NOTICE OF HEARING

DOCKET NO. G2013-04

Proposed Amendments to Regulation 211 CMR 149.00 – Annual Comprehensive Financial Statements Pursuant to M.G.L. c. 176O, § 21

 

            Pursuant to Massachusetts General Laws Chapter 30A and the authority granted to the Commissioner of Insurance by SECTION 40 of Chapter 288 of the Acts of 2010 (“SECTION  40”) and M.G.L. c. 176O, § 21(c), a hearing will be held at the offices of the Division of Insurance (“Division”), 1000 Washington Street, Boston, MA  02118-6200 on April 16, 2013 at 1 p.m.  The purpose of this hearing is to afford all interested persons an opportunity to provide oral and/or written comment regarding the proposed adoption of amendments to regulation 211 CMR 149.00, Annual Comprehensive Financial Statements Pursuant to M.G.L. c. 176O, § 21. The proposed amendments to the regulation bring 211 CMR 149.00 into compliance with M.G.L. c. 176O, § 21 as amended by SECTIONS 110 and 111 of Chapter 68 of the Acts of 2011. SECTIONS 110 and 111 of Chapter 68 of the Acts of 2011 amended the definition of “carrier” in M.G.L. c. 176O, § 21  to exclude any entity to the extent it offers a policy, certificate or contract that does not qualify as creditable coverage as defined in  M.G.L. c. 111M, § 1.

The proceedings concerning the proposed amendments to regulation 211 CMR 149.00 pdf format of 211-149-redlined.pdf shall be designated as Docket No. G2013-04.  Any person who wishes to provide oral comment concerning this regulation must file a Notice of Intent to Comment with the Docket Clerk no later than April 12, 2013.  Persons wishing to submit written comments may do so until the record of the hearing is closed.  All submissions must be sent to the Docket Clerk, Hearings and Appeals, Division of Insurance, 1000 Washington Street, Suite 810, Boston, MA  02118-6200, or by electronic mail to Doidocket.Mailbox@state.ma.us and must refer to Docket No. G2013-04 in the subject line.  Persons who do not file a Notice of Intent to Comment will be heard after those who notify the Division in advance of the hearing.   

A copy of the proposed amended regulation is available from the Division and also is posted on its website at: www.mass.gov/doi.   

 

 

                                                                                     ______________________________________

                                                                                    Joseph G. Murphy

Dated: March 15, 2013                                               Commissioner of Insurance