Insurance Department Proposes Changes to Rules for Comp Forms

The California Department of Insurance is proposing to amend rules prohibiting carriers from using policy forms and endorsements unless they've been approved by the commissioner. The department in a rulemaking notice published in the Dec. 19 California Regulatory Notice Register proposed adding a section of definitions for terms pertaining to the approval, withdrawal and use of policy forms and endorsements. Other changes were aimed at better organizing the rules and making them easier to understand. The department also proposed to eliminate the mandatory use of carbon paper when submitt...