Pennsylvania Announces 2023 MCARE Assessment
PA | The Pennsylvania Insurance Department today issued Notice 2022-13. It notifies all basic insurance coverage companies and self-insured participating healthcare providers that the assessment amount for the Insurance Department Medical Care Availability and Reduction of Error Fund (MCARE) for 2023 will be 19%. Click here to read the notice in full.
Rhode Island Auto Body Labor Rate Survey Reports 2022 Prevailing Labor Rates
RI | In accordance with Insurance Bulletin 2022-2, insurers and insurance groups thatwere determined to meet the criteria established greater than 1% market share, have submitted the 2022 Auto Body Labor Rate Survey Reports to this Department. Click here for more information.
Texas Announces September 2022 Filing Premiums Exceed $918M
TX | The Surplus Lines Association of Texas (“SLTX”) recorded almost $918M of premium in September, promoting the year-to-date total to $8.7B. This represents a 31.2% increase over September 2021, and 26.8% increase year-to-date. Click here for more information.
SLTX Issues Board of Directors Meeting Summary
TX | On October 27, 2022, the Stamping Office Board of Directors held a Board of Directors meeting. The meeting was held in person and via teleconference. The board discussed various topics on the agenda including approval of previous board minutes, the proposed budget for 2023, and the Headspring/ Accenture 2023 SOW. This is a […]
Michigan Insurance Sales at Dealerships Licensed Under The Motor Vehicle Sales Finance Act
MI | This bulletin concerns the Motor Vehicle Sales Finance Act’s prohibition of the sale of automobile insurance in automobile dealerships. Click here for more information.
Puerto Rico Implementation of the P.R. Insurance Data Collection Report for Hurricane Fiona Claims
PR | In Puerto Rico, Hurricane Fiona caused heavy losses in many sectors. which unquestionably will bring about claims being filed by the insured and claimants with property and casualty insurers who have insured their property. As provided in Section 3.320 of the Insurance Code, 26 L.P.R.A. sec. 332, all insurers that are authorized to […]
Colorado Adopts New Regulation Concerning Law and Ordinance Coverage
CO | The Colorado Division of Insurance today adopted Regulation 5-1-21. This regulation identifies specific acts or practices regarding law and ordinance coverage that may constitute unfair claim settlement practices. The regulation takes effect on December 15, 2022. Click here to read the new regulation for additional information.
Kentucky Local Government Premium Tax Annual Reconciliation Report Filing Procedures
KY | The purpose of this bulletin is to notify all entities required to submit a Local Government Premium Tax Annual Reconciliation Report that the Department will no longer accept reports filed through any process other than by direct upload into the Department’s eServices portal. Click here for more information.
Virginia Automobile Insurance Plan Amendment
VA | By submission received from the Automobile Insurance Plans Service Office on September 13, 2022, the Virginia Automobile Insurance Plan, on behalf of its members, requested approval of the following revisions to the commercial auto manual: Rule 70 — Territory Code for ZIP Code 24058 changed from 117 to 114 and ZIP Code 24468 […]
California Notice Of Export List Public Hearing
CA | The California Insurance Commissioner will hold a public hearing, concerning the renewal of the export list in the surplus lines. Click here for more information.