South Carolina Issues Notice of Tentative 2025 Credit Accident and Health Insurance Rates

SC | The South Carolina Department of Insurance has issued Bulletin Number 2024-09. Regulation 69-11.1, Regulation of Credit Insurance, requires the South Carolina Department ofInsurance to promulgate tentative rates for credit accident and health insurance by August 1st of each year. The tentative rates are those the Department believes may reasonably be expected to produce […]

South Carolina Issues Notice of Tentative 2025 Accident and Health Insurance Rates for 3-Day Retro Accident and Health Insurance and Opportunity to Request a Hearing

SC | The South Carolina Department of Insurance has issued Bulletin Number 2024-10. Regulation 69-11.1, Regulation of Credit Insurance, requires the South Carolina Department of Insurance (Department) to promulgate tentative rates for credit accident and health insurance by August 1st of each year. The tentative rates are those the Department believes may reasonably be expected […]

Montana Advisory Memorandum Regarding New Federal Rules

MT | On March 28, 2024, the Departments of Health and Human Services, Labor, and Treasuryreleased final rules regarding hospital indemnity and other independent and non-coordinatedfixed-indemnity policies.1 These new federal rules revise the consumer notice currently required in the individual market and establish a new requirement to provide a consumer notice in the group market. […]

Alaska Issues Notice of Public Meeting

AK | Under AS 21.39.043, the director of the division of insurance is required to hold an administrative hearing to discuss whether a workers’ compensation prospective loss cost filing meets the requirements of AS 21.39 and whether the filing should be approved, disapproved, or modified, in whole or in part. In accordance with AS 21.39.043, […]

Mississippi Provides Guidance Regarding the Adoption of the FORTIFIED Standard

MS | The Mississippi Insurance Department has issued Bulletin 2024-4 to provide guidance to property and casualty insurance companies that write homeowners’ or dwelling coverage in the six Coastal Counties regarding the adoption of the FORTIFIEDTM standard as the building standard under the Comprehensive Hurricane Damage Mitigation Program. Continue reading.

Texas Announces Calendar Year 2023 Disallowed Expenses Data Call

TX | The Texas Department of Insurance (TDI) issues the attached mandatory data call under Insurance Code Chapter 2251, Subchapters A and B. This data call collects information about “disallowed expenses,” which are defined in Insurance Code Section 2251.002(1-a). This data call applies to licensed casualty, fire, fire and casualty, county mutual (except industrial fire county […]