On November 10, 2022, the Louisiana Department of Insurance (LDI) issued Bulletin 22-07 to provide guidance to all insurers and entities licensed or authorized to do business in the state of Louisiana regarding the Demographic Hiring Survey (Survey).
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Louisiana Provides Guidance for Filing Demographic Hiring Survey
California Issues Mandatory Moratorium on Policy Cancellations and Non-Renewals
Apr 17, 2023 / by AAIS posted in California
On November 28, 2022, the California Department of Insurance (CDI) issued Bulletin 2022-15 regarding a mandatory moratorium on residential property insurance policy cancellations and non-renewals after the declaration of a state of emergency.
Florida Requires Monthly Hurricane Nicole Catastrophe Reporting Through Feb. 2023
On December 2, 2022, the Florida Office of Insurance Regulation (OIR) issued a notice to the industry regarding its data call related to Hurricane Nicole catastrophe claims.
North Carolina Issues Advisory Regarding Moore County Electrical Power Outages
Apr 17, 2023 / by AAIS posted in North Carolina
On December 6, 2022, the North Carolina Department of Insurance (DOI) issued an advisory to insurance companies regarding policyholders affected by the electrical power outages in Moore County.
Colorado Asks Insurers to Extend ALE Coverage for Marshall Fire Survivors
On December 11, 2022, the Colorado Department of Regulatory Agencies, Division of Insurance (DOI), issued an open letter to the homeowners insurance companies with policyholders in the Marshall Fire area. The letter requests insurers to extend additional living expenses (ALE) coverage in homeowners' policies if the policy had a minimum of 12 months of coverage.
Florida Requires Enhanced Hurricane Ian Catastrophe Reporting
On December 22, 2022, the Florida Office of Insurance Regulation (OIR) issued a notice to the industry regarding its data call related to Hurricane Ian catastrophe claims.
Pennsylvania Increases Accident Surcharge for Private Passenger Auto Insurance
Apr 17, 2023 / by AAIS posted in Pennsylvania
On January 7, 2023, the Pennsylvania Insurance Department (PID) issued Notice 2023-01 to inform insurers of the increase in the accident surcharge dollar threshold (cap) to $2100, effective July 1, 2023. The previous adjustment to the threshold (cap) was effective July 1, 2022, when the threshold (cap) increased to $1,900.
Florida Issues Notice for SB 76 Property Claims Litigation Data Call
On January 11, 2023, the Florida Office of Insurance Regulation (OIR) issued a Notice to the Industry regarding the data call for personal and commercial residential property claims litigation reporting.
New Mexico Issues Bulletin Regarding Automatic Rate Escalations
Apr 17, 2023 / by AAIS posted in New Mexico
On November 1, 2022, the New Mexico Office of Superintendent of Insurance (OSI) issued Bulletin 2022-020 regarding automatic property and casualty insurance rate escalations covering risks located in the state of New Mexico.
Insurers' Disaster and Catastrophic Event Contact Info Due to Maryland by April 14th
On January 23, 2023, the Maryland Insurance Administration (MIA) issued Bulletin 23-1 regarding insurers' contact information in the event of a disaster or catastrophic event.