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Around the PIA Western Alliance States

Posted By Administration, Wednesday, May 24, 2017

Arizona — Regulatory Bulletin 2017-01
Property and Casualty Commercial Insurance Notices.

This regulatory bulletin supersedes and withdraws previously issued Regulatory Bulletin 2002-03 and Regulatory Bulletin 2002-03A, and summarizes updated requirements that insurers must observe with regard to notifying policyholders of premium increases, changes in deductible, reduction in limits or reduction in coverage.  To view the full version of this bulletin, and to access other Department-issued bulletins, visit the Arizona Department of Insurance Regulatory Bulletins web page (https://insurance.az.gov/regulatory-bulletins).

 

California — Medical Payments from Work Comp Drop
The Workers’ Compensation Research Institute says California’s work comp reforms have kept claims of more than 7 days of lost time steady. Most other states saw an increase last year.

So the total cost of work comp claims from 2014 to 2016 changed very little and is said to be stable. A decrease in the payments to medical providers is said to be the reason.

Source link: Insurance Journal

 

California — New General Counsel
Insurance Commissioner Dave Jones announced the appointment of Ken Schnoll as General Counsel for the California Department of Insurance. Schnoll brings more than 30 years' experience to his new role, including work in regulatory and transactional matters with health insurers and property-casualty insurers.

"Given all of the regulatory and legal issues that are a part of the Department's ongoing regulation of insurance companies and insurance markets, Ken's tremendous knowledge and expertise gleaned from over 30 years' experience in the insurance industry will serve us all well," said Insurance Commissioner Dave Jones.

Schnoll leaves behind a successful practice as a partner at Dentons US LLP where he focused on insurance regulation and health care practices. Prior to that, Schnoll was a partner with Le Boeuf, Lamb, Green and MacRae. During his career he has gathered extensive legal expertise relevant to his new role at the department, including drafting legislation and appearing before legislative committees to testify and participate on both the state and federal rulemaking process.

"I'm looking forward to joining Commissioner Jones and his team to take on the tough issues facing California's insurance market," said Ken Schnoll.

Schnoll is a graduate of the University of Wisconsin and the McGeorge School of Law.

The department's previous General Counsel, John Finston, recently left the Department to return to private practice. Finston's work on behalf of the department and California's consumers was meaningful and deeply appreciated.

 

California — Oakland Warehouse Fire Suit
The families of the people who died in the Oakland, California warehouse fire during an unlicensed concert have filed suit against the owner and manager of the building. The fire killed 36 people.

Criminal charges are also being explored.

Source link: Insurance Journal

 

Montana — Captive Law
Montana Governor Steve Bullock has signed into law a bill to remove an important cog for captive companies that are put together as reciprocal insurers. It allows captives to enter dormancy.

Translated: the bill removes the requirement that reciprocal insurers have 25 or more people living in Montana. The bill also allows these companies to be inactive and not lose their license to operate in the state.

Source link: Business Insurance

 

Oregon — Republicans & Medicaid Fiasco
Governor Kate Brown’s staff has admitted that the state has improperly given Medicaid benefits to ineligible recipients. Senate Republican Leader Ted Ferrioli of John Day is demanding answers and says Democrats are stalling.

“Based on the secretary of state's audit which indicates there is an inadequate process for confirming the eligibility of recipients it's the Legislature's responsibility to dive deeper, to look deeper, and to exercise diligence in determining the facts. We would welcome a bicameral, bipartisan inquiry, and if Democrats are unwilling to participate, Senate and House Republicans should proceed. What will happen to people who thought they had health care under Medicaid who may actually be ineligible?” he said.

The governor admits that about 8% of the 86,000 Medicaid recipients should not have received benefits. But Ferrioli says that number is more likely 115,000.

 

Washington — Cellphone Ban
Be careful when driving in Washington. Governor Jay Inslee just signed a new law into effect that bans holding hand-held phone devices while driving.

And that includes while you’re stopped at stop signs or stop lights.

He did veto one section of the law that said the bill takes effect July 1st. Inslee wants it to go into effect immediately and now it will.

Source link: Insurance Journal

Tags:  Around the PIA Western Alliance States  Insurance Content  Insurance Industry  Insurance News  ObamaCare  Weekly Industry News 

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