Texas 2023 Title Insurance Underwriters Data Call

TX | The Texas Department of Insurance has issued Commissioner’s Bulletin #B-0017-24. The Texas Department of Insurance (TDI) issues this mandatory data call under Insurance Code Section 2703.153, which requires title insurance underwriting companies to submit data to TDI annually. TDI uses the data collected to set title insurance premium rates. This data call requests income, expense, and […]

Connecticut Issues Notice of Public Comment for National Council on Compensation Insurance Rate and Loss Cost Filing

CT | Commissioner Andrew N. Mais today announced a thirty (30) day period of public comment on the National Council on Compensation Insurance’s (“NCCI”) voluntary loss cost and assigned risk rate filing. The Connecticut Insurance Department (“Department”) has summarized the filing and provided a link to the filing including supporting documentation. The Department does not […]

California Announces New 2025 Annuity Suitability – “Best Interest Standard” in Annuity Transactions Four-Hour Course is Available

CA | Insurance Commissioner Ricardo Lara sponsored legislation, Senate Bill (SB) 263 (Dodd, Chapter 2, Statutes of 2024) related to annuities and life insurance policies, was signed by Governor Gavin Newsom on February 29, 2024, and will take effect on January 1, 2025. This new law updates the four-hour annuity curriculum training requirements in California […]

California Issues Mandatory Moratorium on Cancellations and Non-Renewals of Policies of Residential Property Insurance After the Declaration of a State of Emergency

CA | The California Department of Insurance has issued Bulletin 2024-9. On September 7, 2024, Governor Gavin Newsom proclaimed a state of emergency covering San Bernardino County due to the Line Fire. On September 11, 2024, Governor Gavin Newsom proclaimed a state of emergency covering Los Angeles and San Bernardino Counties due to the Bridge […]

North Carolina Notifies Companies of the Semi-Annual Consent to Rate Data Call

NC | The North Carolina Department of Insurance has issued Bulletin Number 24-B-11. The purpose of this bulletin is to notify your company of the semi-annual reporting requirements for insurance covering loss to nonfleet private passenger motor vehicle physical damage and homeowners residential property with not more than four housing units (Forms HO-2, HO-3, HO-5, […]

Arkansas Issues Bulletin Regarding Appeals Under “Gold Card” Laws

AR | The Arkansas Insurance Department has issued Bulletin No. 16-2024. The purpose of this bulletin is to establish a procedure for the handling of independent reviews of provider healthcare services prior authorization exemption rescissions, pursuant to Ark. Code Ann. § 23-99-1123, and prescription drug prior authorization continuation disallowances, pursuant to Ark. Code Ann. § […]

Alaska Issues Notice of Hearing: Surplus Lines Placement List

AK | Notice is given that, under the authority vested by AS 21.06.180, the Division of Insurance will hold a public hearing to solicit public testimony regarding the types of insurance for which insureds generally are unable to secure coverage from admitted insurers so that the director may issue an order under 3 AAC 25.040, […]