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Dec 16, 2015

PHOENIX – Governor Doug Ducey today announced the appointment of Andy Tobin as interim superintendent of the Arizona Department of Financial Institutions, replacing outgoing Superintendent Lauren Kingry, who recently resigned....

Nov 4, 2015

The purpose of this Bulletin is to advise all surety insurers that engage bail bond agents to post appearance (bail) bonds in Arizona courts of a change of procedure within the Department.  As of the date of this Bulletin, the Department will now refer indemnitors with unreleased liens on vehicles and real property directly to the surety insurer that issued a bail bond that the court has exonerated if it cannot communicate with the bail bond agent or the bail bond agent fails to cooperate in releasing the lien.

Nov 2, 2015

Frequently Asked Questions Regarding the Suspension of Meritus Mutual Health Partners and Meritus Health Partners....

Oct 30, 2015

Two Arizona health insurance companies have been placed under supervision by the Arizona Director of Insurance, Andy Tobin.  Director Tobin filed an Order for Supervision on October 30, 2015, to place Meritus Health Partners and Meritus Mutual Health Partners into supervision....
 

Oct 28, 2015

On October 23, 2015, the Arizona Department of Insurance (“Department”) published a Notice of Final Exempt Rulemaking in the Arizona Register, (21 A.A.R. 2448, October 23, 2015). The rulemaking conforms Article 16 – Credit for Reinsurance, AAC R20-6-1601 through R20-6-6012 and Exhibits A through D, to recent updates to A.R.S. §§ 20-261.03, 20-261.05 through 20-261.08 (Credit for Reinsurance)....

Oct 19, 2015

On October 16, 2015, the Arizona Department of Insurance published a Notice of Rulemaking in the Arizona Register, (21 A.A.R. 2401, October 16, 2015).  The rulemaking proposes to amend Article 11 – Medicare Supplement Insurance, AAC R20-6-1101, to update the incorporation by reference of the NAIC Model Regulation to Implement the NAIC Medicare Supplement Insurance Minimum Standards Model Act, which includes the Genetic Information Nondiscrimination Act of 2008 (Model Regulation). 

Oct 16, 2015

H.R. 1624, better known as the PACE Act, was signed into law on October 7, 2015.  The PACE Act amends the provision of the Affordable Care Act (42 USC 18024) that defines small and large group employers.  Further, the PACE Act permits individual states to define "small employer" as "...an employer who employed an average of at least 1 but not more than 100 employees on business days during the preceding calendar year and who employs at least 1 employee on the first day of the plan year."

Oct 2, 2015

Phoenix, AZ – The Arizona Department of Insurance Fraud Unit arrested Donald Parra, 41, of Mesa.  Mr. Parra is the owner of “Precision 1 Auto Glass” (recently re-named to “Family Glass Shop”) located at 1947 North Lindsey Road, #107 in Mesa, AZ.  Mr. Parra was booked at the MCSO jail charged with several felony charges including Identity Theft and Insurance Fraud after making fictitious automobile glass claims to insurance companies.

Jul 22, 2015

The Department of Insurance is mailing insurer annual assessments Thursday, July 23...

Jul 10, 2015

PHOENIX – A Tucson man was sentenced on July 6, 2015, to 60 years in prison as the result of an insurance fraud investigation by the Arizona Department of Insurance....

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