SC Insurance Bulletin 2008-05

Bulletin 2008-05 Withdrawal of Certain Life Accident and Health Insurance Business Bulletins

Year: 2008Length: 352 wordsOfficial source
I TO: FROM: SUBJECT: DATE: MARK SANFORD BULLETIN NUMBER 2008-05 Insurers, Producers, Brokers and Other Persons Transacting the Business of Insurance in the State of South Carolina Scott H. Richardson, CPCU Director Insurance Withdrawal of Certain Bulletins Pertaining to Life, Accident and Health Insurance Business April 2, 2008 Effective immediately, the South Carolina Department of Insurance hereby withdraws the bulletins listed below: Bulletin Number Subject Action 62-2 Weekly Premium Life Insurance Withdrawn 68-4 Single check payment plans Withdrawn incident to purchase of mutual fund shares and payment of premiums for related life insurance 68-5 Sale of mutual funds in connection Withdrawn with insurance/annuity contracts 68-12 New Contestability Period Withdrawn 69-4 Use of rubber stamp endorsements, Withdrawn strike-overs and blot-outs incident to form approval 71-2 Federal fair credit reporting act Withdrawn 72-3 South Carolina insurance guaranty Withdrawn association- plan of operation 73-2 South Carolina insurance guaranty Withdrawn association- plan of operation 74-13 Employer or other policyholder Withdrawn administered group life or accident and health insurance plans 77-14 Maximum dependent group life Withdrawn coverage 80-8 Effective date of readability Withdrawn regulation 69-5.1 81-3 Effective date of readability Withdrawn regulation 69-5.1 as it pertains to individual accident and health policy forms; and effective date of individual accident and health insurance minimum standards regulation 69-34 82-2 Trust funds - unearned premiums Withdrawn 82-4 Refund Unearned Premiums Withdrawn 88-5 Pre-admission authorization Withdrawn requirements 89-3 Property and casualty insurance Withdrawn supplemental reports 91-3 Health insurance reform Withdrawn 94-6 Omnibus budget reconciliation act Withdrawn of1993 If you have questions regarding this Bulletin1, please contact Carla Griffin at the South Carolina Department oflnsurance via phone at (803) 737-6230 or via email at LAHmail@doi.sc.gov. 1 Bulletins are the method by which the Director of Insurance formally connnunicates with persons and entities regulated by the Department. Bulletins are not law. They are departmental interpretations of South Carolina insurance laws and regulations and provide guidance on the Department's plans for enforcement. Bulletins neither set forth legal rights, duties or privileges nor provide legal advice. Readers should consult applicable statutes and regulations or contact an attorney of your choice if additional information is needed.