Maine Bureau of Insurance Issues Guidance on Insurers’ Use of Aerial Imagery for Homeowners Policies
ME| The Maine Bureau of Insurance issued Bulletin 483 to address concerns regarding homeowners insurers’ use of aerial imagery in nonrenewal determinations. While aerial imagery can expedite claims handling and property evaluations, its misuse has led to inaccurate decisions, vague notices, outdated or unclear imagery, and a lack of transparency for homeowners. Insurers are reminded […]
Virginia Extends Suspension of Rate Filing Requirements for Private Flood Insurance, Mandates Certification and Compliance with Rate Standards
VA| The Commonwealth of Virginia State Corporation Commission issued Administrative Order No. 12197 on March 19, 2025, continuing the suspension of the requirement for insurers to file rates and supplementary rate information for private flood insurance under § 38.2-1906 of the Code of Virginia. This order maintains regulatory flexibility for insurers offering private flood insurance, […]
Wisconsin Insurance Regulators Issue Guidance on AI Use, Emphasizing Compliance and Consumer Protection
WI| The March 18, 2025 Bulletin from the Wisconsin Office of the Commissioner of Insurance addresses the use of Artificial Intelligence (AI) systems in the insurance industry. It emphasizes that decisions made using AI must comply with all applicable insurance laws and regulations, including those related to unfair trade practices and discrimination. The Bulletin outlines […]
Delaware Insurers Required to Submit Dual Rate Filings for Plan Year 2026 Amid Uncertainty Over ARPA Premium Tax Credits
DE| The Delaware Department of Insurance, Domestic and Foreign Insurers Bulletin No. 149, addresses the submission guidelines for Qualified Health Plan (QHP) rate filings for Plan Year 2026 in Delaware. Given the uncertainty about the extension of ARPA premium tax credits beyond December 31, 2025, insurers must submit two sets of rate filings. Key points: […]
New Hampshire Insurance Department Postpones Enforcement of Certain Insurance Regulations
NH| Docket #INS 25-024-AB, provides guidance from the New Hampshire Insurance Department regarding the postponement of enforcement for certain regulatory requirements. The Department aims to issue new rules and guidance to ensure consumer protection while minimizing unnecessary paperwork that could increase premiums. Key points: Click here to read full Bulletin Docket #INS 25-024-AB
Colorado Expands Insurance Coverage for Prosthetic Devices Used in Physical and Recreational Activities
CO| Bulletin No. B-4.149, addresses coverage for prosthetic devices necessary for physical and recreational activities in Colorado. This follows the passage of House Bill 23-1136 in 2023, which requires the Division to determine if this benefit necessitates state defrayal under the Affordable Care Act. Key Points: Click here to read Bulletin No. B-4.149
Delaware Updated Insurance Bulletin No. 138: Implementing Mandatory Minimum Payment Innovations in Health Insurance
DE| The Delaware Department of Insurance has released the updated Domestic and Foreign Insurers Bulletin No. 138, that provides guidance on implementing Regulation 1322 for health insurance in Delaware. Key Points: Click here to read Updated Bullet No. 138
U.S. Virgin Islands Returns to Pre-Pandemic Procedures for Insurance Licensing Exams
VI| The U.S. Virgin Islands Office of the Lieutenant Governor’s Division of Banking, Insurance, and Financial Regulation has announced the return to pre-pandemic procedures for administering resident individual insurance producer and adjuster licensing examinations in the U.S. Virgin Islands. These exams will now occur bimonthly in both districts, with schedules communicated via radio and social […]
PSLA Issues Bulletin Regarding Revised 1609-PR Producer Affidavit
PA| The Pennsylvania Surplus Lines Association sent a reminder that the the revised 1609-PR Producer Affidavit became effective December 1, 2024. Please reference , Revised 1609-PR Affidavit and Electronic Filing System (EFS) Enhancement. Click here to see March 14, 2025 PSLA Bulletin (including Links to forms)
Wisconsin Commissioner of Insurance Issues Bulletin on NPN Override on EDE Platforms
WI| The Office of the Commissioner of Insurance (OCI) has issued a bulletin addressing the misuse of the “NPN override” function on Enhanced Direct Enrollment (EDE) platforms. This function allows intermediaries not appointed with an insurer to submit applications using another intermediary’s National Producer Number (NPN). The OCI considers this practice a violation of Wisconsin […]