Oklahoma Issues Bulletin Regarding Enhanced Cash Surrender Value Programs
OK | The Oklahoma Insurance Department today issued Bulletin No. 8-2022. It clarifies the state’s position on endorsements offering enhanced cash surrender value (“ECSV”) benefits. It also explains the ongoing debate concerning the implementation of such programs. Click here to read the bulletin for more information.
Louisiana Updates Terminology for L&H Producers
LA | The Louisiana Department of Insurance has revised and reissued Bulletin 2017-05 to accommodate new language included in Act 56 of the 2022 Regular Legislative Session. Click here to read the bulletin for details.
Insurer Participation In Georgia Qualified Education Expense Tax Credit Scholarship Program
GA | The purpose of this Bulletin is to inform all insurers conducting business in the state of Georgia about a provision of House Bill 517, which goes into effect on January 1, 2023. Click here for more information.
South Carolina Issues Three New Orders
SC | The South Carolina Department of Insurance today issued three bulletins. Click on the links below to read each for more details. Order Number 2022-01 – Rates for Credit Accident & Health – Consumer Credit Transactions – Takes effect immediately. Order Number 2022-02 – Rates for Credit Accident & Health Insurance Sold in Conjunction […]
Indiana Issues Policy Cancellation Moratorium
IN | The Indiana Department of Insurance is calling on all insurance companies to implement the following extensions and/or grace periods in the administration of all lines of insurance policies. Click here for more information.
Washington Announces Twenty-Ninth Extension of Emergency Order on Surprise Billing
WA | The Washington Office of Insurance Commissioner has extended Emergency Order 20-06. The Commissioner finds that the State of Emergency caused by the ongoing COVID-19 novel coronavirus outbreak, as identified in the Commissioner’s Emergency Order 20-06, remains in effect. As a result, there is a continued need to ensure access to health care services. […]
Washington Announces 33rd Extension of Emergency Order on Coronavirus Testing
WA | The Commissioner finds that the State of Emergency caused by the ongoing COVID-19 novel coronavirus outbreak, as identified in the Commissioner’s Emergency Order 20-01, remains in effect. As a result, there is a continued need to ensure access to health care services. In the Insurance Commissioner’s judgment, the circumstances of the ongoing COVID-19 […]
Illinois Issues Climate Risk Disclosure Survey
IL | The Illinois Department of Insurance (IDOI) will participate in the National Association of Insurance Commissioners (NAIC) Climate Risk Disclosure Survey. Click here for more information.
ELANY Updates E&S Insurers List
NY | The Excess Line Association of New York (ELANY) today published Bulletin 2022-19. This bulletin announces changes to the state’s list of eligible excess and surplus line insurers. It also summarizes the eligibility criteria and process. Click here to read the bulletin in full.
Alabama Issues/Updates Four Regulations
AL | The Alabama Department of Insurance recently issued or updated the following regulations. Click on the links below to review the new text. Regulation 94 – Surplus Notes, Section 7 amended effective October 17, 2022. Regulation 151 – Independent Adjusters, Section 9 amended effective January 1, 2023. Regulation 160 – Adjustment of Certain Fees […]