20131009-IR-760130007ARA RE: LSA Document #13-7 – Insurance Holding Company Systems  

  • TITLE 760 DEPARTMENT OF INSURANCE

    Administrative Rules Oversight Committee Notice
    One Year Requirement (IC 4-22-2-25)
    LSA Document #13-7

    September 23, 2013

    Representative Jeffrey Thompson, Chairperson
    Administrative Rules Oversight Committee
    c/o Legislative Services Agency
    200 West Washington Street, Suite 301
    Indianapolis, Indiana 46204-2789
    Attn: Sarah Burkman, AROC Counsel

    RE: LSA Document #13-7 – Insurance Holding Company Systems


    Dear Representative Thompson:

    On behalf of the Indiana Department of Insurance (Department), I am submitting this notice to the Administrative Rules Oversight Committee in compliance with IC 4-22-2-25, because the Department has determined that the promulgation of the captioned rule may not be completed within one year after publication of the Notice of Intent to Adopt a Rule. The Department published a notice of intent on January 16, 2013; published a proposed rule on May 22, 2013; and held a public hearing on June 13, 2013. Since that time, the rulemaking process stalled due to other issues. In order to provide additional time to review comments received at the public hearing and for the appropriate review times, the Department expects to have the final rule approved by March 31, 2014.

    The notice setting forth the expected date of approval of LSA Document #13-7 as March 31, 2014, is being submitted in a timely manner. September 23, 2013, is the two hundred fiftieth day after publication of the Notice of Intent to Adopt a Rule.

    Sincerely,

    Meggan J. R. Brumbaugh
    Department of Insurance

    Posted: 10/09/2013 by Legislative Services Agency

    DIN: 20131009-IR-760130007ARA
    Composed: Nov 01,2016 1:41:23AM EDT
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