On May 7, 2024, the Alaska Division of Insurance (AKDOI) released Bulletin B 24-07 to admitted insurers writing property and casualty business in the state of Alaska regarding depreciation of labor.
AAIS
Recent Posts
Alaska Issues Bulletin Regarding Depreciation of Labor
May 24, 2024 / by AAIS posted in Compliance, Alaska
Delaware Revises Property and Casualty Insurance Carrier Survey Form
May 23, 2024 / by AAIS posted in Compliance, Delaware
On May 20, 2024, the Delaware Department of Insurance (DEDOI) released Domestic/Foreign Insurers Bulletin No. 84 (Revised) to all insurance companies that market property and casualty insurance in Delaware.
Oregon Reminds Insurers to File Underwriting Guidelines
May 20, 2024 / by AAIS posted in Compliance, Oregon
On May 10, 2024, the Oregon Division of Financial Regulation (DFR) released Bulletin No. DFR 2024-7, reminding all property and casualty insurers of their legal obligation to file underwriting guidelines with the division.
Maine Issues Bulletin Regarding Liquor Liability Insurance Reporting Requirements
May 15, 2024 / by AAIS posted in Compliance, Maine
On April 11, 2024, the Maine Bureau of Insurance (MBI) released Bulletin 472 regarding liquor liability insurance reporting requirements.
Rhode Island Issues Auto Body Labor Rate Survey
May 10, 2024 / by AAIS posted in Compliance, Rhode Island
On May 1, 2024, the Rhode Island Department of Business Regulation (RIDBR) issued Insurance Bulletin 2024-5 providing a list of insurers and insurance groups that must participate in the 2024 Auto Body Labor Rate Survey.
Texas Issues Data Call for Catastrophe Area Premiums
May 9, 2024 / by AAIS posted in Compliance, Data Call, Texas
On May 1, 2024, the Texas Department of Insurance (TDI) issued Commissioner's Bulletin #B-0003-24 to certain companies requesting information for property direct written premium in the Texas catastrophe area from January 1, 2023, to December 31, 2023.
Maryland Releases FAQ Regarding EUIM Coverage Opt-Out Form
May 8, 2024 / by AAIS posted in Compliance, Maryland
The Maryland Insurance Administration (MIA) has received many questions from carriers since their development and issuance of the new mandatory Enhanced Underinsured Motorist (EUIM) coverage opt-out form, required by Maryland House Bill 128 (2023). In response, the department has compiled the 21 most common questions and provided applicable answers.
On April 22, 2024, Tennessee enacted House Bill 2100 regarding consumer protection. Among additional provisions, House Bill 2100 prohibits insurers from refusing to insure or charging a different rate to individuals, solely based on religious beliefs, political opinions, and other factors.
Maine Clarifies Timeline for Adding Towing and Storage Coverage
Apr 24, 2024 / by AAIS posted in Compliance, Maine
On April 17, 2024, the Maine Bureau of Insurance (MEBOI) issued Bulletin 473 in regards to adding coverage for towing and storage to certain policies.
Maryland Requests Accommodations for Those Impacted by Bridge Collapse
Apr 23, 2024 / by AAIS posted in Compliance, Maryland
On April 15, 2024, the Maryland Insurance Administration (MIA) issued Bulletin 24-9 to all carriers, both personal and commercial lines of insurance and all lines of life and health insurance, doing business in the state of Maryland to make reasonable accommodations to all individuals and businesses that were impacted by the reduced operations of the Port of Baltimore following the collapse of the Francis Scott Key Bridge.
