Moratorium on Review and Approval of Excepted Benefits Filings
NM | The OSI today issued Bulletin 2023-005. It notifies all insurers offering excepted benefit plans that until a final excepted benefits regulation goes into effect, the Superintendent will not accept any new excepted benefits filings, and will administratively withdraw all excepted benefits filings pending approval unless it is the stated intent of the carrier […]
Michigan Addresses Insurance of High Theft Risk Vehicles
MI | The Michigan Department of Insurance and Financial Services today issued Bulletin 2023-03-INS. It reminds auto insurers of the regulations governing the refusal of insurance to certain makes and models of vehicles. Click here to read the bulletin for details.
Arkansas Announces 2024 Requirements for Health and Dental Plans
AR | The Arkansas Insurance Department today issued Bulletin No. 3-2023. It defines Plan Year 2024 state and federal requirements for qualified health plans and stand-alone dental plans and for ACA-compliant, off-marketplace health plan submissions. Click here to read the bulletin for further information.
Arkansas Adopts NAIC’s Accounting Practices and Procedures Manual (As of March 2022)
AR | The Arkansas Insurance Department today issued Bulletin No. 1-2023. It announces the Commissioner’s intent to adopt the NAIC’s Accounting Practices and Procedures Manual (As of March 2022). The effective date for use of the new standards is March 1, 2024. Click here to read the bulletin for details.
Arkansas Announces 2023 Company Appointment Renewals for Producers
AR | The Arkansas Insurance Department today issued Bulletin No. 2-2023. It announces the schedule and procedures for the renewal of company appointments for insurance producers. Click here to read the bulletin in full.
TDI Approves Texas Automobile Insurance Plan Association Rates
TX | The Texas Department of Insurance today issued Commissioner’s Bulletin #B-0002-23. It announces the approval of rate changes for private passenger and commercial automobile insurance for the Texas Automobile Insurance Plan Association (TAIPA). The changes are effective June 1, 2023. Click here to read the bulletin for further details.
Northern Mariana Islands Issues 2024 Health Insurance Filing Instructions for Insurers
NMI| Administrative Bulletin 2023-03 from the Office of the Insurance Commissioner in the Commonwealth of the Northern Mariana Islands, dated March 6, 2023. It provides instructions for health insurance issuers regarding the submission of health insurance policy forms for Plan Year 2024, specifically through the System for Electronic Rates and Forms Filing (SERFF). The bulletin […]
North Carolina Issue Homeowners Insurance Data Call
NC | The North Carolina Department of Insurance today issued Bulletin No. 23-B-02. It notifies property and casualty insurers writing homeowners insurance coverage in the state about annual reporting requirements. Responses are due by April 18, 2023. Click here to read the bulletin for details.
Rhode Island Clarifies Insurance Claim Adjuster Licensing Requirements
RI | The Rhode Island Insurance Division today issued Insurance Bulletin Number 2023-2. It explains the Division’s requirements and procedures for licensing company and independent adjusters as well as public adjusters. The bulletin also outlines the Division’s process for emergency adjuster licensing. Click here to read the bulletin for details.
Virginia Approves Commercial Auto Standard Forms
VA | The Virginia Bureau of Insurance today issued Administrative Order No. 12167. It establishes the standard forms for insurers to use for private passenger automobile insurance. Click here to read the order for further details. For additional information, click here to read the explanatory memo, and here to examine the Grant of Permission from the Insurance Services Office, Inc. (ISO).