IFAwebnews » Michael T. McRaith

Illinois to more closely probe health insurers’ rate hike requests

IFAwebnews Staff — Mon, 01 Nov 2010 11:19:04 +0000

The Illinois Insurance Department is imposing new reporting requirements for health insurers seeking to raise rates, making it one of a number of states using federal funds to dig deeper into proposed premium increases.

Illinois to more closely probe health insurers’ rate hike requests via IFAwebnews.

Democrats ditch health premium assistance to states in reform bill

Keith L. Martin — Fri, 19 Mar 2010 12:57:20 +0000

Once lauded as a way for the federal government to aid states in conducting reviews of “unreasonable” rate increases on health insurance, a plan pitched by the Obama Administration is not in a health reform bill set for a vote March 21.

Democrats ditch health premium assistance to states in reform bill via IFAwebnews.

Broker compensation debate ‘ramping up’ with New York, national action

Keith L. Martin — Mon, 26 Oct 2009 13:00:25 +0000

The possible end of bans on contingent commissions and New York’s proposal of new rules on broker compensation could lead to national and state regulatory changes affecting insurance sales.

Broker compensation debate ‘ramping up’ with New York, national action via IFAwebnews.

Moody’s reverses course on testifying at NAIC ratings review

Keith L. Martin — Tue, 22 Sep 2009 10:42:40 +0000

A day after sharp criticism from a New York regulator on their decision not to participate in a hearing on ratings services and their impact on the insurance industry, Moody’s Investors Services has said it will attend the gathering.

Moody’s reverses course on testifying at NAIC ratings review via IFAwebnews.

NAIC to examine credit rating agencies’ impact on insurance regulation

Keith L. Martin — Mon, 14 Sep 2009 11:00:18 +0000

The National Association of Insurance Commissioners will take an in-depth look at the nation’s credit rating agencies, from their role in regulation in light of the current financial climate to a possible alternative to the groups.

NAIC to examine credit rating agencies’ impact on insurance regulation via IFAwebnews.