NC Reminds Insurers, Health Benefit Plans of Coverage Requirements for Extra Prescriptions During a State of Emergency
NC | The North Carolina Department of Insurance today issued Bulletin No. 20-B-08. It announces the declaration of a state of emergency due in response to a potential tropical storm. The bulletin reminds insurers of their obligation to coverage extra prescriptions during a state of disaster or emergency. Click here to read the bulletin for […]
Colorado Adopts Law to Prevent Unfair Discrimination Based on Data Analytics
CO | The Colorado Division of Insurance today adopted Regulation 10-1-1 Governance and Risk Management Framework Requirements for Life Insurers’ Use of External Consumer Data and Information Sources, Algorithms, and Predictive Models. The law requires life insurers that use ECDIS to establish a risk-based governance and risk management framework to avoid unfair discrimination based on […]
California Issues Reminder of Bail Solicitation Laws
CA | On August 24, 2023, the California Supreme Court issued an opinion upholding California Code of Regulations, title 10, section 2076, which prohibits bail bond agents from entering into arrangements whereby they are notified by jail inmates when individuals have been arrested and may need bail services. The Supreme Court’s opinion in The People […]
OCS Begins Phase I for Implementation of OCI Digital Credentialing Platform
PR | The Office of the Commissioner of Insurance today issued Circular Letter No. CC-2023-2020-D. It announces the beginning of Phase I for the implementation of the OCI Digital Credentialing Platform. Starting on September 25, 2023, the individual and incorporated individual healthcare providers in this phase may begin to create their accounts and provide access […]
Delaware Discusses Impact of HB 228
DE | The Delaware Department of Insurance today issued Domestic and Foreign Insurers Bulletin No. 141. It notifies insurance carriers of the passage of House Bill No. 228 and clarifies the lines of business affected by this new law. The law addresses the review and approval of rate filings. Click here to read the bulletin […]
California Updates LASLI with Carrier Name Change
CA | The Surplus Line Association of California today issued Bulletin #1459. It announces the following carrier name change: American Empire Surplus Lines Insurance Company is now Great American Risk Solutions Surplus Lines Insurance Company (effective July 17, 2023). Click here to read the bulletin for more information.
Delaware Adopts Pet Insurance Law
DE | The Delaware Department of Insurance today issued Domestic and Foreign Insurers Bulletin No. 142 (also known as Producers and Adjusters Bulletin No. 36). It announces the adoption of the NAIC Model Pet Insurance Act. The bulletin outlines key provisions of the Act and producer training requirements. Insurers have until December 1, 2023, to […]
Puerto Rico Updates Its List of Eligible Surplus Lines Insurers
PR | The Oficina del Comisionado de Seguros today issued two Circular Letters updating its list of eligible surplus lines insurers. Click on the links below to read each letter for more information.
Maryland Provides Guidance About Filings for Carriers to Opt Out of Health Benefit Exchange
MD | The Maryland Insurance Administration today issued Bulletin 23-14. It explains the requirements and process for insurers, non-profit health service plans, and HMOs seeking exemption from participation in the Maryland Health Benefit Exchange in 2024. Click here to read the bulletin for more information.
Nevada Offers Guidance for Service Contract Providers Regarding Emergency Repairs Reports
NV | The Nevada Division of Insurance today issued Bulletin 23-001. It reminds service contract providers of their obligations with regard to status reports for emergency repairs. The Division offers this guidance in response to numerous observed inconsistencies and noncompliance in reporting. Click here to read the bulletin for additional information.