 |
| Consumer Affairs and Business Regulation |
| |
FISCAL YEAR 2007 RESOURCE SUMMARY ($000)
| DEPARTMENT |
FY 2007 Budgetary Recommendations |
FY 2007 Federal, Trust, and ISF |
FY 2007 Total Spending |
FY 2007 Budgetary Non-Tax Revenue |
|
| Division of Insurance |
10,717 |
2,515 |
13,232 |
59,961 |
|
| TOTAL |
10,717 |
2,515 |
13,232 |
59,961 |
| | | | Division of Insurance |
13,231,997 |
| |
|
No related outside sections |
| |
| Budgetary Direct Appropriations |
10,716,896 |
| Direct Appropriations |
|
| |
| Division of Insurance |
| | | 7006-0020 |
For the operation of the division of insurance, including the expenses of the board of appeal on motor vehicle policies and bonds, certain other costs of supervising motor vehicle liability insurance, and the expenses of the fraudulent claims board; provided further, that notwithstanding any general or special law to the contrary, 100 per cent of the amount appropriated in this item shall be assessed upon the institutions which the division currently regulates pursuant to powers granted to the division by the General Laws, a special law, or state regulations, except for licensed business entity producers; and provided further, that said assessment shall be in addition to any and all assessments currently assessed upon the institutions and shall be made at a rate sufficient to produce $10,716,896 in additional revenue to fund this item |
10,716,896 |
| |
| Trust and Other Spending |
2,515,101 |
| |
| 7006-0031 |
Prudential Insurance Settlement Trust |
34,392 |
| |
| 7006-0032 |
Hancock Settlement Trust |
33,646 |
| |
| 7006-0037 |
Ancillary Receivership Trust |
22,111 |
| |
| 7006-0038 |
AAA Life Insurance Settlement Trust |
2,640 |
| |
| 7006-0039 |
UNUM Provident Settlement Trust |
591,468 |
| |
| 9222-7500 |
Medical Malpractice Analysis Bureau |
520,401 |
| |
| 9222-7650 |
Workers' Compensation Rating Bureau Trust Fund |
895,130 |
| |
| 9222-7900 |
State Rating Bureau Medical Malpractice Insurance Trust |
415,313 |
|
 |