Search for: "MAINE SUPERINTENDENT OF INSURANCE"
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27 Feb 2017, 9:00 am
Diamond's actions come on the heels of a dispute between Progressive and Maine Superintendent of Insurance, Eric Cioppa, last year when Progressive sought approval for “rate changes that would allow the company to charge older Mainers higher auto insurance premiums based solely on their age. [read post]
8 Feb 2008, 12:44 am
Baldacci has nominated Mila Kofman as the Superintendent of the Maine Bureau of Insurance. [read post]
16 Mar 2012, 5:43 am
The Supreme Judicial Court said that Maine’s insurance superintendent had “properly balanced the competing interests” in arriving at an approved rate increase of 5.2 percent. [read post]
19 Apr 2021, 9:04 am
The Maine Superintendent may exempt a line of insurance from the diligent search requirement if, after a hearing, it is determined that no “reasonable or adequate market” exists for that line (as of the date of this Bulletin, there are no coverages in Maine eligible for direct export). [read post]
1 Aug 2011, 5:32 pm
The $4 assessment would generate $25 million a year to support the reinsurance pool, said Eric Cioppa, acting superintendent of the state Bureau of Insurance. [read post]
21 Feb 2008, 8:24 am
In prepared testimony to the House Financial Services Subcommittee on Capital Markets, New York Insurance Department Superintendent Eric Dinallo said that such separation is one of the proposals regulators have been discussing with struggling bond insurers, FGIC Corp., MBIA Inc., and Ambac Financial Group Inc. [read post]
2 Jan 2014, 7:00 am
Moreover, the sector continues to expand alongside broader economic growth.According to the Insurance and Reinsurance Superintendent of Panama (SSRP), insurance premiums rose by 8.2% in 2012. [read post]
4 Jun 2009, 6:46 am
“Maine Insurance Superintendent Mila Kofmann says that, under the settlement, Bankers Life and Casualty Company has also agreed to offer refunds, plus interest, to any consumers who answered Medicare solicitations from the company and then were sold others Bankers Life insurance products. [read post]
16 Apr 2011, 11:59 am
The Court dismissed the action as against the Superintendent. [read post]
29 Feb 2012, 7:20 am
So 3% is not a lot of money.The Maine Dept. of Insurance said 1% was fair and that was supposed to be the end of it.So Anthem appealed to the state Supreme Court and this is what happened.In its ruling, the Supreme Judicial Court said that Maine’s insurance superintendent had “properly balanced the competing interests” in arriving at an approved rate increase of 5.2 percent. [read post]
6 Oct 2009, 2:31 pm
" Janet Mills is the Maine Attorney General who is representing the superintendent of insurance. [read post]
22 Jan 2010, 1:57 am
Gloria Sabando, Ecuador’s Superintendent of Banking and Insurance, recently announced that the seventeen (17) companies that operate in the country’s mandatory auto coverage market (SOAT--Seguro Obligatorio de Accidentes y Transito) must return US$ 19.4 million in premium to their customers, representing a 30% credit against “excessive” premiums charged in 2009. [read post]
20 Aug 2020, 5:28 am
Property and Casualty Insurance Maine: On August 20, the Maine Superintendent of Insurance issued Bulletin 452 to the attention of property casualty insurers, producers with property or casualty authority, surplus lines insurers, and surplus lines brokers, stating that Bulletin 452 indefinitely extends the guidelines established in Bulletin 444, issued on April 15, 2020, and is otherwise identical to Bulletin 444. [read post]
12 Mar 2012, 1:49 am
Hodson, and former Superintendent of the New York State Insurance Department Gregory V. [read post]
COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (June 18, 2020)
18 Jun 2020, 2:44 pm
Health Insurance Maine: On June 18, Superintendent Cioppa released Bulletin 450, addressing the state epidemiologists Standing Order (released June 8th) for COVID-19 testing. [read post]
15 Apr 2020, 3:50 pm
Maine: On April 15th, Superintendent Eric Cioppa issued Bulletin 445 stating that the Maine Department of Insurance will issue temporary insurance producer licenses to applicants who otherwise meet the requirements for licensure without requiring the successful completion of an examination. [read post]
28 Oct 2011, 10:26 am
“Consumers in Maine had to go to court to get some of this stuff that we’re going to get now,” she said. [read post]
30 Sep 2012, 12:20 pm
"Understanding what steps to take following an accident can make a difficult situation manageable and less stressful," Superintendent Eric Cioppa said. [read post]
18 May 2020, 4:58 pm
Maine: On April 15th, Superintendent Eric Cioppa issued Bulletin 444 to property and casualty insurers, producers with property or casualty authority, surplus lines insurers, and surplus lines brokers, providing guidance on how to implement premium reductions and refunds in compliance with Maine law. [read post]
16 Mar 2011, 6:37 am
Maine is the first state to receive an adjustment to the rule.The federal government's letter to Mila Kofman, Maine's superintendent of insurance, stated, "We agree with the reasoning that led to the [Maine Bureau of Insurance's] conclusion that application of the 80 percent [MLR] standard in Maine has a reasonable likelihood of destabilizing the Maine individual health insurance market. [read post]
