Wyoming Announces Continuing Education Regulation Updates
WY | The Wyoming Department of Insurance today issued a Memorandum to all licensees required to complete continuing education in the state. It announces new carry-over rules and the new rules on how often licensees may receive credit for taking the same class. The new CE rules take effect on January 1, 2023. Click here […]
New Jersey Amendments To Hint Non-Group Enrollment/Change Request Form
NJ | The purpose of this Bulletin is to advise carriers and other interested parties that theDepartment of Banking and Insurance (“Department”) has revised its Healthcare InformationNetworks and Technologies (“HINT”) Non-Group Enrollment/Change Request Form. Click here for more information.
New York Issues Bulletin Regarding New California Law
NY | The Surplus Line Association of California has published a bulletin on the California Insurance Department’s guidance regarding a new law that requires licensees to include their license number on emails. The new requirements apply to both resident and nonresident surplus line brokers that are licensed in California, among other licensed producers. Click here […]
Louisiana Submission of Access Plan
LA | The purpose of Bulletin No. 2022-08 is to inform all health insurance issuersand health maintenance organizations of the submission requirements pursuant to the NetworkAdequacy Act. As a result of that amendment, a substantial numberof issuers will now have to submit an access plan beginning on January 1, 2023. Click here for more information.
South Carolina Addresses Self-Funded Rates for Workers’ Comp Assigned Risk Plan
SC | The South Carolina Department of Insurance today issued Corrective Action Order No. 2022-05. This order addresses concerns raised by excessive losses for the assigned risk plan by authorizing the use of loss cost multipliers. Click here to read the order for specific information.
Michigan Sets Maximum Copying Charge
MI | The Michigan Department of Insurance and Financial Services today issued Bulletin 2022-22-INS. This bulletin reminds insurers of the limits placed on charges for copying insurance-related documents. The current rate of 10 cents per sheet of paper remains in effect through December 31, 2023. Click here to read the bulletin in full.
North Carolina Issues State of Emergency
NC | Governor Cooper issued EXECUTIVE ORDER NO. 274, for the State of North Carolina due to the forecasted threat of a prolonged period of cold weather in the State of North Carolina has increased the demand for drivers of propane and other heating fuels. Click here for more information.
Deviated Case Rates for Credit Life and Credit Accident and Health Insurance Sold by Motor Vehicle Dealers in Massachusetts
MA | The Commissioner shall review the combined experience of all insurers writing credit life and credit accident and the health insurance in Massachusetts for the motor vehicle dealer class of business and compute the deviated case rates for credit life and credit accident and health insurance sold through motor vehicle dealers for policies issued […]
Michigan Essential Insurance Act: Maximum Copying Charge
MI | This bulletin supersedes Bulletin 2022-05-INS, issued January 18, 2022.This bulletin informs insurers of the current maximum allowable copying charge for documentation provided to an insured or applicant under MCL 500.2113(2)(a) and Michigan Administrative Code. Click here for more information.
Louisiana Defines Producer Responsibility for Bail Bond Collateral
LA | The Louisiana Department of Insurance today promulgated Regulation 123. This regulation explains the state’s requirements and procedures regarding collateral for bail bonds. Click here to read the regulation for further details.