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Reciprocal insurance policies are typically nonassessable, keeping the policyholders from being charged an additional amount of money if required by the exchange. Reciprocals may issue assessable policies, though the practicalities of collecting assessments from members (particularly in personal lines) makes the assessable model less commonly used.
The Vermont marketplace web site was developed by CGI Group. [1] Enrollment via the marketplace began on October 1, 2013. [2] Mark Larson, Commissioner of the Department of Vermont Health Access (DVHA), said there were more than 30,000 people who logged in during the first four days of October. [3] Larson stepped down from his position in March ...
The Department of Financial Regulation warns of an uptick in health insurance fraud. Here are the signs to recognize and the safe links to use. Fraudulent health scare and insurance websites ...
The Driver License Compact, a framework setting out the basis of a series of laws within adopting states in the United States (as well as similar reciprocal agreements in adopting provinces of Canada), gives states a simple standard for reporting, tracking, and punishing traffic violations occurring outside of their state, without requiring individual treaties between every pair of states.
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The Nurse Licensure Compact (NLC) is an agreement that allows mutual recognition (reciprocity) of a nursing license between member U.S. states ("compact states"). Enacted into law by the participating states, the NLC allows a nurse who is a legal resident of and possesses a nursing license in a compact state (their "home state") to practice in any of the other compact states (the "remote ...
Farmers Insurance Group (informally Farmers) is an American insurer group of vehicles, homes and small businesses and also provides other insurance and financial services products. Farmers Insurance has more than 48,000 exclusive and independent agents and approximately 21,000 employees.
Under traffic violations reciprocity agreements, non-resident drivers are treated like residents when they are stopped for a traffic offense that occurs in another jurisdiction. They also ensure that punishments such as penalty points on one's license and the ensuing increase in insurance premiums follow the driver home. The general principle ...