Risk of Penalties & Perjury: CA Insurance Commissioner Targets Undisclosed Formula Edits in Rate Exhibits

CA| Bulletin 2026-2 from the California Insurance Commissioner reminds all Proposition 103 prior-approval property and casualty insurers that rate applications must use the Department’s official Prior Approval Application, Templates, Standard Exhibits, and SIS Exhibits without altering any of the Department’s proprietary formulas, and that any adjustments must instead be disclosed and explained in the Filing […]

New MN Bulletin Clarifies Filing Rules for FORTIFIED Homeowners Rate Discounts

MN| Administrative Bulletin 2026-1 instructs Minnesota homeowners insurers on how to file actuarially justified premium discounts or rate reductions for IBHS FORTIFIED-designated properties under Minn. Stat. § 65A.298, including required SERFF filings, threshold discount levels for the wind/hail portion of premium, and Commerce’s case-by-case review standards starting March 23, 2026, without disturbing previously approved filings. […]

California DOI Issues 2026 Reminder: Report Background Changes Within 30 Days or Face Discipline

CA| The Notice, issued March 20, 2026 by the California Department of Insurance, reminds all admitted insurers, producers, bail agents, independent and public adjusters, education providers, and other interested parties that California Insurance Code section 1729.2 requires all licensees, applicants, and specified unlicensed control persons listed on business entity licenses or applications to report any […]

Texas Approves New Workers’ Comp Class Code for Clerical Telecommuters, Effective July 1, 2026

TX| Texas Department of Insurance Commissioner’s Order No. 2026-9844 approves NCCI Item B-1451, which amends the NCCI Basic Manual in Texas to establish workers’ compensation classification code 8871 for clerical telecommuter employees whose duties are clerical, who telecommute at least 50% of the time, and whose employer’s basic classification does not already include clerical employees, […]

Nebraska DOI Greenlights Use of Insurance Consultants for Medicare Advantage Sales—With Key Conditions on Fees and Compliance

NE| The Nebraska Department of Insurance issues advisory Guidance Document IGD-B9 to clarify that insurance consultants may be used to sell Medicare Advantage plans in Nebraska, in light of some carriers reducing or removing producer commissions. Consultants differ from producers because they charge consumers a reasonable fee for advice and placement instead of receiving carrier […]