NOTICE OF HEARING

 

DOCKET NO. G2013-11

Proposed Amendments to 211 CMR 7.00 –  

Massachusetts Insurance Holding Company System

 

Pursuant to Massachusetts General Laws Chapter 30A and the authority granted to the Commissioner of Insurance under M.G.L. c. § 175, § 206C, a hearing will be held at the offices of the Division of Insurance (“Division”), 1000 Washington Street, Boston, MA  02118-6200 on December 20, 2013 at 1:00 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 amendments to 211 CMR 7.00 pdf format of 211-7-redlined.pdf
, Massachusetts Insurance Holding Company System.

The proposed amendments to 211 CMR 7.00 would set forth rules and procedural requirements to ensure compliance with national standards relative to disclosure requirements and monitoring of enterprise risk as it relates to domestic insurance companies that are members of an insurance holding company system. 

The proceedings concerning the promulgation of amendments to 211 CMR 7.00 shall be designated as Docket No. G2013-11.  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 4:00PM on December 19, 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. G2013-11 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 regulation with proposed amendments is available from the Division and also is posted on its website at: www.mass.gov/doi.   

 

 

                                                           ______________________________________

                                                                                    Joseph G. Murphy

Dated:  November 07, 2013                                 Commissioner of Insurance