FORC Journal - Vol. 23 Edition 2 - Summer 2012

Summer is here (and so is the FORC Journal)!  Enjoy the latest from your colleagues. 

Kevin Fitzgerald, Editor

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SOMETHING OF VALUE: THE SAFETY, SECURITY AND SANCTITY OF THE STATE INSURANCE GUARANTY SYSTEM

By  Stephen W. Still, Esq., MAYNARD COOPER & GALE PC
“If a man does away with his traditional way of living and throws away his good customs, he had better first make certain that he has something of value to replace them.“

FLORIDA LEGISLATURE SIDES WITH GOVERNOR IN AFFIRMING EXECUTIVE BRANCH CONTROL OVER RULEMAKING

By  Travis L. Miller, Esq., RADEY LAW FIRM
Last year Florida welcomed a new governor, Rick Scott, after he prevailed in the general election in the fall of 2010. Governor Scott's first official act was to issue Executive Order 11-01 suspending agency rulemaking and creating an Office of Fisca

THE FORM F ENTERPRISE RISK REPORTING REQUIREMENT FOR INSURANCE HOLDING COMPANY SYSTEMS

By  Frances R. Roggenbaum, Esq., SAUL EWING LLP
Enterprise risk identification, management and reporting are key elements of the NAIC’s Solvency Modernization Initiative (the “NAIC SMI”).

UPDATE REGARDING MEDICAL LOSS RATIO REPORTING UNDER FEDERAL AND STATE LAW

By  Richard J. Fidei, Esq., GREENBERG TRAURIG LLP and Fred E. Karlinsky, Esq., GREENBERG TRAURIG LLP
With the June 1, 2012, deadline for filing medical loss ratio (“MLR”) data reports under federal law fast approaching, health insurers need to be up to date with the federal MLR reporting requirements and new guidance issued by federal and state regu