Montana Issues Notice of Adoption of New Rule Regarding Model Procedure Rules

MT| This Notice from the Commissioner of Securities and Insurance, Office of the Montana State Auditor announces the adoption of a new rule (NEW RULE I) regarding petitioning for rulemaking, and amendments to existing rules (ARM 6.2.101 and 6.2.120) concerning model procedural rules, all of which became effective on January 11, 2025 Click here to […]

California Announces Addition to its List of Approved Surplus Line Insurers

CA | The Surplus Line Association of California has issued Bulletin #1491 announcing that the California Department of Insurance has updated its List of Approved Surplus Line Insurers to reflect the addition of Sierra Specialty Insurance Company (Texas), effective January 9, 2025. Click here for more information.

Louisiana Issued a Notice of Intent to Repeal Regulation 21 Pertaining to Special Policies and Provisions

LA| The Louisiana Department of Insurance has issued a notice of intent to repeal Regulation 21, which pertains to special policies and provisions, including prohibitions, regulations, and disclosure requirements. The regulation is being repealed because existing statutory language provides sufficient guidance, rendering the additional regulatory clarification unnecessary. This decision is part of an effort to […]

Virginia Approves 6.4% Rate Increase for Automobile Insurance Plan, Effective April 2025

VA| The Virginia State Corporation Commission’s Bureau of Insurance has approved amendments to the Virginia Automobile Insurance Plan’s manual of rules and rates, as proposed by the Automobile Insurance Plans Service Office on August 6, 2024. These changes include an overall rate level increase of 6.4%, with specific adjustments such as a 4.0% increase in […]

ELANY Issues Bulletin on Early Filing of Zero Statements

NY| The Excess Lines Association of New York (ELANY) has issued Bulletin 2025-01 reminding brokers that as of January 1, 2025, they may early file their ZERO premium tax statements through the DFS Portal if the meet the criteria. Click here to read full Bulletin 2025-01

New Mexico Issues Bulletin on Non-Uniform Prior Authorization Forms

NM| OSI Bulletin 2025-001 issued by the New Mexico Office of Superintendent of Insurance outlines the process for health insurers to request approval for non-uniform prior authorization request forms, as mandated by the Prior Authorization Act. Key Points: Click here to see OSI Bulletin 2025-001

Puerto Rico Launches Phase II of Digital Credentialing Platform for Healthcare Institutions

PR| The Office of the Commissioner of Insurance of Puerto Rico issued Circular Letter CC-2025-2044-D to all health insurance organizations and insurers offering commercial medical plans in Puerto Rico. The letter announces the launch of Phase II of implementing a uniform application form for credentialing and recredentialing through the SICRO digital platform, extending its use […]