New Hampshire Flood Insurance Educational Requirement Enforcement
NH | The New Hampshire Insurance Department (NHID) has issued Bulletin Docket No.: INS 24-006-AB. This Bulletin reminds producers of the requirement to complete a basic flood course approved by NHID within one year of receiving their license. The flood insurance training is mandatory even if the producer does not place flood insurance. Click here […]
North Carolina Issues Bulletin Regarding the 2023 NCIUA Member Company Annual Homeowners Repot
NC | The North Carolina Department of Insurance has issued Bulletin Number 24-B-03. The purpose of this bulletin is to provide information about the annual Homeowners reporting requirements called for under NCGS §58-45-71. Click here for more information.
Rhode Island Reminds Property & Casualty Insurance Adjusters of Expected Professional Courtesy
RI | The Rhode Island Insurance Division has issued Bulletin Number 2024-2 to inform property and casualty insurers regulated by the Insurance Division (the “Division”) that certain professional courtesies are expected of licensed Insurance Claims Adjusters (“adjusters”) and licensed property and casualty insurance companies (“insurers”) while interacting with claimants or their legal representative during the […]
Alaska Annual Survey on Health Insurance
AK | Alaska Statute 21.06.110 requires the director to annually report “statistical information regarding health insurance, including the number of individual and group policies sold or terminated in the state” and “the annual percentage of health claims paid in the state that meets the requirements of AS 21.36.495(a) and (d).” As in prior years, all […]
Illinois Disability Income Insurance Data Call
IL | The Illinois Department of Insurance has issued Company Bulletin 2024-03. This Company Bulletin is issued by the Department to collect data required by Public Act 103-0094. Please complete the template associated with this Company Bulletin and email the completed template to DOI.HealthActuarial@illinois.gov. The data will be used to complete the report required by […]
North Carolina Notifies Insurers of Semi-Annual Data Call
NC | The North Carolina Department of Insurance has issued Bulletin Number 24-B-02. The purpose of this bulletin is to notify your company of the semi-annual reporting requirements for insurance covering loss to nonfleet private passenger motor vehicle physical damage and homeowners’ residential property with not more than four housing unit. Click here for more […]
Alaska Annual Survey on Health Insurance
AK | The Alaska Division of Insurance has issued Bulletin B 24-02. Alaska Statute 21.06.110 requires the director to annually report “statistical information regarding health insurance, including the number of individual and group policies sold or terminated in the state” and “the annual percentage of health claims paid in the state that meets the requirements […]
Guam Filing Requirements for Insurers
GU | The Guam Department of Revenue and Taxation has issued filing requirements for Life, Accident & Health insurers as well as Property & Casualty insurers who are licensed in Guam. Life, Accident & Health Insurers Filing Requirements Property & Casualty Insurers Filing Requirements
Florida Issues its Surplus Lines Stats for January 2024
FL | Premium statistics are in for the first month of 2024. Total premium was $1.2 billion, nearly 20% more than January of last year. Click here for more information.
Alaska Issues Bulletin Regarding the Use of Artificial Intelligence Systems in Insurance
AK | The Alaska Division of Insurance has issued Bulletin B 24-01 reminding all Insurers holding certificates of authority to do business in the state that decisions or actions impacting consumers made or supported by advanced analytical and computational technologies, including Artificial Intelligence (AI) Systems, must comply with all applicable insurance laws and regulations. Click […]