California — Abandoned Seniors: A bill has been given to Governor Gavin Newsom that will add abandonment to the state’s laws that protect the elderly. SB 314 is sponsored by Sen. Bill Dodd who pushed the bill after people living in senior homes in Santa Rosa were abandoned during a wildfire. They would have died in fires had relatives not arrived to rescue them.
“Deserting the frail and elderly when disaster strikes is not acceptable and can’t be allowed to happen again,” he said. “These vulnerable people must be protected, especially with the growing wildfire threat. My bill penalizes caretakers who shirk their responsibilities and encourages more people to do the right thing.”
Source link: Press Democrat
California — Surplus Lines Stamping: The board of the Surplus Line Association of California is going to adjust the stamping fee to 0.25% starting on January 1, 2020. It goes up from 0.2% where it has been for the last seven years.
The fee is the main revenue source for the SLA. It’s the non-profit designated by the California Department of Insurance to review the 800,000 or so surplus lines filings that happen each year.
Robert Gilbert is the chair of the SLA board. “We know that a change in the stamping fee is a cost and an inconvenience for policyholders, as well as our members and their employees who file surplus lines policies with the SLA,” he said. “In fact, our members have told us that they prefer no change at all, whether it is an increase or a decrease, because the clerical adjustments create extra work and system changes can be confusing. That is why we kept the stamping fee constant for seven years.”
Source link: Insurance Journal
Oregon — From the Department of Insurance: Updated Product Standards
The Division has updated the following product standards:
440-2452M – Medicare Supplement Product standards Plans sold on or after June 1, 2010 and Plans Sold on or after January 1, 2020.
You can find a list of Current Filing Forms here: http://dfr.oregon.gov/rates-forms/Documents/current-filing-forms.pdf
You can view or update your subscriptions, password or e-mail address at any time on your User Profile Page. All you will need are your e-mail address and your password (if you selected one).
This service is provided to you at no charge by Oregon Department of Consumer and Business Services. Visit us on the web at http://www.oregon.gov/DCBS/.
Oregon — Wildfire Prevention: Pacific Power — taking a cue from Pacific Gas & Electric (PG&E) in California — is going to be taking steps to make sure its equipment won’t be sparking wildfires in Oregon.
Spokesman Scott Bolton said, “We want to make sure, going forward, that we’re keeping communities safe during those high-wind and dry conditions.”
Pacific Power’s new policy will be clearing vegetation from around power lines and poles. More inspections will be had and field crews will be trained in fire suppression. And if dangerous, windy weather hits, the company may implement safety power shutoffs and cut power to areas vulnerable to fire.
The company serves 587,365 customers around the state.
Source link: OPB