Arkansas Enacts Sweeping Insurance Reforms During 2025 Legislative Session
AR| The Arkansas Insurance Department’s Bulletin No. 9-2025, issued June 12, 2025, provides a comprehensive summary of significant insurance-related legislation enacted during the 2025 Arkansas Legislative Session, effective August 5, 2025, unless otherwise specified. The laws enacted cover a wide range of areas including life and health insurance, pharmacy benefit management, property and casualty insurance, […]
New Hampshire Insurance Department Prioritizes Transparency with Significant Reduction in Examiner Fees
NH| The New Hampshire Insurance Department has announced a significant reduction in its examiner billing rate, lowering it from $114 per hour to $71.74 per hour, effective immediately, which represents a 37% decrease. This change follows a comprehensive review by a designated workgroup that analyzed examiner compensation, benefits, and overhead costs to ensure the new […]
Hawaii Calls on Insurers to Support Wildfire Victims with Extended Rebuild Timeframes
HI| Memorandum 2025-1A, issued by Hawaii’s Acting Insurance Commissioner, addresses all insurers offering property insurance in Hawaii, in light of the continuing recovery challenges faced by policyholders affected by the August 2023 Maui wildfires. The memo highlights concerns about time limits in insurance policies for completing repairs or replacements to qualify for full replacement cost […]
Addition of Approved Non-Admitted Insurer Announced by Mississippi Surplus Lines Association
MS| Bulletin 25-15, issued by the Mississippi Surplus Lines Association, announces the addition of Ozark Specialty Insurance Company, NAIC #17731, to their list of approved unauthorized surplus lines insurers. Effective June 12, 2025. Click here to see MSLA Bulletin 25-15
ELANY Announces the Voluntary Withdrawal of Insurer From the Eligible E&S Insurers List
NY| The Excess Lines Association of New York (ELANY) updates their Eligible Excess & Surplus Lines Insurers List by withdrawing Arch Property Casualty Insurance Company at their request. Click here to see ELANY Bulletin No. 2025-14
Florida Updates 2025 New Entities Report as of May 31, 2025
FL| The Florida Office of Insurance Regulation (OIR) provides a list of new entities to the Florida insurance market throughout the year, with new entities added monthly. The list records the entity name, authority category, domicile status, and date authorized. The current 2025 List has been updated as of May 31, 2025. Click here to […]
Indiana Department of Insurance Announces Annual Ownership Disclosure Mandate
IN| The Indiana Department of Insurance issued Bulletin 278 to inform insurers, third party administrators (TPAs), and pharmacy benefit managers (PBMs) operating in Indiana of new ownership reporting requirements under Public Law 239-2025, effective July 1, 2025. Each year, these entities must submit detailed reports identifying any person or entity with at least a 5% […]
Arkansas Insurance Department Grants Extension for 2026 Plan Year Data Submissions
AR| The Arkansas Insurance Department issued Bulletin #8-2025 on June 9, 2025, extending the data-reporting deadline for Rule 128 concerning plan year 2026. Originally due on July 1, 2025, the reporting deadline has been moved to July 31, 2025, acknowledging that health plans and Pharmacy Benefit Managers (PBMs) cannot reasonably compile complete reporting data on […]
Mississippi Surplus Lines Association Notice of Address Change of Authorized Non-Admitted Insurer
MS| Bulletin 2025-14, issued by the Mississippi Surplus Lines Association, announces the address change for approved non-admitted insurer, Mercer Insurance Company, effective June 10, 2025. Home Office: 600 N. 2nd Street, Suite 401Harrisburg, Pennsylvania 17101 Mailing Address: P.O. Box 73909118 Second Ave, SECedar Rapids, Iowa 52401 Click here to see MSLA Bulletin 2025-14
Iowa Increases Bond Requirement and Tightens Licensing Rules for Public Adjusters Under SF 619
IA| The Iowa Insurance Division’s Bulletin 25-04 outlines the initial implementation of SF 619, which introduces new licensing requirements and regulations for public, independent, and staff adjusters, as well as appraisers and umpires, in response to increased insurance claims and costs from recent catastrophic weather events in Iowa. The bulletin details transitional processes for current […]