Annual report highlights examinations of high-risk agents
TORONTO, May 2, 2023 /CNW/ – Through market conduct supervision and enforcement activities, The Financial Services Regulatory Authority of ont (FSRA) is working to ensure life and health insurance agents are compliant with legislation, regulations, and that they are working to achieve fair outcomes for customers.
In 2021-22, the FSRA reviewed 115 higher-risk life agents and the results are included in the first Life and Health Insurance Agent Supervision Report which is being released today. Annual reporting of life agent supervision contributes to public confidence through promoting transparency, disclosure of information, and deterring…
obamacare
Here’s what’s in the bill that spurred the latest Republican walkout from the Oregon Senate
Republicans walked out of the Oregon Senate this week in large part to avoid a vote on a reproductive health care bill that passed the House on Monday. The bill passed despite delay tactics in the House and 6 hours of floor debate. OPB covered that debate and the contents of the bill on Tuesday, publishing a story shortly before the walkout commenced. Below is the short version of that story — just four main things to know about the bill that caused Republican state senators to walk out of the statehouse again.
State senate in session at the Oregon…
Unlicensed health insurer fined, ordered to stop operations in Minnesota
(FOX 9) – A health insurance company based in Texas, but operating in Minnesota, has been fined and ordered to stop selling unlicensed insurance policies in Minnesota.
Salvasen Health, its owner Barry Glenn, and multiple affiliates have been fined $553,000 by the Minnesota Department of Commerce (DOC) and ordered to stop their operations in Minnesota, the DOC said in an announcement Wednesday.
According to the department, Salvasen and affiliates were not licensed in Minnesota to sell health insurance plans but sold unapproved health plans to Minnesota consumers regardless.
The DOC provides regulatory oversight of insurance for Minnesota and initially acted…
Lemon Poppy Seed Protein Sparing Angel Food Cake
Many of you know I worked at a coffee shop since I was 15 years old. At this cute coffee shop, I would make the best lemon poppy seed muffins with delicious lemon curd dolloped on top! Before school, I would go to the coffee shop to make the scones and the muffins and then after school, I would go back to work. At the end of the day, I got to bring home the cinnamon rolls, scones and lemon poppy seed muffins that didn’t sell! So guess what??? I would make lemon poppy seed muffins to make sure I…
Countless Florida residents could lose Medicaid health insurance coverage
Countless Florida residents are in jeopardy of being dropped from the Medicaid program, a federally subsidized health insurance designed for low-income individuals and families.
Experts say residents who receive Medicaid insurance should be on the look for an envelope with a yellow stripe or an email seeking information that will be sent 45 days prior to a recipient’s renewal date.
Those whom the state cannot renew because they lack up-to-date income information or because they are deemed ineligible will receive a 45-day notice by letter or email. They will then have 90 days to reapply if they believe they are…