New Jersey Issues Bulletin Regarding the Unwinding Special Enrollment Period and Guaranteed Issue Period for Medicare Supplement Plans

NJ | The New Jersey Department of Banking and Insurance Office of the Commissioner has issued Bulletin No. 24-05. The purpose of this bulletin is to update Bulletin 24-03 regarding the Unwinding Special Enrollment Period and the guaranteed issue period for Medicare supplement plans. Specifically, this bulletin advises carriers that eligible consumers who submit a […]

New York Announces Resource to Assist Small Businesses with Development of Cybersecurity Program

NY | The New York State Department of Financial Services’ (DFS) Cybersecurity Regulation 23 NYCRR Part 500 (Cybersecurity Regulation) requires covered entities, including individual licensees and single person regulated entities, to maintain a cybersecurity program. Pursuant to the Cybersecurity Regulation, covered entities must maintain a cybersecurity program designed to identify and assess cybersecurity risks; protect […]

Texas Announces Filing Deadline for 2024 Annual Network Adequacy Reports

TX | The Texas Department of Insurance has issued Commissioner’s Bulletin #B-0004-24. This bulletin is to advise insurers to file their 2024 annual network adequacy reports no later than May 30, 2024. This bulletin applies to network adequacy reports that insurers must file with the Texas Department of Insurance (TDI) under 28 Texas Administrative Code […]

Montana Issues Advisory Memorandum Regarding Loss Mitigation Claim Denials

MT | The Commissioner of Securities and Insurance, Office of the Montana State Auditor (“CSI”) has noticed a marked increase in consumers complaining that property and casualty insurers are engaging in unreasonable, after-the-fact adjusting of the mandatory, exigent mitigation these insurers require for claims such as water damage. This practice has increased over the last […]

Oregon Reminds Insurers to File Underwriting Guidelines

OR | The Oregon Department of Consumer and Business Services Division of Financial Regulation has issued Bulletin No. DFR 2024-7. The purpose of this bulletin is to remind insurers of their legal obligation to file underwritingguidelines with the division. Click here for more information.

Oklahoma Issues Declaration of Emergency Adjuster Licenses

OK | Effective May 10, 2024, Oklahoma Insurance Commissioner Glen Mulready ordered and declared an emergency pursuant to Section 6218 of the Oklahoma Insurance Code due to the severe outbreak of storms on or about April 25, 2024, through May 6, 2024. The declaration of emergency allows the Commissioner to issue a license as an […]

Missouri Application of 20 CSR 500-1.100 (3) Standard Fire Policies

MO | The Missouri Department of Commerce & Insurance has issued Bulletin 24-05. This bulletin is issued by the Missouri Department of Commerce and Insurance to assist Insurers in implementing the notice provisions contained in 20 CSR 500-1.100 (3). The purpose of these provisions is to provide timely notice to policyholders whose homeowners coverage is […]