DATA CALL NOTICE: Hurricane Idalia Catastrophe Reporting
FL | The Florida Office of Insurance Regulations today issued a notice to insurers of a data call for information regarding claims related to Hurricane Idalia. Insurers should file a 2023 Catastrophe Reporting Form (CRF) through the Insurance Regulation Filing System (IRFS) beginning Friday, September 1 and ending Wednesday, September 5. Data must be submitted […]
Louisiana Revises Catastrophe Claims Process Disclosure Guide
LA | The Louisiana Department of Insurance today issued Bulletin 2022-09 (Revised and Reissued). It announces revisions to the Catastrophe Claims Process Disclosure Guide to provide clarification that La. R.S. 22:1898 applies to authorized property and casualty insurers who issue homeowner policies. Click here to read the bulletin for further information.
Texas Provides Legislative Summary for Insurance Industry
TX | The Texas Department of Insurance today issued Commissioner’s Bulletin #B-0012-23. It summarizes select bills enacted by the 88th Legislature that affect regulated insurance entities, including: Click here to read the bulletin for more information and to access links to specific laws.
Kentucky Clarifies Language for Public Adjuster Contracts
KY | The Kentucky Department of Insurance today issued Advisory Opinion 2023-07. It interprets KRS 304.9-433 and KRS 304.9-4333 which govern allowable language for public adjuster contracts. Click here to read the Opinion and its interpretation.
California SLA Reminds Members of Change to CDI Banking Information
CA | The Surplus Line Association of California today issued Bulletin #1457. It reminds members of the change in bank account and routing numbers for the California Department of Insurance. The change was previously announced in a notice from the CDI on May 3, 2023. Click here to read the bulletin for more information.
Illinois Offers Guidance for Provider Directory Audit Filings
IL | The Illinois Department of Insurance today issued a Memorandum providing guidance to companies writing accident and health insurance and managed care plans. It explains the procedures for making provider directory audits. The Department reminds insurers of the importance of the accuracy of their provider directories. The Department is committed to ensuring that consumers […]
Virgin Islands Issues Eligible Unauthorized Insurers List
VI | The Division of Banking, Insurance, and Financial Regulation today issued Bulletin 2023-01. It provides the list of surplus lines insurers approved to conduct business in the jurisdiction from July 1, 2023, through June 30, 2024. Addendum to this bulletin will be issued, if necessary. Click here to read the bulletin. To date, two […]
Colorado Offers Guidance for Homeowners’ Insurance Filings
CO | The Colorado Division of Insurance today issued Bulletin B-5.47. It provides guidance on the submission of homeowners insurance filings, specifically moratoriums on policy sales, withdrawals from geographic areas, and similar filings. The bulletin outlines the Division’s position on this topic and lists the information to be included in such filings. Click here to […]
Superintendent of Insurance Grants Extension of Time to Pay New Mexico Fraud Assessment
NM | The OSI today issued a notice extending the deadline for Fraud Assessment payments until October 2, 2023. After that date, penalties will apply. Click here to read the notice for more information.
North Carolina Authorizes Extra Prescriptions During Idalia Emergency
NC | The North Carolina Department of Insurance today issued Bulletin Number 23-B-06. It reminds health benefit plans of compliance requirements for operations under a state of emergency for purposes of obtaining extra prescriptions. Click here to read the bulletin for more information.