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Michigan Issues Bulletin Regarding Change Healthcare Cybersecurity Event

MI | The Michigan Department of Insurance and Financial Services (DIFS) is monitoring the Change Healthcare cybersecurity event and its ongoing impact nationwide. This event caused significant challenges across the healthcare industry including to insurers, insureds, hospitals, pharmacies, and providers. Click here for more information.

Delaware Re-Issues Insurance Fraud Reporting Form

DE | The Delaware Department of Insurance has reissued Bulletin No. 15. The investigators in the Department’s Fraud Bureau rely on the information provided by the referring insurer on the referral form. The purpose of this reissued Bulletin 15 is to remind insurers that it is critically important that referring insurers: Click here for more […]

Illinois Insurance Supplier Diversity Reports

IL | The Illinois Department of Insurance has issued Company Bulletin 2024-09 to provide guidance to risk-bearing entities about submitting the annual insurance supplier diversity reports required beginning April 1, 2024 pursuant to 215 ILCS 5/155.49. Click here to view Company Bulletin 2024-09. Click here to view CB 2024-09 – 50-910 Second Notice Text Click […]

Wisconsin Issues Bulletin Concerning Change Healthcare Cyber Attack Impacts and Response

WI | The Office of the Commissioner of Insurance (OCI) has been monitoring the impact of the February 21, 2024, cybersecurity attack on Change Healthcare. This cyber disruption has created significant operational challenges that may continue in the weeks to come as Change Healthcare works to restore all their software functions for payers and providers. […]

Georgia Releases FAQ Regarding Certificates of Insurance

GA | Georgia’s Office of Commissioner of Insurance and Safety Fire has issued Bulletin 24-EX-4. This document is designed to provide the public with information regarding certificates of insurance. Basic questions about certificates are addressed and the process for filing complaints is explained. Click here to download the Bulletin.

Illinois Issues Bulletin Regarding the Use of AI Systems in Insurance

IL | The Illinois Department of Insurance has issued Company Bulletin 2024-08 to remind all Insurers that hold certificates of authority to do business in Illinois that decisions or actions impacting consumers that are made or supported by advanced analytical and computational technologies, including Artificial Intelligence (AI) Systems, must comply with all applicable insurance laws […]

California Updates the List of Approved Surplus Line Insurers

CA | The California Department of Insurance (CDI) has updated the List of Approved Surplus Line Insurers (LASLI) to reflect that Transverse Specialty Insurance Company has been renamed to MS Transverse Specialty Insurance Company, effective January 18, 2024. Click here for more information.

Utah Issues Clarification to Bulletin 2024-2

UT | The Utah Insurance Department has issued Bulletin 2024-2(a). The Department recently issued Bulletin 2024-2. Some title industry members objected to the Bulletin because it seemed to say that the Department would no longer enforce certain regulations against affiliated title insurance businesses. To prevent further misunderstanding, the Department is clarifying its continued intent to […]

Minnesota Homeowners Disclosure and Filing Requirements

MN | Minnesota has issued Administrative Bulletin 2024-1. This Bulletin will supersede all previous Department communications addressing Zip Code Reporting as required by Minn. Stat. §65A.28. This statute requires each insurer writing homeowner’s insurance for property located in the seven-county metropolitan area or a city of the first class to annually file a report with […]