Legal Question in Insurance Law in Illinois

Prepaid Legal Service Companies

In the states of Arizona, New Mexico, California, Nevada, California, and Utah, how are prepaid legal service corporations regulated? Specifically, by state, are they regulated as insurance? Are there any exceptions? Does it depend on whether you have an open or closed panel? If regulated as insurance, what are the capital requirements, etc. Plus, any other information on the topic would be invaluable. Thank you.


Asked on 3/05/98, 4:58 pm

1 Answer from Attorneys
David S. Dessen Dessen, Moses & Sheinoff

Legal Service Plan Regulations

The American Prepaid Legal Servics Institute publishes a Regulation Reporter which summarizes each state's regulations with regard to prepaid legal service plans. API's address and phone number are 541 North Fairbanks Court, Chicago, IL 60611; 312-988-5751. They also have a web site at http://www.abanet.org/legalserv/apihome.html

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Answered on 3/06/98, 8:00 am


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