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February 25, 2008
 
Print Version of All Articles in Feb. 25 ICI
Print out this file for all the text in the current issue....
 
Health Net to Pay $9.36 Million for Improper Policy Rescission
One of California’s largest health insurers will pay $9.36 million in damages and toughen its operating procedures after coming up on the losing end of an arbitration decision involving a woman whose health insurance was canceled while she was being treated for breast cancer....
 
Florida Seeks to Suspend Allstate’s license; State Farm Says It Won’t Write Any New Property Business
Two of the largest property/casualty insurers in Florida may soon be out of the business of writing new property insurance in the state....
 
NAIC Self-Assessment Finds States Are Meeting Uniformity, Reciprocity Standards
The NAIC has completed a three-month evaluation of the uniformity of producer licensing laws and practices and concluded that states are doing a pretty good job with reciprocity and uniformity....
 
NAIC, Lawmaker Groups Agree to Cooperate on State-Based Regulation
Leaders representing the NAIC, the National Conference of Insurance Legislators and the National Conference of State Legislatures are pledging to work more closely to promote state-based insurance regulation....
 
Spring Conferences Feature Focus on Compliance, Market Regulation, Money Laundering, Fraud
Put these meetings and conferences on your calendar....
 
Rules, Regs & Bulletins Feb. 25, 2008

A summary of recent regulatory developments and legislation....