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Michigan Implements PBM Registrations

MI | The Michigan Department of Insurance and Financial Services today issued Bulletin 2023-14-INS. It reminds Pharmacy Benefit Managers that the new PBM Licensure and Regulation Act (2022 PA 11) will take effect on January 1, 2024. The DIFS now offers a registration procedure for PBMs to indicate their interest in becoming licensed in Michigan. […]

West Virginia Explains Assignment of Benefits for Dental Insurance

WV | The West Virginia Insurance Commission today issued Bulletin No. 23-04. It reminds consumers and insurers about the regulatory processes and requirements surrounding the written assignment of benefits by an insured person to a dentist for covered services. Click here to read the bulletin for details.

Wyoming Provides Guidance for Depreciation of Labor and Adjustment of Insurance Claims

WY | The Wyoming Department of Insurance today issued a bulletin that provides guidance for determining costs when adjusting non-motor vehicle property claims. It explains how adjusters should handle depreciation calculations and differences in “usual and customary” expenses, including labor costs. Click here to read the bulletin for further information.

Mississippi Offers CE Exemption to 65+ Producers

MS | The Mississippi Insurance Department today issued Bulletin 2023-4. It announces that effective April 17, 2023, any individual who is 65 years old or more AND who has been licensed as an insurance producer for a continuous period of 25 years or more may be exempt from continuing education requirements. Click here to read […]

Georgia Issues Two New Bulletins

GA | The Office of Commissioner of Insurance and Safety Fire today issued two new bulletins. Click here to download and read each bulletin for more information.

Texas Issues Data Call for HelpInsurance.com

TX | The Texas Department of Insurance today issued Bulletin B-0003-23. It announces a data call for insurers writing personal automobile and residential property policies in the state to update pricing information on the HelpInsure.com website. Responses for this data call are due by May 19, 2023. Click here to read the bulletin for additional […]

Arizona Adds Carrier to Its Qualified Insurers List

AZ | The Surplus Line Association of Arizona today issued Member Bulletin 2023-02. It adds Federated Specialty Insurance Company to the Director’s List of Qualified Unauthorized Surplus Lines Insurers, effective April 17, 2023. Click here to read the bulletin for more information.

Michigan Releases Two New Bulletins

MI | The Michigan Department of Insurance and Financial Services today issued two new bulletins. Click on the links below to read them in full.