New Hampshire Adopts NAIC Actuarial Guideline XLVIII AG48
NH | The New Hampshire Insurance Department today issued a bulletin for Docket No. INS-23-003-AB. It informs all admitted and approved domestic insurers of the state’s adoption of NAIC Actuarial Guideline XLVIII. Click here to read the bulletin in full.
ELANY Issues Final Notice for 2022 Premium Tax Statements
NY | The Excess Line Association of New York (ELANY) today issued Bulletin No. 2023-08. It announces that the 2022 ELANY reports, used to complete the excess line broker Premium Tax Statement, have been posted electronically. For those brokers who selected mail for transmittal of reports, 2022 reports are being mailed on February 21, 2023. […]
Pennsylvania Issues Special Data Call to Workers’ Compensation Carriers
PA | The Pennsylvania Insurance Department today issued a notice to workers’ compensation carriers announcing its annual WC Special Schedule “W” data call. Responses are due on or before April 15, 2023. Click here to read the notice for additional information.
Kentucky Issues Advisory Opinion on Term & Universal Life Insurance Reserve Financing
KY | The Kentucky Department of Insurance today issued Advisory Opinion 2023-03. It explains the reporting of reserve financing transactions specific to term life insurance businesses or universal life with secondary guarantees business to the Department. Click here to read the opinion for further details.
Kentucky Issues Advisory Opinion on Utilization Management and Medical Directors
KY | The Kentucky Department of Insurance today issued Advisory Opinion 2023-04. It clarifies the Department’s requirements for Utilization Management and Medical Directors. In particular, it addresses the issue of unappointed Medical Directors signing initial adverse benefit determination letters. Click here to read the opinion for additional details.
Virginia Approves Personal Auto Standard Forms
VA | The Virginia Bureau of Insurance today issued Administrative Order No. 12165. 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 AO 12165A – Grant of […]
Puerto Rico Issues Circular Letter CC-2023-2010-D
PR | The Oficina del Comisionado de Seguros (OCS) today issued Circular Letter CC-2023-2010-D. It reminds motor vehicle insurers that wish to provide insurance in Puerto Rico that they must notify the Commissioner in writing of their determination to participate in the “2023-2024 Compulsory Liability Insurance Selection Form.” Click here to read the letter for […]
Two New Emergency Regulations for Colorado Option Standardized Health Benefit Plans
CO | The Colorado Division of Insurance today announced the adoption of two new emergency regulations. Click on the links below to learn more.
CDI Issues Reminder of March 1, 2023, Premium Tax Filing Deadline
CA | The Surplus Line Association of California today issued Bulletin #1446. It reminds surplus line brokers of the upcoming March 1, 2023, deadline to file premium taxes. The CDI notice covers who is required to file premium taxes and how to file. Click here to read the bulletin for additional information.
FSLSO Issues Weekly Wire for February 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.