Search
Search

New Mexico Issues Bulletin Extending Deadline for NMAC Compliance

NM| OSI Bulletin 2024-024 from the New Mexico Office of Superintendent of Insurance addresses an extension for insurance carriers to comply with regulations concerning excepted benefit insurance plans. The key points of the bulletin are: Click here to see OSI Bulletin 2024-024

New Hampshire Issues Bulletin Announcing Changes to Consumer Guaranty Contract Law

NH| Bulletin INS 24-068-AB from the New Hampshire Insurance Department announces important changes to the Consumer Guaranty Contract Law, effective January 1, 2025. These changes, outlined in Senate Bill 515, aim to improve clarity, fairness, and compliance in consumer guaranty contracts for home, automobiles, and other products. The key modifications include: Click here to see […]

Oklahoma Insurance Commissioner Issues Bulletin to Insurers on the Use of Artificial Intelligence Systems in Insurance

OK| The Oklahoma Insurance Department issued Bulletin 2024-11 to remind all Insurers that hold certificates of authority to do business in the state that decisions or actions impacting consumers that are made or supported by advanced analytical and computational technologies, such as Artificial Intelligence (AI), must comply with all applicable insurance laws and regulations. This […]

Michigan Department of Insurance and Financial Services Issues Bulletin Regarding Eligibility List of Hospitals for Enhanced Reimbursement

MI| The DIFS Bulletin 2024-25-INS notifies interested parties of the availability and location of updated lists of hospitals eligible for enhanced reimbursement under Sections 3157(4)(a), 3157(5), and 3157(6) of the Insurance Code (Code), MCL 500.3157(4)(a), MCL 500.3157(5), and MCL 500.3157(6). The List includes hospitals that have between 20% and 29.99%, and 30% or more, indigent […]

Surplus Line Association of California issues Bulletin #1486 outlining California Department of Insurance Moratorium on Non–Renewals and Cancellations in Wildfire-affected Areas

CA| Insurance Commissioner Lara issued Bulletin 2024-13, on November 14, 2024, announcing a one-year moratorium on non-renewals or cancellations of homeowners’ insurance due to wildfire risk in areas affected by the Mountain Fire in Ventura County. The bulletin was addressed to both admitted and non-admitted insurers writing residential property insurance in California. The moratorium retroactively […]

Wisconsin Agent Appointment Renewal Invoices Due 2025

WI | The Wisconsin Office of the Commissioner of Insurance (OCI) will process all company appointments electronically through the National Insurance Producer Registry (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 p.m. CST on December 31, 2024. […]

Maryland Issues Proposed Bulletin Regarding Pet Insurance

MD | The Maryland Insurance Administration has issued a proposed Bulletin to notify property and casualty insurance carriers and producers that 2024 Maryland Laws Ch. 740 (House Bill 647), which establishes a regulatory framework that applies to the sale of pet insurance in the state, will become effective on January 1, 2025. The law is […]

California Issues Mandatory Moratorium on Non-renewals and Cancellations in Wildfire-Affected Areas in Siskiyou and Sierra Counties

CA | California Insurance Commissioner Ricardo Lara has issued Bulletin 2024-12, announcing a one-year moratorium on non-renewals or cancellations of homeowners’ insurance due to wildfire risk in areas affected by the Shelly Fire in Siskyou County and the Bear Fire in Sierra County. The bulletin was addressed to both admitted and non-admitted insurers writing residential […]