Tag Archives: Department of Insurance

Indiana Adopts Guidance On PBR Implementation

In early 2013, Indiana became one of the first states in the country to pass legislation (HEA 1321) enacting the principled-based reserving method for calculating life insurance policy reserves (i.e., the Standard Valuation Manual).  However, before the law could become … Continue reading

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Indiana Department of Insurance Prohibits Price Optimization in Setting Rates

The Indiana Department of Insurance this week issued Bulletin 219 stating the Department’s position that the practice of “price optimization” in setting personal lines insurance rates is prohibited. According to the Bulletin, “price optimization” involves “using data collection and analysis … Continue reading

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2014 Indiana Legislative Updates # 6 and # 7

Boy, you get a couple of new cases in the door, and the next thing you know–boom!–our friends at Bose Public Affairs Group have dropped not one, but two new 2014 Indiana Legislative Updates. There’s a lot to digest here, … Continue reading

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IDOI Issues Bulletin on Mandatory ILHIGA Disclaimer

On October 7th, 2013, the Indiana Department of Insurance released Bulletin 200 (Indiana Life and Health Guaranty Association Disclaimer), which requires ILHIGA member insurers to include the “Summary Document” (attached to the Bulletin) with every policy or contract to a … Continue reading

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Latest Insurance Developments in 2013 Indiana Legislative Session

Hot off the presses, here’s the latest Insurance Legislative Report from our colleagues at Bose Public Affairs Group. Click the image below for the full report. Two noteworthy developments from the report: Certificates of Insurance: HB 1322, the NCOIL Model … Continue reading

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Follow Us for Updates on the 2013 Indiana Legislative Session

The 2013 Indiana Legislative session is underway, and our colleagues at Bose Public Affairs Group are monitoring all the insurance-related developments.  We at the Bose Insurance Blog want to be sure you’re informed every step of the way, too, so: … Continue reading

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Indiana Department of Insurance Issues Bulletin Regarding Certification of Independent Review Organizations

The Indiana Department of Insurance recently published an updated Bulletin setting forth the procedures for certification of independent review organizations (“IROs”) with respect to the external review grievance process.  Click here for a copy. In accordance with the federal Patient … Continue reading

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Indiana Likely To See Worker’s Comp Hospital Fee Schedule Legislation in 2013

Indiana is one of a few states that do not have a hospital fee reimbursement system.  Instead, Indiana uses repricers to determine reimbursement rates.  That may be changing. Over the course of this summer and fall, the Indiana Interim Committee … Continue reading

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Indiana Department of Insurance Releases Proposed Rules Regarding Standards for Financially Hazardous Companies and Treatment of Confidential Information

Today, the Indiana Department of Insurance released proposed rules regarding: the standards for companies deemed to be financially hazardous, and a process to allow the commissioner to determine whether certain information submitted to the department is confidential. The proposed standards … Continue reading

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Indiana Department of Insurance Issues Final Rule Regarding Senior-Specific Certifications (and Other Rules Updates)

The Indiana Legislative Services Agency today published three insurance-related rules updates.  They are: #12-406(F) (which means it’s a final rule):  regarding the use of senior-specific certifications and professional designations in the sale of life insurance and annuities; #12-464:  intent to … Continue reading

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