New Hampshire Issues Bulletin Regarding Virtual Vehicle Claims Adjustments

Apr 15, 2025 / by AAIS posted in Compliance, New Hampshire

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On April 14, 2025, the New Hampshire Insurance Department issued Bulletin INS 25-031-AB regarding the use of virtual claims adjustment systems that require pictures or videos of damaged vehicles from consumers or repair shops rather than in-person inspections by insurers.

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Arkansas Issues Moratorium Following Severe Storms and Tornadoes

Mar 28, 2025 / by AAIS posted in Compliance, Arkansas

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On March 21, 2025, the Arkansas Insurance Department (AID) released Bulletin No. 06-2025 to issue a moratorium following severe storms and tornadoes in the state.

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Maine Issues Bulletin Regarding Aerial Imagery

Mar 27, 2025 / by AAIS posted in Compliance, Maine

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On March 19, 2025, the Maine Bureau of Insurance issued Bulletin 483 regarding the use of aerial imagery by homeowners insurers.

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Louisiana Issues Directive 226 Regarding Emergency Assessment Changes

Mar 26, 2025 / by AAIS posted in Compliance, Louisiana

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On March 21, 2025, the Louisiana Department of Insurance issued Directive 226 regarding Louisiana Citizens Property Insurance Corporation (LCPIC) emergency assessments. 

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Arkansas Enacts Senate Bill 48

Mar 21, 2025 / by AAIS posted in Compliance, Arkansas

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Arkansas has enacted Senate Bill 48, which, among other provisions, is adding clarification regarding deductible disclosure. The bill states that for owner-occupied residential property insurance policies, all deductibles included under the policy must be disclosed, as applicable, in a clear and conspicuous manner on the policy declaration page or notice of renewal. For owner-occupied residential property insurance policies that contain separate deductible levels by peril, the deductible amounts along with the policy's all other peril deductible, if applicable, must be displayed on the policy declaration page or notice of renewal.

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Maryland Adopts COMAR 11.18.04.01 Through .04

Mar 18, 2025 / by AAIS posted in Compliance, Maryland

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Maryland has adopted COMAR 11.18.04.01 through .04. Among other provisions, the rules require insurers to participate in the Motor Vehicle Administration's Online Insurance Verification (OLV) program, which helps verify insurance policies in real time. Additionally, on at least a weekly basis, insurance companies are required to submit a report of all active policies in an electronic format determined by the Administration.

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Wyoming Enacts Senate File 52

Mar 14, 2025 / by AAIS posted in Compliance, Wyoming

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Wyoming has enacted Senate File 52 which, among other provisions, amends the definition of "insurance transaction" and requires insurers to notify the department of any contact information updates within 30 days of the change. This becomes effective July 1, 2025.

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Michigan Issues Bulletin Regarding PIP Choice and Bodily Injury Coverage Limits Forms

Mar 13, 2025 / by AAIS posted in Compliance, Michigan

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On February 24, 2025, the Michigan Department of Insurance and Financial Services (DIFS) issued Bulletin 2025-07-INS, which supersedes Bulletin 2023-11-INS, to issue a revised version of the Michigan Selection of Personal Injury Protection (PIP) Medical Coverage Form and reissue the Choice of Bodily Injury Liability Form.

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Iowa Adopts IAC 761-641.1 Through .6

Mar 12, 2025 / by AAIS posted in Compliance, Iowa

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Iowa has adopted IAC 761-641.1 through .6 to establish requirements for financial liability coverage cards to provide consistency for cards issued by insurers in the state. The rules stipulate the content that should be included on financial liability coverage cards that are issued to the owner of a fleet of vehicles and on cards issued for motor vehicles that are not insured as part of a fleet. Additionally, the rules state the responsibilities of the insurer, including issuing a card to the named insured for each motor vehicle insured for every new and renewal policy. This becomes effective March 26, 2025.

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Maryland Amends COMAR 31.08.03.04, .05, .07, and .08

Mar 10, 2025 / by AAIS posted in Compliance, Maryland

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Maryland has adopted the proposed amendments to COMAR 31.08.03.04, .05, .07, and .08. Among other revisions, the amendments add that a notice of cancellation or nonrenewal or a reduction of coverage may be sent to an electronic mail address to which the insured consented to receive mail, or posted to an electronic network with a separate notice to the insured directed to the electronic mail address to which they consented to receive such notice. 

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