Illinois Issues Company Bulletin 2023-15: Farm Mutual Coverage
IL | The Illinois Department of Insurance has issued Company Bulletin 2023-15. This Bulletin serves as notice that the Governor has signed SB 765 into law with immediate effect. Accordingly, all companies subject to the Farm Mutual Insurance Company Act of 1986 (215 ILCS 120/10), reinsurance companies operating under Article XI of the Insurance Code, […]
New York Circular Letter Provides Guidance to Facilitate the Review and Approval Process for Accident and Health Insurance Policy Forms and Rates
NY | The purpose of this circular letter is to provide guidance to insurers authorized to write accident and health insurance in this state, Article 43 corporations, health maintenance organizations, student health plans certified pursuant to Insurance Law § 1124, municipal cooperative health benefit plans, and prepaid health services plans (collectively, “issuers”) to facilitate the […]
New Hampshire Coverage for Behavioral Health Integration Services
NH | The State of New Hampshire Insurance Department has issued Bulletin Docket No.: INS 23-038-AB. To address the problem of access to mental health services, to implement coordinated, patient-centered care, and improve health outcomes, health systems in the state and nationally are moving toward care models that integrate behavioral health services in primary care […]
Wisconsin Agent Appointment Renewal Invoices for 2023
WI | The Wisconsin Office of the Commissioner of Insurance (OCI) will process all company appointments electronically through the National Insurance Producer Registry (NIPR). The appointment renewal invoice will include all resident/nonresident appointment renewals. All agents will appear on the renewal list unless the agent was terminated by 11:59 pm CST on December 31, 2023. […]
New York Cybersecurity Threat Alert – Citrix Bleed Vulnerability
NY | The New York State Department of Financial Services (DFS) alerts all regulated entities to take immediate action to investigate and, if applicable, to mitigate the following cybersecurity threat. On November 7, 2023, the U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) released guidance for addressing a critical vulnerability designated as […]
North Carolina Issues Bulletin Regarding Extra RX During State of Emergency
NC | On November 8, 2023, Governor Cooper issued Executive Order No. 293, for the State of North Carolina due to existing and potential wildfires possible impact on the State of North Carolina. The impact from the wildfires could have a significant impact on public and private property and could seriously disrupt essential utility services […]
California Announces Addition of Richmond National Insurance Company to the LASLI
CA | California has updated the List of Approved Surplus Line Insurers (LASLI) to reflect that Richmond National Insurance Company (New Hampshire) has been added to the LASLI effective November 8, 2023. Click here for more information.
Texas Issues 2023 Call for Annual Experience and Workers’ Compensation Deductible Plans
TX | The Texas Department of Insurance has issued Commissioner’s Bulletin #B-0014-23. This data call is made under Insurance Code Sections 2251.003, 2251.008, and 38.001. The data is used for a report that the Texas Department of Insurance (TDI) must send annually to the governor, lieutenant governor, speaker of the house of representatives, legislature, and the public by […]
Arkansas Issues Bulletin Regarding Failure to Adhere to Anti-Clawback Law and Failure to Lawfully Adjust Pricing in Compliance with MAC and NADAC Laws
AR | The Arkansas Insurance Department has issued Bulletin No: 18-2023. This Bulletin is for all licensed pharmacy benefits managers (“PBMs”) transacting business in this state and any other PBMs transacting business in this state subject to Arkansas’ Maximum Allowable Cost (“MAC”) Law Ark. Code Ann. § 17-92-507, the Department has received several complaints relating […]
Vermont Application of the Security Breach Notice Act to Breaches Involving Data Owners and Third-Party Vendors
VT | The State of Vermont Department of Financial Regulation (“Department”) has issued Bulletin #5. The purpose of this bulletin is to provide guidance on the Department’s interpretations of the consumer notification requirements included in the Security Breach Notice Act, 9 V.S.A. § 2435, (the “Notice Act”) as they relate to breaches involving multiple parties. […]