Missouri Issues New Insurance Data Security Guidance for Licensees
MO| Bulletin 26-01, issued by the Missouri Department of Commerce and Insurance explains implementation of Missouri’s Insurance Data Security Act, effective January 1, 2026, including how and when regulated licensees must report cybersecurity events, how third‑party service provider breaches are handled, and which regulated entities are excluded from the Act’s “licensee” definition. Key Points: Click […]
Pennsylvania Raises Auto Accident Surcharge Threshold to $2,350 Starting July 1, 2026
PA| Bulletin 2026-01, from the Pennsylvania Insurance Department announces that, effective July 1, 2026, the accident surcharge dollar threshold (cap) for private passenger automobile insurance will increase from $2,250 to $2,350, meaning insurers may not impose surcharges, rate penalties, premium increases, cancellations, nonrenewals, or driver record point assignments when an insured’s aggregate claim cost over […]
ELANY Extends Free Cybersecurity Training for NY Excess Line Brokers Through 2026
NY| ELANY Bulletin 2026-01 announces that they have extended their free KnowBe4 cybersecurity awareness training offer for qualifying New York–licensed excess line brokers through December 31, 2026. The training helps brokers meet New York’s requirement to provide at least annual cybersecurity awareness training, including social engineering, for all personnel based on the firm’s risk assessment. […]
Hawaii Insurance Division Urges Captives to Use OPTins for Premium Taxes, Renewals, and Fees
HI| The Hawaii Insurance Division’s Captive Insurance Branch is implementing OPTins, an NAIC electronic filing system, for all authorized captive insurers to file Form CAP‑001 premium tax statements and make related electronic payments for premium tax, annual license renewals, certificates, applications, examinations, and other fees effective February 2, 2026, with a $17.50 fee per electronic […]
Attention Hawaii Captives: 2025 Annual Filing Requirements, Due Dates, and Formats
HI| The Hawaii Insurance Division Memorandum 2025-16C sets out the 2025 annual filing requirements (due in 2026) for Hawaii‑authorized captive insurers, including risk retention and cell captives, specifying that all required documents must be filed electronically with the Captive Insurance Branch using defined email, file‑naming, and format conventions, and that due dates falling on weekends […]
Hawaii RRG Captives: Your 2025–26 Filing Checklist at a Glance
HI| The Hawaii Insurance Division issued Memorandum 2025-17C providing 2025 year-end annual and other filing requirements (due in 2026) for domestic risk retention captive insurance companies licensed in Hawaii, including general instructions, electronic filing protocols, late filing penalties, implementation of OPTins for premium tax and renewal fee payments, and a detailed checklist of NAIC and […]
Vermont Updates Mental Health Parity Rule: New Primary Care Procedure Codes Effective January 1, 2026
VT| The Vermont Department of Financial Regulation‘s Rule I-2013-01 (Revised) provides guidelines for distinguishing primary from specialty mental health and substance abuse services in health insurance plans to ensure equitable co-pays, mandating that primary services by mental health providers carry no higher co-pay than those by primary care providers, while specialty services align with specialist […]
Idaho Sends Notice Announcing Big Improvements Coming to Surplus Lines Broker Annual Filings
ID| The Idaho Department of Insurance sent an announcement via email to Idaho brokers about improvements coming to surplus lines broker annual filings. See copy of announcement below:
Washington OIC Announces New Law Standardizing Auto Insurance Appraisal Clauses
WA| The Washington Office of the Insurance Commissioner announced that the Legislature has passed Engrossed Senate Bill 5721, establishing standard language for automobile insurance appraisal clauses. Under the new law, the Insurance Commissioner is required to register competent and disinterested umpires who may be appointed to assist appraisers when they cannot mutually agree on an […]
New Georgia Tax Credit Empowers Insurance Companies to Invest in Former Foster Youth
GA| Bulletin 25-EX-4 announces Georgia’s new Fostering Success Act tax credit program, which allows insurance companies to redirect a portion of their state premium tax liability as dollar‑for‑dollar credits for donations to qualified foster child support organizations, effectively making participation cost‑neutral while funding programs that support youth aging out of foster care with education, housing, […]