FORC Journal - Vol. 22 Edition 1 - Spring 2011

With the arrival of spring, comes the anxiously awaited edition of the FORC Journal.  Be sure to share with your friends and colleagues so no one feels left out.

Kevin Fitzgerald, Editor

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EXEMPTION IMPLICITLY EXITS IN THE MODEL PRODUCER LICENSING ACT FOR SOLICITATION OF GROUP EMPLOYER/PO

By  Fred M. Haskins, Esq., PATTERSON LAW FIRM
A not untypical marketing or servicing arrangement for an insurer soliciting employees for insurance coverage which is an employee benefit (purely for the benefit of the employees) may have a number of defined roles.

PLAYING BY THE RULES: NEW TWISTS IN FLORIDA ADMINISTRATIVE RULEMAKING

By  Travis L. Miller, Esq., RADEY LAW FIRM
The insurance regulatory structure in Florida is known for its complexity..

CONNECTICUT WORKS TO ENHANCE LIFE INSURANCE DISCLOSURES

By  Sam S.F. Caligiuri, Esq., DAY PITNEY LLP
On February 3, 2011, the Connecticut Insurance Department (the “Department”) issued Bulletin IC-27, regarding the “Use of Retained Asset Accounts” (the “Bulletin”).

REGULATION OF REINSURANCE IN CANADA: OSFI MAKES SIGNIFICANT CHANGES

By  J. Brian Reeve, Esq., CASSELS BROCK & BLACKWELL LLP
In 2008, the Office of the Superintendent of Financial Institutions (“OSFI”) launched a comprehensive policy review of its regulatory and supervisory approach to the regulation of reinsurance in Canada.