Louisiana Offers Guidance for Completing Demographic Hiring Survey
LA | The Louisiana Department of Insurance today issued Bulletin 2022-07. It provides guidance to all insurers and entities licensed or authorized to do business in the jurisdiction regarding the completion of the state’s Demographic Hiring Survey. Surveys need to be completed no later than December 10, 2022. Click here to read the bulletin for […]
New York Announces Proposed Revisions to Cybersecurity Regulation
NY | The Excess Line Association of New York (ELANY) has issued Bulletin No. 2022-20. The New York Department of Financial Services (DFS) has published proposed revisions to its cybersecurity regulation. A new full exemption for inactive brokers that ELANY proposed and advocated on behalf of has been included. The exemption is contained in a […]
Insurance Industry Spent Billions With California Diverse Businesses
CA | New data from the California Department of Insurance suggests that, while more is still yet to be done, there is ample room to continue to push California’s $409 billion insurance industry into partnering more with the state’s diverse small businesses. These new findings are key to helping consumers, investors, and policy leaders hold […]
Louisiana Guidance For Filing Demographic Hiring Survey
LA | The purpose of this bulletin is to guide all insurers and entities licensed or authorized to do business in the State of Louisiana regarding the Demographic Hiring Survey. Click here for more information.
Wisconsin Agent Appointment Renewal Invoices for 2022
WI | The Wisconsin Office of the Commissioner of Insurance (OCI) will process all company appointments electronically through the National Insurance Producer Registry (NIPR). The appointment renewal invoice will include all resident/nonresident appointment renewals. Click here for more information.
Tennessee NAIC Actuarial Guideline XLVIII
TN | The National Association of Insurance Commissioners (“NAIC”) has adopted the Term andUniversal Life Insurance Reserve Financing Model Regulation (“Model Reg. #787”) as anaccreditation standard for continued accreditation by and membership in the NAIC for itsmembers. Click here for more information.
Texas Announces 2022 Call for Annual Experience and Workers’ Compensation Deductible Plans
TX | The Texas Department of Insurance has issued Commissioner’s Bulletin # B-0009-22. This Bulletin is in regard to a data call made under Insurance Code Sections 2251.003, 2251.008, and 38.001. The data is used for a report that the Texas Department of Insurance (TDI) must send annually to the governor, lieutenant governor, speaker of […]
Maryland Offers Guidance for Charitable Gift Annuity Special Permit Holders
MD | The Maryland Insurance Administration today issued Bulletin 22-16. This bulletin reminds charitable gift annuity special permit holders of the regulatory standards for CGA reserve attestations. It offers best practices for preparing and submitting statements from CPAs or qualified actuaries concerning reserves. Click here to read the bulletin for additional information.
Oklahoma Issues Commercial Modernization Order
OK | The Oklahoma Insurance Department today issued a special notice to property and casualty insurers and all advisory organizations licensed in the state. Effective October 26, 2022, certain specialty commercial insurance products are now exempt from policy form approval and rate filing requirements. Click here to read the notice in full, and here to […]
California Updates Its List of Approved Surplus Line Insurers
CA | The Surplus Line Association of California today issued Bulletin #1437. It announces the addition of Transverse Specialty Insurance Company (Texas) to the List of Approved Surplus Line Insurers, effective October 31, 2022. Click here to read the bulletin for additional information and here to view the entire LASLI.