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Mississippi Urges Health Insurers to Work with Policyholders Impacted by Severe Weather

MS | The Mississippi Insurance Department today issued Bulletin 2023-3. It urges health insurance companies to work with policyholders impacted by the severe weather events of March 24, 2023, in order to replace necessary medications. It asks insurers to waive refill timeframes except as they apply to Schedule II controlled substance medications. Click here to read the bulletin […]

Virginia Amends Compensation Insurance Manual

VA | The Virginia Bureau of Insurance today issued Administrative Order No. 12168. It amends the National Council on Compensation Insurance’s Experience Rating Plan Manual for Writing Workers’ Compensation Insurance in Virginia. The amended manual is approved for use on new and renewal policies effective on or after April 1, 2024. Click here to read the order for additional […]

Wyoming’s 2023 Legislative and Regulatory Updates

WY | The Wyoming Department of Insurance today released a summary of legislative and regulatory changes impacting the insurance industry. All new laws have an effective date of July 1, 2023, unless otherwise indicated. Click here to review the update.

Puerto Rico Reminds Insurers of Medical Loss Ratio Reporting Deadline

PR | The Oficina del Comisionado de Seguros today issued Regulatory Letter No. CN-2023-333-AS. It reminds health insurers of the July 31 deadline to present Reports of the Reason of Loss for Medical Services (“Medical Loss Ratio”). This is an annual requirement. Click here to read the letter for additional details on reporting procedures.

Delaware Reminds Health Insurers of Survey Deadline

DE | The Delaware Department of Insurance today re-issued Domestic/Foreign Insurers Bulletin No. 52. It requires all health insurers doing business in the state to complete a Health Insurance Carrier Survey and return it to the DOI by September 15, 2023. The bulletin includes a copy of the survey form. Click here for more information.

Florida Clarifying Claims Handling Procedures in Wake of Hurricanes

FL | The Florida Office of Insurance Regulation today issued Informational Memorandum OIR-23-02M. It reminds property and casualty insurers of their obligations regarding claims handling practices and catastrophe reporting. The memorandum also discusses market conduct investigations initiated after Hurricane Ian. Click here to read the memorandum for more information.

Mississippi Urges Insurers to Work with Policyholders Impacted by Severe Weather

MS | The Mississippi Insurance Department today issued Bulletin 2023-2. It urges insurance companies to work with policyholders impacted by the severe weather events of March 24, 2023. This is NOT a moratorium. Instead, insurers are asked to show flexibility for a 90-day period before canceling or declining to renew policies for failure to pay […]

Massachusetts Shares Guide to Health Insurance for People with Medicare

MA | The Massachusetts Division of Insurance today issued Bulletin 2023-08. It includes the publication, A Massachusetts Consumer’s Guide to Medicare. The bulletin also includes a link to the federal publication, Choosing a Medigap Policy: A Guide to Health Insurance for People with Medicare, and to an adversary that warns consumers about Medicare-related scams. Click […]

Pennsylvania Increases Autism Spectrum Disorders Coverage Maximum Benefit

PA| Section 635.2 of The Insurance Company Law of 1921 (40 P.S. § 764h) requires: “After December 30, 2011, the Insurance Commissioner shall, on or before April 1 of each calendar year, publish in the Pennsylvania Bulletin an adjustment to the maximum benefit equal to the change in the United States Department of Labor Consumer Price Index for […]