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NEW JERSEY SIMPLIFIES ITS PRODUCER LICENSING LAWS, OR DOES IT?
Susan Stryker, Esq. New Jersey's insurance producer licensing laws are comp rehensive, and insurers and producers alike have been shackled by numerous and oft times confusing statutes and regulations regarding licensure.
WHOLESALE DISTRIBUTION IN WISCONSIN
Noreen J. Parrett, Esq. Alan S. Ogilvie, Esq. It is common practice in most states for insurance intermediaries to refer business to each other in order to efficiently and cost-effectively place business with specialty insurers.
FEDERAL REGULATION OF INSURANCE IN RETROSPECT AND FOR THE FUTURE
Nicholas M. Monaco, Esq. Prior to the invention of the Gutenberg press in 1452, notations by the monks who recorded the then current events in Latin reflect that the dawn of insurance regulation probably occurred centuries ago.
THE REFERRAL OF CONTROLLED TITLE BUSINESS IN KANSAS
William W. Sneed, Esq. In 1989 the Kansas Legislature enacted HB 2502, which significantly restricted the ability of banks, real estate companies and independent mortgage brokerage firms from referring customers to affiliated title insurance companies.
SALUTARY EFFECT OF THE RETALIATORY TAX IN PROMOTING ECONOMIC DEVELOPMENT OF THE INSURANCE INDUATRY IN IOWA
Fred M. Haskins, Esq. Many states have what is knows as "retaliatory" statutes, designed to protect their domestic insurance industry from excessive taxation in other states.
OPTIONAL FEDERAL CHARTERING OF INSURANCE COMPANIES
Robert M. Ferm, Esq. Beth A. Dickhaus, Esq. During June 2002, the House Committee on Financial Services, Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, held three days of hearings entitled "Insurance Regulation and Competition for the 21st Century."
LEGISLATIVE REVIEW OF ADMINISTRATIVE RULES IN THE STATE OF WASHINGTON
Daniel C. Blom, Esq. When the legislature passes an insurance law and the Governor signs it, the gavel passes to the regulator, subject to such review as the law permits by the courts.
REUNDERWRITING INSURANCE POLICIES IN MARYLAND
Alan N. Gamse, Esq. The cyclical nature of the insurance marketplace as it shifts between hard and soft markets can create underwriting nightmares for insurers and, in turn, increased employment for their compliance counsel. |
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