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References in periodicals archive ?
However, insurers and another agent trade association generally do not support any statute or regulation establishing mandatory underwriting inspection requirements because of advances in technology to combat automobile insurance fraud and theft, and even question the need for the mandatory photo inspection of motor vehicles, contending that national databases such as CARFAX[R] and the National Insurance Crime Bureau store vehicle identification numbers and motor vehicle claims information that can be used to determine whether a motor vehicle to be insured actually exists and whether it has any previous physical damage.
An agent trade association expressed concerns with the requirement set forth in 11 NYCRR 67.3(b)(7), (8) and (10) that in order to waive the mandatory inspection requirement, a vehicle must be physically inspected by the previous insurer, particularly in the case where the vehicle is new or has not been sold or transferred.
In their letter, the four agent trade groups said that a narrow MLR could adversely affect spending on important health plan activities such as case management, wellness, disease management and fraud and abuse prevention programs.
Agent trade groups' primary focus is on getting input on which services would be defined as medical expenses in the new medical loss ratio regulations that will be effective in September, Kopperud said.
Specifically, as defined by NAIFA and other insurance agent trade groups, the proposal would expand the application of the Investment Advisors Act to require all broker-dealers, "except for mere order takers," to also become registered and regulated as investment advisers.
The letter from the three life insurance agent trade groups makes similar points.
Officials of all insurance agent trade groups that have worked on the bill lauded a provision of the Senate Finance bill which says specifically that insurance agents would be allowed to sell insurance to individuals and businesses purchasing health insurance through the exchanges proposed in the legislation.
A top life insurance agent trade group official said the report "buttresses our position that the McCarran-Ferguson Act should be retained as is."
(b) Model of price determination: the mechanism is to decide the stock price at which the agent trades, which is similar to the real Taiwan stock market.
The only changes to the schedule would be agent trades and swaps and unscheduled time off and vacations.
However, if an agent trades with the market-maker after having already searched, his surplus is assumed to be discounted by a constant, [delta], 0[less than or equal to][delta][less than or equal to!1.
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