Kentucky Withdraws Advisory Opinion
KY | The Kentucky Department of Insurance today announced the replacement of Advisory Opinion 2023-01 by Regulation K.A.R. 3-250, effective July 5, 2023. The advisory opinion is hereby withdrawn. Click here to read the announcement in full.
California Warns Against False and Misleading LTC Insurance Marketing Tactics
CA | The California Insurance Commissioner’s Office today issued an Agent & Broker Alert. It addresses consumer complaints about misleading marketing of long-term care insurance related to the work of the California Long-Term Care Insurance Task Force (Task Force). The alert provides factual information regarding the actions of this task force. It also reminds insurers […]
Virginia Issues Two Administrative Orders
VA | The Virginia Bureau of Insurance today issued two administrative orders concerning the Virginia Automobile Insurance Plan. Click on the links below to read each order for further details.
Louisiana Creates Regulation for Timber, Agriculture Transportation Self-Insureds
LA | The Louisiana Department of Insurance today announced the promulgation of Regulation 128 – Louisiana Timber and Agriculture Transportation Group Self-Insurance Funds. The law authorizes the creation of such funds and gives the Department regulatory authority over them. Click here to read the full announcement.
Guam Publishes Updated Continuing Education Course Rosters
GU | The Guam Department of Revenue and Taxation today published updates lists of continuing education courses for insurance licensees. The rosters include approval dates, courses names, and the number of credit hours. Click on the links below to review or download each list.
Puerto Rico Updates Process for Health Provider Credential Verification
PR | The Oficina del Comisionado de Seguros (OCS) today issued Normative Letter CN-2023-339-D. It concerns the implementation of the Uniform Request Form for the collection of necessary data in the verification process of health provider credentials, and the implementation of the OCS Digital Credentialing Platform. Key topics discussed in the letter include: Click here […]
New Address for Steadfast Insurance Company
PR | OCS today issued Circular Letter CC-2023-2014-AF. It announced a change of the business and statutory home office address for the Steadfast Insurance Company. Click here to read the letter for details.
Hawaii Provides Aid to Policyholders Affected by Wildfires
HI | The Hawaii Insurance Division today issued Memorandum 2023-3A. It encourages insurers to work with policyholders impacted by the wildfires in Hawaii and Maui Counties. Specific requests include: Click here to read the bulletin for more information.
California Adds New Carrier to LASLI
CA | The Surplus Line Association of California today issued Bulletin #1456. It announces the addition of Summit Specialty Insurance Company to the List of Approved Surplus Lines Insurers (LASLI). Click here to read the bulletin for more information.
Oklahoma Amends Law Governing Third Party Administrators
OK | The Oklahoma Insurance Department today issued Bulletin No. 7-2023. It explains the changes to licensing and compliance requirements for third-party administrators (TPAs) resulting from the passage of SB 553. Key provisions discuss: Click here to read the bulletin for details.