Virginia Approves Revisions to the Commercial Auto Manual
VA | The Virginia Bureau of Insurance today issued Administrative Order 12173 and Administrative Order 12174. They update rules and rates for commercial and personal auto insurance coverages, respectively. These revisions take effect for policies written or renewed on or after July 1, 2023. Click here to read the order for commercial auto and here […]
AID Will No Longer Regulate Prepaid Legal Insurance
AR | The Arkansas Insurance Department today issued Bulletin No. 11-2023. It announces that as of June 16, 2023, the Department will no longer regulate the business of prepaid legal insurance. Click here to read the bulletin in full.
Puerto Rico Amends CN-2023-332-AS
PR | The Oficina del Comisionado de Seguros today issued Normative Letter CN-2023-337-AS. It rescinds the requirement to include certain language required under Law 142-2020 in policies effective as of January 1, 2024. This change reflects the decision in Medicaid and Medicare Advantage Products Association of Puerto Rico, Inc., et al., v. Domingo Emanuelli Hernandez, […]
New Mexico Issues Call for Vaccine Data
NM | The New Mexico Office of Superintendent of Insurance today issued a data call to all health insurance and health plan providers. On or before July 1, 2023, these entities must report the total number of insured children who are under the age of 19, in accordance with the Vaccine Purchasing Act. The notice […]
Kentucky Offers Advisory Opinion Regarding Medicare Supplement Products
KY | The Kentucky Department of Insurance today issued Advisory Opinion 2023-06. It provides guidance for health insurers writing Medicare supplement business about the process for submitting rate and form filings for such plans. Filings must be submitted for approval on or before August 1, 2023. Click here to read the opinion for additional information.
New Mexico Declares Catastrophe in Curry, Quay Counties
NM | The New Mexico Office of Superintendent of Insurance today issued Bulletin 2023-016. It announces a declaration of catastrophe in Curry and Quay Counties as a result of the series of natural events that occurred between May 24 and May 30, 2023. The catastrophic claim number is NM-2023-1. Click here to read the bulletin […]
West Virginia Addresses Medicare Supplement Guaranteed Issue Eligibility
WV | The West Virginia Office of the Insurance Commissioner today issued Bulletin No. 23-05. It provides a guaranteed issue eligibility period for seniors who may have missed the regular enrollment period due to Medicaid provisions allowed under the federal public health emergency. Click here to read the bulletin for further details.
Vermont Revises Insurance Bulletin #222
VT | The Vermont Department of Financial Regulation today issued a revision of Insurance Bulletin 222. The bulletin provides guidance regarding value-added products and services, including procedures and deadlines for SERFF filings. Click here to read the revised bulletin.
California Issues Revised Adjuster Education/Examination Objectives
CA | The California Insurance Commissioner’s Office today issued a Notice regarding revisions to public adjuster educational objectives and independent adjuster examination objectives recently approved by the Curriculum and Officer Review Bureau. Updated license examination questions based on the revised objects will be launched on July 19, 2023. Click here to read the notice for […]
Maryland Shares Insurance Law Summary
MD | The Maryland Insurance Administration today issued Bulletin 23-9. It summarizes insurance laws enacted during the 2023 Session of the Maryland General Assembly, including: Click here to read the bulletin for detailed information about each of these laws and their impact on the insurance industry.