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Division of Insurance
| DEPARTMENT | FY2010 Budgetary Recommendations |
FY2010 Federal, Trust, and ISF |
FY2010 Total Spending |
FY2010 Budgetary Non-Tax Revenue |
|---|---|---|---|---|
| Division of Insurance | 12,821 | 2,315 | 15,136 | 72,718 |
| account | description | amount |
|---|---|---|
| DIVISION OF INSURANCE | 15,135,594 | |
| Budgetary Direct Appropriations | 12,820,879 | |
| 7006-0020 | Division of Insurance
For the operation of the division of insurance, including the expenses of the board of appeal on motor vehicle policies and bonds, certain other costs of supervising motor vehicle liability insurance and the expenses of the fraudulent claims board; provided, that the positions of counsel I and counsel II shall not be subject to chapter 31 of the General Laws; provided further, that notwithstanding any general or special law to the contrary, 100 per cent of the amount appropriated in this item shall be assessed upon the institutions which the division currently regulates under general or special laws or regulations, except for licensed business entity producers; and provided further, that the assessment shall be in addition to any and all assessments currently assessed upon the institutions and shall be made at a rate sufficient to produce $11,720,879 in additional revenue to fund this item |
11,720,879 |
| 7006-0029 | Health Care Access Bureau Assessment
For the operation of the health care access bureau of the division of insurance; provided, that under section 7A of chapter 26 of the General Laws, the full amount appropriated in this item shall be assessed upon the carriers licensed under chapters 175, 176A, 176B, and 176G of the General Laws |
1,100,000 |
| account | description | amount |
|---|---|---|
| Trust and Other Spending | 2,314,715 | |
| 7006-0009 | Allocation of Auto Insurance Bureau Funds Trust | 315,882 |
| 9222-7500 | Medical Malpractice Analysis Bureau | 576,098 |
| 9222-7650 | Workers' Compensation Rating Bureau Trust Fund | 979,354 |
| 9222-7900 | State Rating Bureau Medical Malpractice Insurance Trust | 443,381 |
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