Colorado Adopts Five New/Revised Regulations
CO | The Colorado Division of Insurance today announced the adoption of four new insurance regulations and the revision of a fifth. Click on the links below to read each new/revised regulation. Regulation 1-1-10 – Concerning Appointment of Insurance Company Registered Agents (new, effective 11/30/2022) Regulation 4-2-87 – Concerning Occupational Accident Insurance Coverage (new, effective […]
Maryland Provides Guidance on Exemptions from Participation in Health Benefit Exchange
MD | The Maryland Insurance Administration today issued Bulletin 22-15. It provides guidance to carriers regarding required filings for an exemption from participation in the Maryland Health Benefit Exchange in 2023. Exemption requests based on the aggregate annual premium are due on or before December 15, 2022. Exemption requests based on student health plans being […]
More Changes To ELANY’s List Of E&S Insurers
NY | Unauthorized insurers on ELANY’s List of E&S Insurers undergo a thorough financial analysis by ELANY. This analysis goes beyond verifying that the insurers meet the minimum standards of eligibility imposed by the Non-admitted and Reinsurance Reform Act. Click here for more information.
Exemption from Participation in the Maryland Health Benefit Exchange in 2023
MD | The purpose of this Bulletin is to provide guidance to carriers regarding required filingsfor an exemption from participation in the Maryland Health Benefit Exchange in 2023. Click here for more information.
Maryland Changes ACH and Wire Payment Numbers
MD | The Maryland Insurance Administration today issued MIA Bulletin 22-14. It updates the account numbers and codes for filers using ACH Credit or Wire Transfers to make premium tax, retaliatory tax, or Health Care Access fee payments. MIA reminds filings that it strongly encourages the use of OPTins to make such payments. Click here […]
Maryland Shares Change In ACH And Wire Payment Numbers For Premium Tax And Industry Assessments
MD | This Bulletin is applicable to any person that is required by §§6-102, 6-303, 6-102.1,2-502, and 2-112.2 of the Insurance Article, and §6-304 of the State GovernmentArticle, of the Annotated Code of Maryland. Click here for more information.
American Samoa Issues an Executive Order for a State of Emergency
AS | An order Declaring a State of Emergency related to the Earthquakes felt in Ta’u. Click here for more information.
Wyoming Updates Guidance Regarding Designated Home State Licensing
WY | The Wyoming Department of Insurance today issued a Memorandum updating its previous communication of July 7, 2022. The new memorandum provides further guidance regarding the reciprocity of adjuster licensing and when the designated home state rule can be applied. Click here to read the memorandum in full.
Michigan Offers Payment and Billing Guidance for No-Fault Automobile Insurers and Health Care Providers
MI | The Michigan Department of Insurance and Financial Services today issued Bulletin 2022-17-INS. This bulletin supersedes Bulletins 2019-11-INS (issued June 28, 2019) and Bulletin 2021-35-INS (issued September 22, 2021). It clarifies procedures for payment and billing in the wake of a recent Michigan Court of Appeals opinion. Specific topics addressed include: Click here to […]
New Mexico Issues Application Of Open Enrollment And Special Enrollment Periods
NM | The New Mexico Office of Superintendent of Insurance (OSI) is issuing this bulletin to clarify the application of annual open enrollment periods (OEPs) and special enrollment periods (SEPs) to the sale of individual, fully-insured, major medical plans that meet qualified health plan standards and are sold outside the New Mexico Health Insurance Exchange […]