Illinois Shares Healthcare.gov Logins and Applications
IL | The Illinois Department of Insurance has been alerted that some insurance producers may be engaging in the unethical practice of withholding access to their client’s ACA health plan accounts and login information, including healthcare.gov accounts, and re-enrolling clients without their knowledge into potentially inappropriately priced health plans. Click here for more information.
Oregon Errors and Omissions Liability Coverage for Investment Advisers
OR | These bulletins guide Oregon-based investment advisers regarding errors and omissions and insurance coverage required for state investment advisors under Oregon Revised Statute. Bulletin No. DFR 2022-6 concerns state-licensed investment advisers. Bulletin No. DFR 2022-7 concerns investment adviser firms.
Alaska’s Recent Changes for Continuing Education Requirements and Disclosures for Annuity Transactions
AK | The division recently promulgated regulations to update continuing education requirements and disclosures for annuity products in compliance with national standards. As this was adopted from NAIC Model Regulation #275, twenty-seven states have implemented the new training requirements. This bulletin provides clarity on the effective dates for compliance. Click here for more information.
Captive Insurers Domiciled in Connecticut Financial Filing and Other Requirements
CT | Connecticut General Statutes requires each captive insurance company domiciled or licensed in Connecticut (e.g., branch captive insurance companies) to file annual financial reports with the Insurance Commissioner. Click here for more information.
New Jersey Issues New Minimum Auto Insurance Coverage Limits
NJ | The Act amended existing law to increase the minimum limits of liability, uninsured motorist and underinsured motorist insurance coverage that must be provided in automobile insurance policies issued in this State. The Department of Banking and Insurance is issuing this Bulletin to remind automobile insurers of their obligations under the Act. Click here […]
Colorado Adopts Two COVID-19 Emergency Regulations
CO | The Colorado Division of Insurance today announced the adoption of the following emergency regulations: Both regulations are effective November 11, 2022. Please click on the links above for details.
Colorado Shares Information Concerning Coverage, Reimbursement for Transfer of Covered Persons Between Facilities and Treatment of Covered Persons
CO | Emergency Regulation concerning coverage and reimbursement for transfer of covered persons between facilities and treatment of coverage persons at a receiving facility during the COVID-19 and other respiratory illnesses disaster Recovery. Click here for more information.
New York Cybersecurity Regulation Proposed Revisions – Inactive Broker Exemption
NY | The New York Department of Financial Services (DFS) has published proposed revisions to its cybersecurity regulation. We are happy to report that a new total exemption for inactive brokers that ELANY proposed and advocated on behalf of has been included. Click here for more information.
Special Notice to Oklahoma Insurance Professionals
OK | The Oklahoma Insurance Department today issued a special notice to insurance companies, producers, and adjusters doing business in the jurisdiction. It reminds them of the availability of the EAGLE Mediation Program (Ending Arguments Gently, Legally, and Economically). Click here to read the notice in full and here for more information on the mediation […]
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 […]