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ELANY Makes Additions to Its E&S Insurers List

NY | The Excess Line Association of New York (ELANY) today issued Bulletin No. 2023-19. It announces the addition of two companies, Point Excess and Surplus Insurance Company and Sierra Specialty Insurance Company, to its list of approved non-admitted insurers. Both additions are effective as of July 31, 2023. Click here to read the bulletin […]

Georgia to Offer Pet Insurance

GA | The Georgia Office of Commissioner of Insurance and Safety Fire today issued Directive 23-EX-4. It authorizes the sale of pet insurance products within the state. Click here to read the Directive for additional information.

South Carolina Gives Notice of Tentative 2024 Insurance Rates

SC | The South Carolina Department of Insurance today issued three bulletins announcing tentative insurance rates for 2024. The bulletins also explain how insurers can request a hearing to discuss the proposed rates. Click on the links below for specifics: All requests for hearings must be submitted by August 16, 2023.

OCS Offers Guidance to Compulsory Liability Insurance Carriers

PR | The Office of the Commissioner of Insurance today issued Ruling Letter No. CN-2023-338-D. It explains the reasons for the extension of the effective dates for motor vehicle licenses that expired in the month of July 2023, until August 31, 2023. The bulletin provides guidance to insurers on the impact of this extension on […]

Michigan Updates Fire Insurance Withholding Program Participants

MI | The Department of Insurance and Financial Services today issued Edition 158 of its List of Michigan Municipalities Participating in the Fire Insurance Withholding Program. The updated list takes effect on September 1, 2023. Click here to read the announcement for additional information.

Delaware Announces Increase in Annual Fraud Assessment

DE | The Delaware Department of Insurance today issued Domestic and Foreign Insurers Bulletin No. 102 (Revised). It announces an increase in the annual fraud assessment paid by insurance carriers. The new amount of $1,050 will apply to future fee years, beginning with the 2023 annual fee, which will be a line item on the […]

SLA Reminds Brokers of New Communications Protocols

WA | The Surplus Line Association of Washington today issued a Bulletin reminding surplus lines brokers and other insurance professionals licensed under Chapter 27 of the state’s code of their responsibility to provide up-to-date contact information for the OIC. They are also encouraged to familiarize themselves with methodologies and legal timelines for communicating with the […]

Michigan Updates Its List of Hospitals Eligible for Enhanced Reimbursement

MI | The Michigan Department of Insurance and Financial Services today issued Bulletin 2023-19-INS. It updates the list of hospitals eligible for enhanced reimbursement under Sections 3157(4)(a), 3157(5), and 3157(6) of the Insurance Code (Code), MCL 500.3157(4)(a), MCL 500.3157(5), and MCL 500.3157(6). Click here to read the bulletin for additional information, including links to specific […]

Montana Offers Guidance for P&C Rate, Rule Filings

MT | Montana’s Commissioner of Insurance today issued an Advisory Memorandum. It shares the findings from the state’s recent internal rate review which identified a significant number of complianceissues in property/casualty rate, rule, or rate/rule filings. The memorandum goes on to offer guidance to insurance professionals on how to achieve compliance. It also announces a […]