California’s Insurance Commissioner Issues Mandatory Moratorium on Cancellations and Non-Renewals
CA| Following the Governor’s Declaration of a State of Emergency on January 7, 2025, due to the Southern California Wildfires, Commissioner Lara issued Bulletin 2025-1, a mandatory moratorium on cancellations and non-renewals of residential property policies. Click here to see full January 9, 2025 Bulletin 2025-1 Click here to see full January 17, 2025 Update […]
Oregon Files Administrative Order Amending ORP payment Parameters for Plan Year 2025
OR| Oregon Insurance Department Released Administrative Order 1-2025. Amending OAR 836-150-0040 to add ORP payment parameters for plan year 2025. Effect January 16, 2025. Amended to include payment parameters for plan year 2025 (attachment point of $103,000; reinsurance cap of $1,000,000; and coinsurance rate of 50%), while deleting the provisions related to plan year 2020. […]
The Surplus Lines Association of Idaho Updates White List
ID| Idaho SLA Bulletin, dated January 16, 2025, provides updates and reminders for surplus line brokers in Idaho. It includes a white list update with the addition of AzGuard Insurance Company, effective December 24, 2024. The bulletin also emphasizes the importance of submitting annual premium tax statements electronically by March 1st to avoid penalties. Here […]
Colorado Issues Amended Bulletin on Pricing Actuarial Value Adjustment for the Premium Rate Reductions on The Colorado Option Standardized Health Plans
CO| The Colorado Department of Regulatory Agencies, Division of Insurance has issued Amended Bulletin B-4.123 extending the deadline for carriers to submit Mental Health Parity Non-Quantitative Treatment Limitation (NQTL) reports. Due to recent federal and state regulation revisions, the submission deadline for Filing/Plan Year 2024 NQTL Templates has been extended from March 1, 2025, to […]
South Carolina Issues Extension of Notice of Catastrophe Declaration for the Purpose of Temporary Adjusters for Tropical Storm Helene
SC| The South Carolina Department of Insurance has issued Bulletin 2025-02, extending the period for licensing temporary non-resident adjusters and motor vehicle physical damage appraisers due to the ongoing impact of Tropical Storm Helene. This extension, dated January 14, 2025, prolongs the original declaration made in Bulletin 2024-11 from September 30, 2024. Some key points: […]
Maryland Issues Bulletin 25-3 Requiring Update of Insurer Contact Information by April 15, 2025.
MD| Bulletin 25-3 issued by the Maryland Insurance Administration on January 14, 2025, requires all insurers, non-profit health service plans, dental plan organizations, health maintenance organizations, and other specified entities operating in Maryland to provide updated contact information by April 15, 2025, in preparation for potential disasters or catastrophic events. Some Key Points: Click here […]
Alaska Announces Independent Adjuster License Exemptions Following Catastrophe Declaration
AK| Bulletin B 25-02 from the Alaska Division of Insurance, addresses independent adjuster license exemptions following a catastrophe declaration due to severe windstorms in Southcentral Alaska on January 11, 2025. It outlines the process for nonresident independent adjusters to apply for exemptions and provides guidance on licensing requirements. Summary: Click here to see AK Bulletin […]
Nebraska Department of Insurance Caps Creditor Compensation at 30% Under Updated Credit Insurance Guidance
NE| The Nebraska Department of Insurance Guidance Document IGD-A2 provides updated requirements and prima facie rates for credit life and credit accident and health insurance in Nebraska for 2025, 2026, and 2027. The document details approved premium rate schedules, outlines procedures for filing rates and justifying deviations, and sets limitations on creditor compensation to ensure […]
Mississippi Surplus Lines Association Announces Address Change of Eligible Non-Admitted Insurer
MS| Bulletin 2025-01, issued by the Mississippi Surplus Lines Association, announces the address change for approved non-admitted insurer, General Star Indemnity Company, effective January 14, 2025. General Star Indemnity Company 400 Atlantic Street, 9th Floor Stamford, Connecticut 06901 (203) 328-5400 Click here to see MMSLA Bulletin 2025-01
The Surplus Line Association of California issues Bulletin 1492 on Commissioners Moratorium on Non-renewals and Cancellations in Wildfire Areas
CA| On January 7, 2025, the Insurance Commissioner announced a one-year moratorium on nonrenewal or cancellations of homeowners’ insurance due to wildfire risk in areas affected by the Palisades and Eaton fires. The covered zip codes include: More zip codes can be added to the bulletin at a later date. Click here to read full […]