Delaware Reminds Insurers of Mandatory Insurance Fraud Reporting Requirements
DE| The Delaware Department of Insurance re-issued the Delaware Domestic/Foreign Insurers Bulletin No. 15 that addresses insurance fraud reporting requirements for insurers in Delaware. It emphasizes the mandatory reporting of suspected insurance fraud as per the Delaware Insurance Code (18 Del.C. § 2408). Key Points: Click here to see reissued Bulletin No. 15
Oregon Strengthens Reproductive Health Equity: New Guidelines for Health Benefit Plans
OR| The Oregon Department of Consumer and Business Services, Insurance Division Bulletin No. DFR 2025-3, outlines the director’s expectations for health benefit plans under the Oregon Reproductive Health Equity Act (RHEA). The bulletin clarifies requirements for providing reproductive health services without cost sharing and ensures consistent access to care. Key Points: Click here to see […]
Louisiana Guidance on Dental Loss Ratios for Health Insurance Issuers
LA| Bulletin 2025-01, issued by the Louisiana Department of Insurance, provides guidance on Act 357 from the 2024 Louisiana Legislative Session. This act mandates new regulations for calculating and reporting dental loss ratios by health insurance issuers and health maintenance organizations. A Dental Loss Ratio Reporting Workbook is recommended for compliance reporting and can be […]
Arkansas Issues Insurance Bulletin Following March 2025 Severe Storms and Tornadoes
AR| The Arkansas Insurance Department issued Bulletin No. 06-2025 in response to severe storms and tornadoes that caused widespread damage in Arkansas on or about March 14, 2025. The bulletin outlines measures to assist affected residents and enforce regulatory compliance during this challenging time. Key Points: Click here to see AR Bulletin No. 06-2025
Louisiana Insurers Reminded to Comply with Emergency Assessments Directive
LA| Directive 226 from the Louisiana Department of Insurance, addresses the collection of emergency assessments by authorized property and casualty insurers. Issued on March 21, 2025, it reminds insurers of their duty to accurately charge and collect these assessments as levied by the Louisiana Citizens Property Insurance Corporation (LCPIC). Key Points: Click here to see […]
Delaware Regulators Issue Guidance on Use of Drones in Insurance Practices
DE| The Delaware Department of Insurance Bulletin No. 150, provides guidance on the use of Unmanned Aircraft Systems (UAS) in insurance practices in Delaware. It emphasizes the importance of balancing innovation with consumer protection and regulatory compliance. The bulletin highlights the benefits of UAS in enhancing efficiency in claim processing and underwriting but notes limitations […]
Pennsylvania Insurance Department Announces CPI-U Adjustment for Autism Spectrum Disorders Coverage
PA| The Pennsylvania Insurance Department Bulletin, Doc. No. 25-408, pertains to Autism Spectrum Disorders coverage and the Consumer Price Index for All Urban Consumers (CPI-U) adjustment. The notice highlights the legal requirements for insurers to cover autism services under mental health parity provisions. Key Points: Click here to see PA Bulletin Doc No. 25-408
Maine Announces Filing Deadlines for 2026 Individual and Small Group Health Plans
ME| Bulletin 484, Issued By Maine Bureau of Insurance, outlines the deadlines, requirements, and guidelines for rate and form filings for non-grandfathered individual and small group health plans with effective coverage dates in 2026 in Maine. The document emphasizes compliance with Affordable Care Act (ACA) standards, state-specific templates, and the integration of federal and state […]
FinCEN Eliminates Beneficial Ownership Reporting for U.S. Companies, Sets New Deadlines for Foreign Entities
US| Financial Crimes Enforcement Network (FinCEN) issued an interim final rule that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information (BOI) under the Corporate Transparency Act. The rule redefines “reporting company” to include only foreign entities registered to do business in the United States, exempting all U.S.-created entities and […]
California Enforces Strict Reporting Requirements for Insurance Licensees on Background Changes
CA| The California Department of Insurance issued an annual reminder that all insurance licensees, applicants, and related individuals must promptly report any changes in background information—including criminal convictions, certain financial events, or administrative actions—within 30 days of discovery, as required by California Insurance Code section 1729.2. Both individuals and business entities, as well as unlicensed […]