Louisiana Amends Regulation 31 – Holding Company
LA | The Louisiana Department of Insurance today announced the amendment of Regulation 31 – Holding Company. The amendment adds provisions for the continuity of essential services and functions provided by affiliates when an insurer is placed into receivership. It also brings the state’s law into conformity with the most current version of the NAIC […]
Georgia Issues Annual Autism Spectrum Disorder Data Call
GA | The Office of Commissioner of Insurance and Safety Fire today issued Directive 23-EX-2. It requires major medical insurers to submit data regarding treatment of ASD by May 15th annually. Click here to read the directive for further details.
Maryland Sets Benchmark for Health Benefit Plans
MD | The Maryland Insurance Administration today issued Bulletin 23-5. It notifies insurers and similar organizations that offer non-grandfathered health benefit plans in the individual or small group market of certain essential health benefits (EHB) included in the state’s benchmark plan. Click here to read the bulletin for further details.
Alabama Offers PY 2024 Filing Guidance
AL | The Alabama Department of Insurance today issued Bulletin No. 2023-01. It informs carriers of the filing deadlines for Plan Year 2024. The schedule provides dates for both Qualified Health Plan (QHP) and non-QHP filings. Click here to read the bulletin for specifics.
Puerto Rico Addresses Deviation Rates for Home and Residential Condominium Insurance
PR | today issued Circular Letter CC-2023-2012-D. It provides guidance for property and casualty insurers for the appropriate use of deviation rates for home and residential condominium insurance. It also includes the sworn declaration form. Click here to read the letter for further information.
Michigan Expands Protections Under Elliott-Larsen Civil Rights Act
MI | The Michigan Department of Insurance and Financial Services today issued Bulletin 2023-07-BT/CF/CU/INS. It announces the expansion of the protections offered under the Elliott-Larsen Civil Rights Act (ELCRA) to specifically include sexual orientation and gender identity or expression. Click here to read the bulletin for more information.
Illinois Offers Grace Period for Insurers
IL | The Illinois Department of Insurance today issued Company Bulletin 2023-04. It announces a grace period through August 1, 2023, for insurers to meet the revised standards for suitability in annuity transactions. Click here to read the bulletin for more information.
North Carolina Issues Data Call
NC | The North Carolina Department of Insurance today issued Bulletin No. 23-B-03. It notifies property and casualty insurers writing non-fleet private passenger motor vehicle physical damage and homeowners insurance coverage of their semi-annual reporting requirements. Replies are due no later than May 2, 2023. Click here to read the bulletin for additional information.
Alaska Addresses Medicare Supplement Eligibility
AK | The Alaska Division of Insurance today issued Regulatory Order No. R 23-01. It directs all health insurers writing Medicare Supplement business in the state to offer a guaranteed issue Medicare Supplement plan to all applicants who have exhausted their open enrollment period as a result of their continued enrollment in Medicaid and who […]
FSLSO Issues Weekly Wire for March 16, 2023
FL | The Florida Surplus Lines Services Office today publishes the latest issue of its e-newsletter, Weekly Wire. Featured stories include: Click here to read the newsletter.