FORC Journal - Vol. 28 Edition 2 - Summer 2017

It is our honor to present this 2nd edition of volume 28 of the FORC Journal of Insurance Law and Regulation. This edition covers issues such as multi-state hearings, workers compensation issues in New Mexico and Florida, regulatory obligations of insurance producers, and California’s issuance of regulations to administer The Unfair Practices Act. Thank you for your participation. We look forward to seeing you all at the NAIC Summer Meeting in Philadelphia.

Dan Cotter & Kori Johanson, Journal Co-Editors

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OVERVIEW OF THE REGULATORY AND COMPLIANCE OBLIGATIONS OF INSURANCE PRODUCERS, AGENTS AND BROKERS

By Michael T. Griffin, Esq. ACCEL LAW GROUP Bret Kupfer, Esq. ACCEL LAW GROUP
Up until the 1990s, most insurance producers, agents and brokers transacted business on a local or regional basis, with only the larger agents and brokers transacting business in multiple states.

WORKERS' COMPENSATION RATE REVIEW TESTS LIMITS OF FLORIDA'S SUNSHINE LAWS

By Travis Miller RADEY LAW FIRM
Florida has broad laws providing that meetings of governmental agencies must take place in public forums and that most documents held by public agencies must be made available to the public.

CALIFORNIA SUPREME COURT CLARIFIES INSURANCE COMMISSIONER'S AUTHORITY TO ISSUE REGULATIONS...

By Robert Hogeboom HINSHAW & CULBERTSON
Since the California Insurance Commissioner became an elected official in 1988 through the passage by voters of Proposition 103, a California initiative, the trend of elected Commissioners has been to push the bounds of regulatory authority...

WORKERS' COMPENSATION IN NEW MEXICO: THE ELIMINATION OF THE FARM AND RANCH LABORER EXCLUSION

By Gary R. Kilpatric, Esq. MONTGOMERY & ANDREWS, P.A. J. Brent Moore, Esq. MONTGOMERY & ANDREWS, P.A.
On June 30, 2016, the New Mexico Supreme Court issued an opinion, Rodriguez v. Brand West Dairy, which severely modified the New Mexico’s established workers’ compensation law.

MULTI-STATE HEARINGS UNDER THE HOLDING COMPANY ACT

By Steven J. Lauwers RATH, YOUNG & PIGNATELLI, P.C. Adam C. Varley RATH, YOUNG AND PIGNATELLI, P.C
In December of 2010, the National Association of Insurance Commissioners (the “NAIC”) adopted various, substantial amendments to its model Insurance Holding Company System Regulatory Act (the “Revised Model Act”) .