Search for: "Joel S. Ario"
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27 Aug 5:37 am
... the award) in connection with its petition to intervene to assert a right to setoff. The Liquidator joined in Republic's request to seal such documents. Relying upon the
factors set forth in Century Indemnity Co. v. Certain Underwriters at Lloyd's London, 592 F. Supp. 2d 825 (E.D. pa. 2009), the court granted the parties' joint request ...
generally afforded to documents filed with the court. A copy of the court's opinion and order, captioned Joel S. Ario v. Reliance Ins. Co., No. 269 M.D ...
8 Jul, 2008 12:11 pm
As of July 3, 2008, Joel Ario is now the full and confirmed, by a 50-0 vote, the Insurance
Commissioner of Pennsylvania. Those of us who do filings in PA, will need to make a change to the address block on submission letters, but since Ario has been Acting Commissioner for a year, not much else is likely to change ... Ario is one of a small number of
insurance commissioners who have served in two states, having been Oregon's Insurance Administrator for 6 years prior to leading the PA Department.
14 Jun, 2007 3:30 am
Joel Ario, former insurance administrator of the Insurance Division in the Oregon Department of
Consumer and Business Services ("DCBS"), has confirmed that he has accepted the nomination by Pennsylvania Governor Edward Rendell to serve ... Randy Rohrbaugh, the acting Pennsylvania
commissioner. Rohrbaugh took over in February after Diane Koken, Pennsylvania's former permanent commissioner, resigned. The Insurance Commissioner oversees the state Insurance
Department, which licenses insurance companies ...
22 Mar 12:02 pm
... ." These points were further underscored in testimony this week by Pennsylvania Insurance Commissioner Joel Ario at a Congressional hearing before the U.S. House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored
Enterprises ... - created the systemic risk that caused the federal government to intercede. Additional action at the federal level, Ario
stressed, should be collaborative, transparent and inclusive - and should integrate state-based insurance regulation ...
19 Oct, 2008 10:49 pm
... controversial long-term care insurance policies, requested Pennsylvania Insurance Commissioner Joel Ario establish a new company, Senior Health Insurance Company of Pennsylvania, to manage ... University and editor of "The Insurance Forum," closely examined
Conseco's proposal. He advocates Ario should not merely disapprove the plan, but also should ... pa.us/ins/lib/ins/conseco/034.pdf.
Futhermore, says Belth, Conseco's plan "would lead to a series of substantial premium increase requests that would place ...
26 Sep, 2008 1:00 pm
... COMMISSION HAS THE SITUATION UNDER CONTROL WITH AIG Pennsylvania Insurance Commissioner, Joel Ario, informed AIG Policyholders in Pennsylvania that the Insurance Commission's most recent examination of AIG Companies indicate that they are
financially ... national level, the National Association of Insurance Commissioners (NAIC) has established a working group to oversee AIG's insurance interests and coordinate
with federal regulators as needed. Pennsylvania Insurance Commissioner, Ario, serves as ...
26 Nov, 2007 11:55 pm
Scott Kipper has been selected to replace Joel Ario as the administrator of Oregon's Insurance
Division of the Department of Consumer and Business Services ("DCBS"). As previously reported here, Joel Ario left the ... deputy commissioner in the Office of Health Insurance for the Louisiana Department of Insurance. As noted by the DCBS press release,
Kipper's "accomplishments in Louisiana include extensive coalition building to create, implement, and enforce emergency rules to ensure continuation of ...
1 Jul, 2008 10:29 am
... resulting in harm to the corporation that would have been mitigated by a timely declaration of bankruptcy. The case arose out of Deloitte's auditing of Reliance Insurance
Company, which subsequently was declared insolvent. The plaintiff, Pennsylvania Insurance Commissioner Joel Ario, alleges that Deloitte improperly certified Reliance's loss reserves, thereby permitting Reliance to escape regulatory scrutiny beyond the point
in time when ...
13 Oct, 2008 1:00 pm
... "cash in". According to our research, more than 8 million customers in the U.S. have bought into long term care policies and the numbers have ... Insurance Commissioner
Joel Ario. Evidently, the trust will be later folded into an independent trust fund by John W. Wells,
Senior Vice President of Conseco's LTC ... company knows that if it waits long enough to pay out the, the customers will die. Conseco's customers are some of the most
vulnerable members of the population. Former CFO of Conseco, Rollin ...
9 May, 2008 6:23 am
Acting Insurance Commissioner Joel Ario today announced a 40-state settlement with Conseco Inc.,
which was necessary due to a pattern of consumer harm in the company's long-term care insurance business. The Pennsylvania Insurance Department led the multi-state investigation,
which resulted in a $2.3 million fine and an additional $30 million in claims-handling improvements and [...]
23 Sep, 2008 4:26 pm
... Commissioner Sandy Praeger opened the briefing by defending state regulation of insurance companies in light of recent suggestions that AIG's financial difficulties
demonstrate a need for a federal regulation. She also noted that while AIG may be the world's ... . The Task Force is comprised of members from all U.S. states, as well as
international participants. Its leadership, Superintendent Eric Dinallo (NY) and Commissioner Joel Ario (PA), reiterated the value of state insurance regulation in ...
26 Sep, 2008 6:57 pm
... policy holders about the security of their AIG policies. According to the State of New York Insurance Department, "AIG's insurance companies are financially strong and fully
able to honor all policyholders' claims." The link to the press release can be found here: Yesterday, Joel Ario, the Insurance Commissioner of the Commonwealth of Pennsylvania released a statement declaring that his department's most recent examination of
the AIG Companies that are domiciled in Pennsylvania ...
19 Apr 4:36 pm
... from Penn Treaty Network America Insurance Company. See "Long Term Policies That Will Last." Back then, the Leiberman's chief concern was not having purchased a policy that
adjusted for inflation. When they increased their benefit from $50 ... were to sell or liquidate. A March 13, 2009, letter to policyholders explained the Pennsylvania Insurance
Commissioner Joel Ario is performing a financial analysis of the company with plans for
"rehabilitation." What went wrong with Penn Treaty and what can ...
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