of supporting state insurance regulators as they protect consumers and maintain the financial stability of the insurance marketplace.

Shares are generally lower than premiums for conventional health coverage.Many state insurance regulators have asked whether the sharing programs are illegally...

During the trial, Bonomo pinned PRI's financial issues on state insurance regulators, who set the premiums that medical malpractice firms can charge doctors.

I suspect that this is because health insurance has been historically regulated by states rather than the federal government and this was a convenient way of allocating jurisdiction among state insurance regulators.

One of the key witnesses from the first trial, malpractice insurance executive Anthony Bonomo, has since been ousted by state insurance regulators for self - dealing and cronyism, providing Skelos» defense team with ammunition to challenge his credibility

The defense is seeking documents that PRI and AFP produced to state insurance regulators, as well as transcripts of 16 depositions conducted by DFS, and communications between DFS and the U.S. attorney's office in Manhattan.

We look forward to continued engagement with our state insurance regulators at the National Association of Insurance Commissioners as they consider these important issues.»

The NAIC's overriding objective is to assist state insurance regulators in protecting consumers and helping maintain the financial stability of the insurance industry by offering financial, actuarial, legal, computer, research, market conduct and economic expertise.

Investment Analysis: As requested by state insurance regulators, the Capital Markets Bureau provides a number of services --(1) Preliminary Investment Analysis and detailed Investment Analysis Reports; (2) Detailed Asset Reviews; (3) Derivatives Use Plan Reviews; and (4) On - Site Examination Support.

The state insurance regulator allowed a reinsurance treaty to give reserve credit where no risk was passed.

US state insurance regulators offer an excellent line of defence (they have a far better record than bank regulators!).

I can't be totally certain here, but I suggest that all major state insurance regulators should send Ben Bernanke, Tim Geithner, and Hank Paulson some really nice gifts, because had AIG's life companies failed, the state guaranty funds would have been hard pressed to come up with something north of $ 10 billion by surcharging the other insurance companies doing business in each state.

A good place to investigate insurance companies is with your state insurance regulator's office or the National Association of Insurance Commissioners (NAIC).

Contact your state insurance regulator for more information.

The NAIC also provides information on how to contact your state insurance regulator to verify that a company and an individual agent are licensed to sell in your state.

3) The state insurance regulators did a better job than the Federal banking regulators — the state regulators did not get captured by those that they regulated, and were more natively risk averse, which is the way regulators should be.

Also, even if the system did work for a while, it would have to receive approval from state insurance regulators, who would probably decline to grant approval in this scheme, and it could also almost certainly be invalidated by a local government ordinance if it became a problem.

The NAIC's overriding objective is to assist state insurance regulators in protecting consumers and helping maintain the financial stability of the insurance industry by offering financial, actuarial, legal, computer, research, market conduct and economic expertise.

Insurance Regulatory Information System (IRIS)- a baseline solvency screening system for the National Association of Insurance Commissioners (NAIC) and state insurance regulators established in the mid-1970s.

State insurance regulators establish standards and best practices and are a good resource for anyone who is having trouble with their insurance company, have questions about insurance practices, or feel they are being treated unfairly during the course of a claim.

(Note: Trump nixed reimbursing CSRs to insurers, but moves by some state insurance regulators, coupled with language in the ACA, have largely kept this from affecting consumers who qualify for them.

February 10, 2014 - Several state insurance regulators recently reported on funds recovered in 2013 for consumers who had complaints and disputes with their coverage providers.

Check your state insurance regulators.

Meanwhile, as insurers put their assets into more risky investments, state insurance regulators have more or less given the green light.

The groups explained that, absent action by state insurance regulators to force insurers to lower rates, the tax - related profit windfall of $ 25 billion or more would not benefit insurance consumers.

They must get approval from state insurance regulators.

Depending on the mandates established by state insurance regulators, sinkhole coverage can be offered either as an endorsement to a property insurance policy or as a stand - alone policy.

While it is possible for this letter to change the minds of your insurer, if it does not, you can talk with your state insurance regulator to see if there is anything they can do for you.

Your state insurance regulator can also tell you whether a broker has a record of complaints.

The mission of the NAIC is to assist state insurance regulators, individually and collectively, in serving the public interest.

The residual automobile insurance market (also known as the shared market) is the buying option for a person who can not buy a standard automobile insurance because they or their automobile is classified as too high a risk by state insurance regulators.

The National Association of Insurance Commissioners, whose members are state insurance regulators, recommends talking with your insurance agent as your circumstances and needs change.

Heller suggests checking the website of your state insurance regulator and researching complaints or actions against auto insurers.

The Texas Association of REALTORS ® is talking with state lawmakers about closing a loophole created in 1993 that lets insurers structure themselves as county mutual companies or high - risk Lloyd's - type insurers, both of which operate outside the jurisdiction of the state insurance regulator, says Bill Stinson, TAR government affairs director.

As a result of these factors, some of the country's biggest insurers are pulling out of the market entirely or seeking approval from state insurance regulators to scale back their coverage or get hefty premium increases.

By closing the loophole, the state insurance regulator can prevent the insurers from imposing dramatic premium increases or eliminating coverage.

Not exact matches

The lack of such assurances has been a major complaint from the insurance industry and from state regulators.

This includes private companies and cooperatives that file a 10 - K or a comparable financial statement with a government agency, and mutual insurance companies that file with state regulators.

According to orders published on government web sites for New Jersey and Arizona, Zenefits was ordered to pay insurance regulators $ 100,000 and $ 15,000 for those states, respectively.

The RCR process is a due - diligence process whereby each advisory firm was compared with the RCR database of all regulatory actions from all four primary regulators: the SEC, FINRA, state regulators and state insurance commissioners.

The RCR process is a due - diligence process whereby each advisory firm was compared with the RCR database of all regulatory actions from all four primary regulators: SEC, FINRA, state regulators and state insurance commissioners.

Because all the data we collect comes from the Securities and Exchange Commission, the Financial Industry Regulatory Authority, state regulators and state insurance commissioners.

As Congress considers or creates new structures to allow information sharing regarding cybersecurity and other matters among law enforcement agencies and regulators, we strongly urge the inclusion of state securities, insurance, and banking regulators in those discussions and in any new framework.

A number of commenters also asserted that the rulemaking exceeded the Department's authority or would be better left to other regulators, such as the Securities and Exchange Commission or state insurance commissioners.

Notably, the National Financial Work Conference has been the stage for: forming agencies to regulate the insurance and securities industries and bank bailout strategies in 1997, creating banking regulators and listing state - owned banks on exchanges abroad in 2002, creating the sovereign wealth fund, establishing the China Investment Corporation in 2007, which currently has assets of $ 813.5 billion, and developing methodologies for dealing with the global financial crisis of 2008.

If that wasn't enough, the National Association of Insurance Commissioners formed a working group to examine the possibility of state regulators using key principles of the DOL fiduciary rule for annuity sales.