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Oklahoma Issues Two Additional Legislative Impact Bulletins

OK | In addition to Bulletin No. 7 (2023 TPA Legislative Changes), the Oklahoma Insurance Department today issued bulletins summarize legislative changes for other regulated industry services. Click on the links below to read each bulletin in full. Bulletin No. 8-2023 summarizes legislative changes impacting Perpetual Care Fund (PCF) permits. Key provisions address: Bulletin No. […]

California to Hold Virtual Public Hearing on Surplus Lines Export List

CA | The California Insurance Commissioner’s Office will hold a videoconference to discuss the renewal of the state’s surplus lines export list on September 13, 2023. Click here for instructions on how to attend the hearing as well as an overview of potential changes to the list.

Montana Issues Advisory Memorandum Regarding Insurance Refusals and Wildfire Risks

MT | The Montana Commissioner of Securities and Insurance today issued an advisory memorandum to all licensed property and casualty insurers. It reminds insurers of the legal constraints on refusing to issue or renew policies or to alter the terms of policies in force due to alleged wildfire risks. Click here to read the bulletin […]

Maryland Adopts Two Insurance Regulations

MD | The Maryland Insurance Administration today announced the adoption of two insurance regulations. Click on the links below to view the announcements as the appeared in the Maryland Register. For more information on these regulations and other recently adopted regulations, click here.

Texas to Allow Electronic Filing of Annual Escrow Audit Reports

TX | The Texas Department of Insurance today issued Commissioner’s Bulletin #B-0010-23. It announces the change in law that now allows title agents and direct operations to file annual escrow audit reports electronically. The new law takes effect on September 1, 2023. Click here to read the bulletin for more information.

NHID Reminds Insurers of Notification Requirement for Producer Termination for Cause

NH | The New Hampshire Insurance Department today issued Bulletin Docket No. INS 23-024-AB. It reminds insurers of their obligation to notify the Department within 15 days of the termination of an appointment, contract, or similar business arrangement for cause. The bulletin also announces a 30-day grace period for insurers to review their records and […]

Delaware Warns Insurance Professionals Against False or Misleading Info About Rate Setting

DE | The Delaware Department of Insurance today re-issued Universally Applicable Bulletin No. 1. It warns anyone engaged in the insurance business with its jurisdiction against making “untrue, deceptive, or misleading” representations concerning how insurance rates are set. The bulletin reviews the proper procedure for producers to obtain accurate information about premium increases and the […]

Louisiana Expands Military Discount for Auto Liability Premiums

LA | The Louisiana Department of Insurance today issued Bulletin 2023-04. It advises insurance companies of the extension of military discounts for private passenger automobile insurance premium to Louisiana Air National Guard and Louisiana Army National Guard personnel. The bulletin includes eligibility criteria. Click here to read the bulletin for more information.