California Issues New Fiscal Year PBR Assessment Tiers for Licensed Life Insurance Companies
CA| Bulletin 2025-8, from the California Department of Insurance, announces the annual Principle-Based Reserving (PBR) assessment for life insurance companies licensed in California for Fiscal Year 2024-25, as authorized by California Insurance Code section 10489.992. The total statewide assessment for the year is set at $3,188,000, to be apportioned among companies based on their gross […]
The Surplus Lines Association of Arizona Announces New Qualified Unauthorized Surplus Lines Insurer
AZ| Bulletin 2025-01, issued by the Surplus Lines Association of Arizona, announces the addition of Bowhead Insurance Company, NAIC #16924, to their list of approved unauthorized surplus lines insurers. Effective May 14, 2025. Click here to see AZ SLA Bulletin 2025-01
The Surplus Lines Association of Arizona Announces New Approved Unauthorized Surplus Lines Insurer
AZ| Bulletin 2025-02, issued by the Surplus Lines Association of Arizona, announces the addition of Safepoint Insurance Company, NAIC #15341, to their list of approved unauthorized surplus lines insurers. Effective May 14, 2025. Click here to see AZ SLA Bulletin 2025-02
Oregon DMV Launches 24/7 Online Collision Report Service for Drivers
OR| Oregon DFR Sends notice to Insurers that the Oregon DMV has launched a new online collision report service via DMV2U, allowing drivers to electronically submit collision reports (formerly known as accident or crash reports) using any internet-enabled device. This user-friendly, secure service is available 24/7, provides real-time submission with email confirmation, and allows users […]
Oregon Issues Updated Guidance for Insurance Policy and Rate Filings
OR| The Oregon Division of Financial Regulation Bulletin 2025-05 provides updated guidance for all entities regulated under the Oregon Insurance Code regarding the filing of policy forms and rates. The bulletin outlines the mandatory use of the System for Electronic Rate and Form Filing (SERFF) for most filings, details the required documentation for a complete […]
Missouri Waives Pharmacy Rules to Aid Residents Impacted by Severe Storms
MO| The Missouri Department of Commerce and Insurance issued Bulletin 25-04 in response to Executive Order 25-24, signed by Governor Mike Kehoe on May 20, 2025, following the severe storms and tornado on May 16, 2025. The bulletin aims to ensure that individuals affected by the disaster can continue to access their prescription medications, even […]
Public Invited to Comment on Potential New Regulations for Maryland Provider Network Directories
MD| The Maryland Insurance Administration (MIA) will hold a virtual public meeting on June 25, 2025, to discuss Section 15-112 of the Insurance Article, focusing on requirements for the accuracy of provider directories and whether additional regulations are needed. The Commissioner is inviting input from industry, consumers, and stakeholders, with opportunities for public comment for […]
Idaho Approves Use of Federal Summary of Benefits and Coverage to Meet State Insurance Disclosure Requirements
ID| The Idaho Department of Insurance issued Bulletin No. 25-04 on May 22, 2025, clarifying that health insurance carriers in Idaho may now use the federally required Summary of Benefits and Coverage (SBC), as established under the Affordable Care Act, to fulfill the state’s Outline of Coverage (OOC) requirement for disability/health insurance policies. This decision […]
MSLA Announces Name-Change of Approved Non-Admitted Insurer
MS| Bulletin 25-12, issued by the Mississippi Surplus Lines Association, announces the Name Change of XL Catlin Insurance Company UK Limited to AXA XL Insurance Company UK Limited, effective May 22, 2025. Click here to see MSLA Bulletin 25-12
New State Bulletin Mandates Separate Primary and Secondary Rate Submissions for Individual Market Plans
MI| The State of Michigan Department of Insurance and Financial Services (DIFS) issued Bulletin 2025-15-INS to update and clarify the filing requirements for individual market medical plans for Plan Year 2026, superseding conflicting portions of a prior bulletin. The guidance, in response to new federal instructions and potential Congressional actions, requires issuers to submit two […]