Department Issues Notice As To CAARP Electronic Application Submissions

The Department of Insurance has issued a 15-Day Notice of Text with respect to proposed amendments to the CAARP Plan of Operations.В  The amendments were the subject of a hearing on September 22, 2009.В  The Department found that its Initial Statement of Reasons issued in connection therewith failed to meet the necessity standards in Government Code Section 11349 (a).В  The Department has therefore now updated its Statement of Reasons.В  The regulations themselves are unchanged.В  The changes are designed to conform the Plan of Operations to coordinate with information requested on the Electronic Application Submission Interface (EASi) application and to satisfy the Department’s examination findings.В  The EASi application amended, deleted, and added several provisions that were not included in the Plan of Operations.В  Written comments on the issue are due by August 3, 2010.В  However, comments on the regulations themselves — unchanged from the previous release — will not be considered.

July 13, 2010   Posted in: Blog