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Indiana Department of Insurance Released New Life Insurance How-To Guide

Indianapolis – The Indiana Department of Insurance created the Life Insurance How-To Guide in response to Senate Enrolled Act No. 425 (SEA 425), which is effective on July 1, 2015. SEA 425 requires the Indiana Department of Insurance to develop, post and maintain on the Internet information concerning life insurance

Insurance Laws that became effective on July 1, 2015

Of the 130 news laws that took effect on July 1, several of them impact insurance: Flood Insurance: SB 1094 intended to provide flexible insurance options for flood coverage. Drones: SB 766 prohibits the use of aerial drones to capture images that could infringe on the privacy of property owners

Gov Scott: BP Settlement Will Help Florida Invest in Key Projects

TALLAHASSEE, Fla. – Today, Governor Rick Scott released the below statement following the announcement from BP on settling with the United States and Gulf coast states impacted by the 2010 Deepwater Horizon oil spill.  As part of the agreement in principle, Florida will receive at least $3.25 billion.  This includes

States Starting to Tackle High Drug Costs

The battle over drug prices is playing out in states across the country, with at least four states capping consumers’ out-of-pocket costs and others considering transparency requirements to force drug companies to explain their high prices. The efforts come as the cost of prescription medicines continues to climb, especially among

OIR to Review Charges of HIV Rx Drug Discrimination in ACA Plan Filings

The Florida Office of Insurance Regulation (OIR) is reviewing ACA plan filings that were due on May 15 to determine whether there is discrimination in coverage of HIV prescription drugs under the plan formularies.  In a memo (attached) issued by OIR on March 25, OIR directed insurers to refer to

Five Disruptors in the Property and Casualty Industry

Wherever you turn in the business and technology media, the talk is all about the next disruption buy generic accutane. In the beginning, there was Google and Amazon. More recently, there’s been Facebook and social media platforms. Insurance has managed to sidestep most of these early forces of radical change