Vermont Department of Financial Regulation Encourages Assistance for Consumers Facing Shutdown Hardships

VT| Vermont’s Department of Financial Regulation issued DFR Bulletin #6 on October 24, 2025, urging financial services companies regulated by the department to offer flexibility and proactively assist individuals experiencing financial hardship due to the ongoing federal government shutdown, including avoiding penalties, fees, cancellations, or defaults for affected consumers; regulated entities are expected to clearly […]

Maine Sets New Network Adequacy Standards for 2026 Health Plans

ME| Bulletin 487 from the Maine Bureau of Insurance providing new network adequacy guidance for health insurance plans effective for the 2026 plan year. It adopts the Centers for Medicare and Medicaid Services (CMS) standards for maximum travel time and distance to health care providers and facilities, with certain Maine-specific modifications accounting for local provider […]

Delaware Issues Emergency Insurance Bulletin to Protect Federal Workers During Government Shutdown

DE| The Delaware Department of Insurance issued Bulletin No. 160 (see Revised Bulletin 160) responding to the federal government shutdown by urging all insurance carriers operating in Delaware to temporarily accommodate impacted federal employees and contractors facing financial hardship. The accommodations include a minimum 60-day premium payment grace period, a moratorium on cancellations and nonrenewals […]

Delaware Updates Form Filing Fee Rules: $2,000 Cap and New Refund Process for Insurers

DE| The Delaware Department of Insurance REVISED Bulletin No. 38 reminds insurance carriers of the $2,000 form filing fee cap under HB 242, clarifies that no fee is required for informational filings, and updates the process for correcting insufficient filing fees via the SERFF platform. Key Points: Click here to see REVISED DE Bulletin No. […]

The Surplus Line Association of California Shares the DOI Request to Insurers to Expand Liability Coverage for Foster Family Agencies

CA| California Insurance Commissioner Ricardo Lara has issued a renewed request for insurers, including surplus line carriers, to initiate or expand liability coverage for Foster Family Agencies (FFAs) in California, citing ongoing concerns about the accessibility of this crucial insurance and referencing the potential legal risk to the state’s roughly 200 FFAs due to insufficient […]

Oklahoma insurers: Key 2025 regulatory changes under HB 1497 introduce NAIC-aligned group capital and liquidity reporting requirements

OK| Oklahoma Insurance Department issues Bulletin No, 2025-09: House Bill 1497 introduces significant changes to Oklahoma’s insurance regulatory framework for holding company systems, effective November 1, 2025. It aligns Oklahoma’s law with the NAIC Model Law by requiring annual group capital calculations and liquidity stress tests, establishes confidentiality provisions, and outlines exemptions and specific criteria […]

Colorado Division of Insurance urges carriers to extend grace periods and waive late fees for federal employees impacted by the ongoing government shutdown

CO| Bulletin No. B-6.05, issued by the Colorado Division of Insurance, addresses the impact of the ongoing federal government shutdown affecting approximately 57,000 federal employees and their families in Colorado, who face furloughs or unpaid work. It urges insurance carriers to support these federal employees by avoiding cancellations, lapses in coverage, or late fees caused […]

The Colorado Division of Insurance Suspends Certain Data Testing Requirements for Life Insurers

CO| The revised Colorado Bulletin B-10.004 addresses the quantitative testing reporting requirement for life insurers who use external consumer data and information sources under Regulation 10-1-1. Due to the absence of finalized rules on the required quantitative testing, the Division of Insurance is waiving the requirement to include quantitative testing descriptions in annual reports due […]