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, […]
Georgia OCI Tightens Requirements for Claiming Housing Tax Credits with Annual Premium Tax Filings
GA| Bulletin 25-EX-5, issued by the Georgia OCI Premium Tax Division, informs insurers subject to O.C.G.A. §§ 33-5-17, 33-8-4, and 33-40-5 that to claim the Georgia Housing Tax Credit under O.C.G.A. § 33-1-18 on their annual premium tax returns, they must submit complete supporting documentation with the filing, as current-year returns are being audited and […]
Georgia Prohibits Step Therapy for Stage-Four Metastatic Cancer Patients
GA| Georgia Insurance Commissioner issues Bulletin 25-EX-6, reminding all health benefit plans issued in Georgia—including state employee plans and Medicaid managed care plans—that O.C.G.A. § 33-24-59.20 prohibits the use of step therapy or “fail first” protocols for the treatment of stage four advanced, metastatic cancer. Health plans that directly or indirectly cover treatment for this […]
New Georgia Bulletin Requires Health Plans to Cover Key Biomarker and Genomic Tests
GA| Bulletin 25-EX-7, issued by Georgia’s Insurance Commissioner, reminds all Georgia health benefit policies, including state employee plans, that O.C.G.A. § 33-24-59.33 requires coverage of biomarker testing for diagnosis, treatment, management, or monitoring of a disease when supported by at least one of five criteria: FDA-approved or cleared tests with labeled indications, tests indicated in […]