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PHLPost releases stamps to mark IC's 75th year

THE Insurance Commission (IC) and the state-owned Philippine Postal Corp. (PHLPost) unveiled the commemorative stamp and official first day cover in celebration of the 75th Anniversary of the Insurance Commission (IC) last January 24 to highlight this yearโ€™s theme: โ€œServing with Integrity and Commitment: 75 years of Public Trust.โ€ Established…
Insurance Commission Anniversary Of The Insurance Commission Philippine Postal Corp Health Maintenance Organizations Manila Central Post Office Annex Bldg Philippine Postal

Complaints vs HMOs, MBAs increased in 2023 | Reine Juvierre S. Alberto

COMPLAINTS against Mutual Benefit Associations (MBAs) and Health Maintenance Organizations (HMOs) by the insuring public increased last year, data provided by the Insurance Commission (IC) revealed. Based on the ICโ€™s latest data, complaints against MBAs rose by 178.26 percent with a total of 64 complaints in 2023 compared to 23…
Reynaldoa Regalado Services Consumer Protection Health Maintenance Organizations Hmos Insurance Commission Mutual Benefit Associations Health Maintenance Organizations

Don't Miss the Small Stuff Lenders: New Mexico Issues Regulatory Guidance for Completing the "Freedom to Choose" Insurance Company Form | Alston & Bird

A&B Abstract: Under New Mexicoโ€™s Insurance Code, it has been a long-standing requirement that lenders may not condition a loan of money on the procurement of insurance from any...
New Mexico United States Mexico Financial Institutions Division Insurance Code New Mexico Financial Institutions Division

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New products boost IC's fee collection | Reine Juvierre S. Alberto

THE Insurance Commission (IC) said the amount of fees it collected last year rose by 3.83 percent to P518 million from P499 million in 2022 on the back of more product registrations by insurers. โ€œThe increase in the collection of registration and supervision fees is attributable to the 10.04 percent…
Insurance Commission Certificate Of Authority Fees Registration Fees Product Approval Examination Fees Product Approvals

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