New York finally eases rule effecting agent compensation
- Mich. liquidation seeks return of commissions. Mulcahy, Colleen // National Underwriter / Property & Casualty Risk & Benefits Manag;3/28/94, Vol. 98 Issue 13, p17
Discloses the effort of Michigan Insurance Bureau to recoup commissions earned by defunct agents. Summons and complaints of Commissioner David Hyke against agents of American Commercial Liability Ins. Co.; Provision of Michigan's solvency statute which addresses preferential transfers of fund...
- State tackles unfair commission practices. King, Mason // Indianapolis Business Journal;10/20/97, Vol. 18 Issue 31, p25
Focuses on the controversy regarding the practice of withholding commissions to Indiana agents who sell policies to small businesses with high-risk employees. Comments from Indiana Insurance Commissioner Sally McCarty; Provisions of the 1997 Health Insurance Portability and Accountability Act...
- Michigan agents compromise on bank insurance sales. Mulcahy, Collen // National Underwriter / Life & Health Financial Services;11/28/94, Vol. 98 Issue 48, p1
Reports that Michigan Association of Insurance Agents (MAIA) agreed to back compromise legislation allowing banks in the state to sell insurance as long as they comply with certain regulations. Significance of the ruling on the case `Ludington vs. Commissioner of Insurance' from the Michigan...
- Clarify N.Y. Reg 60, agents say. King, Carole Ann // National Underwriter / Life & Health Financial Services;12/7/98, Vol. 102 Issue 49, p1
Reports on the desire of insurance agents in New York state for regulators to clarify the state's Regulation 60 governing disclosure of policy replacements. Background on the impact of the policy on life insurance agents; Need for more discussion about the law in terms of procedures.
- New York Senate Passes Bill To formalize Reciprocity Agreement With Other States On Agent/Broker Licensing. Eckert, Carrie // Insurance Advocate;9/22/2003, Vol. 114 Issue 35, p18
Reports on the New York State Senate's passage of legislation that will make it easier for New York State's licensed insurance agents and brokers to do business in other states. Overview of the bill; Sponsor; Role of the bill in preserving a number of exemptions from licensing that are...
- Pataki/Bruno Report Agreement On Licensing Legislation. Eckert, Carrie // Insurance Advocate;9/22/2003, Vol. 114 Issue 35, p18
Reports on the agreement between Governor George E. Pataki and Senate Majority Leader Joseph L. Bruno on legislation that will make it easier for New York State's licensed agents and brokers to be licensed to do business in other states. Role of the legislation in strengthening New York's vital...
- Dereg In Three States May Hinge On Agents. Katz, David M. // National Underwriter / Property & Casualty Risk & Benefits Manag;01/31/2000, Vol. 104 Issue 5, p1
Focuses on the bill in Virginia exempting insurers of risk from approval of rates and forms by the state's Corporation Commission. Effects of industry changes on the deregulation of commercial lines; Criteria that an entity must meet to be exempted; Concerns of state's insurance agents.
- Insurance law fallout is less than expected. Drury, Tracey // Buffalo Law Journal;6/2/2011, Vol. 83 Issue 44, p4A
The article reports on the developments of a law implemented on insurance brokers and agents in New York wherein they claim that the New York Insurance Regulation 194 has no impact on client policies.
- Despite Fierce Pressures, Health Agents Hold On. Bell, Allison // National Underwriter / Life & Health Financial Services;2/19/2001, Vol. 105 Issue 8, p6
Focuses on the challenges faced by health insurance agents in the United States. Status of the compensation rates of insurance agents; Problems posed by Internet companies; Impact of federal and state health insurance underwriting laws on the agents. INSETS: Jim Culver;William Skip Aiken;W....