New Mexico Issues Bulletin Regarding Health Insurance Policies and the Salt and South Fork Wildfires
NM | The New Mexico Office of Superintendent of Insurance has issued Bulletin 2024-008. Upon an order by the Governor based upon the invocation of a state of emergency under the All Hazard Emergency Management Act, the Superintendent of Insurance, may “take those actions necessary to ensure access to insurance and the stability of insurance […]
New Mexico Issues Bulletin Regarding Payment of Automobile Loss Claims Following the Salt and South Fork Wildfires
NM | The New Mexico Office of Superintendent of Insurance has issued Updated Bulletin 2024-009. Upon an order by the Governor based upon the invocation of a state of emergency under the All Hazard Emergency Management Act, the Superintendent of Insurance, may “take those actions necessary to ensure access to insurance and the stability of […]
Georgia Issues Bulletin Regarding Emergency Disaster Adjusters
GA | The Georgia Office of Commissioner of Insurance and Fire Safety has issued Bulletin 24-EX-8. On September 24, 2024, Governor Brian Kemp issued a State of Emergency for a number of Georgia counties due to potential effects caused by Hurricane Helene. In the event of a declared disaster or catastrophe, an insurer, or employer […]
Washington Adopts Producer and Adjuster Licensing Requirements
WA | The proposed rule will update Chapter 284-17 WAC to ensure producer and adjuster licensing requirements are clear, relevant and aligned with Title 48 insurance laws and the planned National Insurance Producer Registry (NIPR) interface enhancement. The rule will also: Click here for more information.
New Mexico Agent Appointment Renewal Invoices for 2025
NM | The New Mexico Office of Superintendent of Insurance will process all company appointments electronically through NIPR. The appointment renewal invoice will include all resident/nonresident appointment renewals. All agents will appear on the renewal list unless the agent was terminated by 11:59 CST on December 27, 2024. Click here for more information.
South Carolina Issues Bulletin Regarding Additional Assistance for Insureds Directly Impacted by TS Helene
SC | The South Carolina Department of Insurance has issued Bulletin Number 2024-12. This bulletin advises all insurers, HMOs, and other licensed or authorized entities and persons that the Director of Insurance expects the insurance industry to work with those South Carolina citizens and businesses directly impacted to provide relief from certain insurance requirements. Learn […]
Missouri Issues Bulletin Regarding Suitability in Annuity Transactions
MO | The Missouri Department of Commerce and Insurance has issued Bulletin 24-07. The Department of Commerce and Insurance (DCI) recently adopted amendments to the Suitability in Annuity Transactions rule (20 CSR 400-5.900), which became effective August 30, 2024. These amendments incorporate the “Best Interests” standard adopted by the National Association of Insurance Commissioners in […]
Texas September 2024 Filings Reach $1.4B
TX | The Surplus Lines Stamping Office of Texas (“SLTX”) recorded $1.43B in September. This represents a 35.7% increase over September 2023, and 14.3% increase year-to-date. Continue reading
Delaware Issues Summary of Insurance Laws Enacted in 2024
DE | The Delaware Department of Insurance has issued Bulletin No. 9 to summarize laws enacted during the 2024 Session of the Delaware General Assembly and signed by the Governor as of September 24, 2024. Continue reading
New Mexico Issues Bulletin Regarding Adjuster Licensing
NM | The New Mexico Office of Superintendent of Insurance has issued Bulletin 2024-019 regarding changes to adjuster licensing. These requirements will begin to be enforced upon renewal licenses with an expiration date of April 2026 and ongoing. Requirements for individual nonresident adjusters: Click here for more information.