West Virginia Issues Summary of 2024 Legislation
WV | The West Virginia Offices of the Insurance Commissioner has issued Bulletin No. 24-02. This Insurance Bulletin summarizes legislation enacted during the 2024 Regular Session of the West Virginia Legislature that may be significant to the Offices of the Insurance Commissioner or to stakeholders. Click here to continue reading.
Texas Announces Filing Deadline for 2024 Annual Network Adequacy Reports
TX | Texas Department of Insurance has issued Commissioner’s Bulletin # B-0002-24. This bulletin is to advise insurers to file their 2024 annual network adequacy reports no later than May 1, 2024. This bulletin applies to network adequacy reports that insurers must file with the Texas Department of Insurance (TDI) under 28 Texas Administrative Code §3.3709. […]
New Jersey Addresses the Cyber Incident That Affected Change Healthcare
NJ | The New Jersey Department of Banking and Insurance has issued Bulletin No. 24-04. On February 21, 2024, Change Healthcare experienced a nationwide network interruption related to a cybersecurity issue. As a result, many providers are unable to receive timely reimbursements, request preauthorization, engage in concurrent or retrospective reviews, and verify an insured’s eligibility […]
New York Online Portal Will Be Unavailable Friday, March 29th Through Sunday, March 31st
NY | The New York Department of Financial Services (NYDFS) has posted a notice on its website stating that the DFS Portal will be unavailable from 6pm EDT on Friday, March 29 through Sunday March 31 due to a scheduled system upgrade. Click here to visit the NYDFS website.
2024 Rate Filings for the Texas Fair Access to Insurance Requirements Plan Association
TX | The Texas Department of Insurance has issued Commissioner’s Order No. 2024-8585. Insurance Code Section 2211.056 requires the FAIR Plan to file with the commissioner of insurance proposed rates to be used in connection with the issuance of insurance policies or endorsements. Under this statute, the commissioner is required to approve or disapprove, in […]
California Issues Notice Concerning Insurance Coverages and Compliance Reports Required by Senate Bill 334
CA | Effective January 1, 2022, pursuant to California Penal Code section 9506, all private detention facilities, as defined in California Penal Code section 9500(b), in California have been required to obtain and maintain the following insurance coverages from an admitted insurer only: Click here to continue reading.
Maine Issues Bulletin Regarding the Use of Medicare Marketing Materials by Producers, Agencies, and Insurers
ME | The Maine Bureau of Insurance has issued Bulletin 471. Public Law 2023, Chapter 243, An Act to Require a Disclaimer on Promotional Materials for Medicare, Medicaid and Maine Care Products by Private Entities, amends the Trade Practices and Frauds chapter of the insurance code to add provisions that explicitly prohibit the use of […]
Arkansas Provides Plan Year 2025 Requirements for Certification of Qualified Health Plans, Stand-Alone Dental Plans
AR | The Arkansas Insurance Department has issued Bulletin No. 3-2024. The purpose of this Bulletin is to define Plan Year 2025(PY2025) State and Federal requirements for QHP and SADP certification in the Arkansas individual and SHOP Marketplaces. Click here for more information.
Indiana Issues Policy Cancellation Moratorium
IN | The Indiana Department of Insurance has issued Bulletin 274. Due to tornadoes and storms that occurred on March 14, 2024 (“Disaster Events”), that resulted in significant property damage in Delaware, Jefferson, and Randolph counties (“Impacted Areas”), the Indiana Department of Insurance calls on all insurance companies to implement the following extensions and/or grace […]
Oklahoma Issues Bulletin Concerning a New Legislative Change Relating to the Farm Driving Permit
OK | The Oklahoma Insurance Department has issued Bulletin No. 2024-2. Effective November 1, 2023, House Bill 1962 amended 47 O.S. § 6-105(I) allowing any person who is less than seventeen (17) years of age but is at least fourteen (14) years of age and who resides upon a farm in this state or is […]