insurance premium taxes News

New Mexico Insurance Regulator Says No to Dividend Freeze

New Mexico’s top insurance regulator said Thursday he would not put a freeze on insurance provider payments to investors and parent companies while auditors investigate how much the state is owed in unpaid premium taxes. New Mexico Insurance Superintendent John …

Kansas Officials Eye Disaster Relief Fund

Kansas legislators are modifying a proposal from Gov. Sam Brownback’s administration to establish a fund to cover the state’s share of federally declared disasters. Brownback wants to use $12 million from taxes collected each year on insurance premiums to establish …