California Updates LASLI
CA | The Surplus Line Association of California today issued Bulletin #1454. It announces the re-domestication of Clear Blue Specialty Insurance Company, effective December 20, 2022. Click here to read the bulletin.
Vermont Issues Bulletin Authorizing Use of Catastrophe Adjusters and Appraisers
VT | The Vermont Department of Financial Regulation has issued Insurance Bulletin No. 225. Due to the scope of damage caused by storms, the Department has authorized insurers to use Catastrophe Adjusters and Appraisers. This authorization is effective July 10, 2023 for a period of 90 days. Click here for more information.
Florida Addresses Use of Third-Party Filing Services
FL | The Florida Surplus Lines Service Office today issued Bulletin 2023-01. It provides guidance for surplus lines agents and insurers concerning the use of third-party services to make filings and submit reports to the FSLSO. In particular, the bulletin explains that FSLSO does not approve or otherwise endorse any third-party filing service and does […]
Maryland Solicits Comments on New Auto Insurance Form
MD | The Maryland Insurance Administration today issued Bulletin 23-10. It invites all producers and insurers offering private passenger motor insurance to give feedback on a new uninsured/underinsured motorist coverage selection form. The deadline for comments is July 25, 2023. Click here to read the bulletin for more information.
Colorado Announces Regulatory Changes
CO | The Colorado Division of Insurance today announced three changes to its regulations. Click on the links below to read each notice for additional information.
PA Publishes List of Approved Guide Source Method Vendors
PA | The Pennsylvania Insurance Department today published Notice 2023-12. It lists guide source providers approved to calculate the replacement value of total loss or unrecovered vehicles. Click here to review the list.
Michigan Issues May 2023 PRIRA Cases
MI | The Michigan Department of Insurance and Financial Services today issued its list of new PRIRA cases for the month of May 2023. Click here to review the cases in detail.
Illinois Announces Changes to HMO Requirements
IL | The Illinois Department of Insurance today issued Company Bulletin 2023-07. It notifies HMO issuers of changes to HMO requirements following the passage of Public Act 103-0104 on June 27, 2023. In particular, the Act addresses participating provider referral systems and policy form filing requirements. Click here to read the bulletin for more information.
Windstorm Insurance Coverage Availability
VI | The Division of Banking, Insurance, and Financial Regulation today issued Bulletin 2023-02. It discusses the factors affecting the availability of windstorm insurance coverage within the Territory. The bulletin also explains the Division’s response to requests from insurers to increase premiums. Click here to read the bulletin for more information.
NH Updates Guidance for Wellness Reward Programs
NH | The New Hampshire Insurance Department today issued Bulletin INS 23-023-AB. It updates information about what types of wellness reward programs life insurance companies can offer. The bulletin also summarizes the approval requirements for such programs. Click here to read the bulletin for more information.