Sentences with phrase «state insurance regulations»

Prior to this regulation, short term medical plans have been solely governed by state insurance regulations.

He feels it is crucial to have a federal standard on the books to replace the patchwork of state insurance regulations.

Under state insurance regulations, new auto companies are required to file an application that shows they have funding and a solid business plan.

In order to conduct business in a particular state, insurance companies are required to meet certain standards, as well as to comply with specific state insurance regulations and laws.

State insurance regulations strictly dictate the way deductibles are incorporated into the language of a policy and how deductibles are implemented, and these laws can vary from state to state.

State legislators set broad policies for state insurance departments, and advisory bodies like the National Association of Insurance Commissioners (NAIC) provide opportunities to pool resources and discuss issues related to life insurance regulation, since some state regulations affect life insurance rating rules.It's important to note that state insurance regulation involves several key functions, including market regulation to protect the consumer from overpriced policies.

05/05/2013 If you install a wood burner or wood stove in your home, your homeowners insurance policy may need to be updated to comply with state insurance regulations.

'» Does this mean that New York's «heavy state insurance regulation was a sham,» the newspaper asked?

The Kentucky Supreme Court ruled in 2010 that Medi - Share, which currently serves nearly 50,000 people in 49 states, offers a «shifting of risk» and thus shouldn't be exempt from state insurance regulations.

You need to, at least, review the extensive footnotes, and honestly, you need to dig even deeper than that to get a meaningful understanding of the process, because some superficially similar state insurance regulation programs are much more rigorous than others on an as applied basis.

Magna Life Settlements, Inc. is a leading life settlement provider licensed wherever state insurance regulations require, and able to do business in every state.

Often state insurance regulation prohibits considering traffic history other that convictions and accidents so that wrongfully accused persons aren't penalized.

State Insurance Regulation Including contract and form filings; licensing of insurance companies, producers, managing general agents, underwriters, and consultants; and compliance with required contract terms, standard non-forfeiture law, disclosure, replacement, suitability, unfair trade practice, and other regulatory requirements.

According to Colorado state insurance regulations, every driver in the state must have car insurance.

Just like every car owner in the state, local drivers have to carry Cedar Falls auto insurance protection according to Iowa state insurance regulations.

Replacement Often defined by state insurance regulation, a replacement is typically deemed to have been made when an agent solicits a new policy in exchange for an old one.

Many of these services go head - to - head with Zenefits (zenefits), the company Conrad started in 2013 and resigned from last year after problems surfaced over the company flouting of state insurance regulations.

State legislators set broad policies for state insurance departments, and advisory bodies like the National Association of Insurance Commissioners (NAIC) provide opportunities to pool resources and discuss issues related to life insurance regulation, since some state regulations affect life insurance rating rules.It's important to note that state insurance regulation involves several key functions, including market regulation to protect the consumer from overpriced policies.

The following are not considered a settlement under state insurance regulations: • A loan from an insurer under the terms of the life insurance policy (e.g., a policy loan) • A loan from a third party where the policy's cash value is used as collateral (collateral assignment) • A beneficiary designation without a transfer of value • A beneficiary designation of someone with an insurable interest in the insured

His practice focuses on compliance with state insurance regulations, and he regularly provides counsel with respect to licensing requirements, filings under the state insurance holding company acts, credit for reinsurance and investment limitations.

A CDs, although similar to an insurance policy, is not subject to federal or state insurance regulations.

It is very important to have a strong understanding of your state insurance regulations and information.

HTH insurance programs fully comply with state insurance regulations and afford purchasers full consumer protections.

Often defined by state insurance regulation, a replacement is typically deemed to have been made when an agent solicits a new policy in exchange for an old one.

This is more due to state insurance regulations... you must be able to enter into a contract on your own, and can't have a family member or other ward put money on your life without your full understanding.