Notice is hereby given that a hearing will be held at 10:00 AM on Tuesday, December 15, 2009, at the offices of the Alabama Department of Insurance, 201 Monroe Street, Suite 1700, Montgomery, Alabama, as follows:
Revision of Section 19 of Regulation No. 71 [Rule 482-1-071-.19], which sets forth the requirements for approval of Medicare supplement advertisements and marketing material. Under the revisions, approval of marketing material will only be granted if, in the judgment of the Commissioner, the material complies with the requirements of state statutes and regulations. The revision establishes deadlines for filing of Medicare supplement marketing material in use in the state. (2 pages)
Revision of Section 20 of Regulation No. 71 [Rule 482-1-071-.20], which sets forth clarification regarding standards for marketing and marketing practices. Revisions include the establishment of marketing procedures that are not false or deceptive and have received prior approval of the Commissioner. Revisions also include criteria for direct or indirect marketing practices. (3 pages)
Revision of Section 7 of Regulations No. 146 [Rule 482-1-146-.07], which revises the composition of the Department’s Review Committee for Criminal History Disclosure Forms, Felony Convictions and 18 U.S.C. § 1033 written consent. (4 pages)
Adoption of new proposed Regulation No. 149 [Chapter 482-1-149], which sets forth requirements for the filing of loss reserve actuarial opinions, actuarial opinion summary and actuarial report and workpapers by property and casualty insurers. (8 pages)
Any person wishing to submit testimony at said hearing is requested to submit said testimony in writing to the Alabama Department of Insurance, Attention: Legal Division, Post Office Box 303351, Montgomery, Alabama 36130-3351. Any written submission of testimony prior to the hearing will not preclude anyone from making an oral or written presentation at the hearing.
A copy of the regulations may be obtained by written request to the Alabama Department of Insurance, Post Office Box 303351, Montgomery, Alabama 36130-3351. The request must include payment of one dollar per page and a self-addressed, postage paid return envelope. An unofficial copy may also be obtained at no charge via electronic mail. You may send an e-mail request to Brenda.Camp@insurance.alabama.gov.