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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)....
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).
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."
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.
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....
By 5/15/15, Arizona’s major medical health insurers filed forms and rates that will be effective on 1/1/16. To view a list of the threshold rate increases (10% or greater) requested by health insurers in those filings, visit our Information about Health Insurance Rate Increases web page.
PHOENIX – With wildfire season upon us, the Arizona Department of Insurance reminds homeowners that now is the time to take steps to protect your property against loss. Although it’s impossible to predict when and where wildfires will occur in Arizona, it is possible to predict that they will occur. Each year an estimated 1,500 wildfires occur in Arizona.
The Arizona Department of Insurance Director has issued an updated exemption order regarding life, health, disability and long-term care form filings....
NOTICE OF PUBLIC COMMENT PERIOD BEGINNING APRIL 1, 2015 AND ENDING APRIL 15, 2015. The State of Arizona Department of Insurance gives Notice that, pursuant to Arizona Revised Statutes §§ 20-1110(F) and 20-1691(F), the Director will receive public comment to assist her in determining whether certain life, disability and group long-term care insurance product forms should be exempt from the filing requirements.
It’s Wildfire Awareness Week in Arizona and parts of the Southwest, and the focus is on increasing awareness and promoting actions that reduce the risks from wildfire to homes and communities. Part of being prepared for wildfires, or any disaster, is planning for disaster recovery. That’s where insurance comes in. You may be ready, but is your insurance?
We are aware of a phishing scam targeting insurance professionals claiming that the National Association of Insurance Commissioners received a complaint that the professional submitted a falsified claim. This fraudulent email displays the NAIC and CIPR logos, can originate from what appears to be an naic.org or gmail.com email account, and instructs the recipient to click on a link to download the complaint notification.
Certain antivirus products will detect this as a malicious email. If you receive a similar email and have any concerns, contact the NAIC Service Desk at (816) 783-8500 or [email protected].