On May 29, 2024, the Maryland Insurance Administration (MIA) issued Bulletin 24-14 regarding form filing requirements related to the passage of Maryland House Bill 1482.
Maryland Issues Bulletin Regarding House Bill 1482 to Address Form Filing Requirements
Jun 5, 2024 / by AAIS posted in Compliance, Maryland
New Jersey Increases Minimum Limits of Liability Insurance for Certain Commercial Vehicles
Jun 4, 2024 / by AAIS posted in Compliance, New Jersey
On May 24, 2024, the New Jersey Department of Banking and Insurance (NJDOBI) issued Bulletin No. 24-07 regarding the new minimum limits of liability insurance for certain commercial motor vehicles and/or autocabs.
Mississippi Enacts Senate Bill 2130
May 31, 2024 / by AAIS posted in Compliance, Mississippi
On May 13, 2024, Mississippi enacted Senate Bill 2130. This bill establishes that a homeowners' insurer who has issued a policy or binder on a residential structure shall not cancel the policy or binder, or deny coverage, based solely on the age of the structure's roof.
New Jersey Reminds Private Passenger Automobile Insurers of Policy Limit Disclosures
May 30, 2024 / by AAIS posted in Compliance, New Jersey
On May 21, 2024, the New Jersey Department of Banking and Insurance (NJDOBI) released Bulletin No. 24-06 to all New Jersey auto insurers issuing private passenger automobile policies. The bulletin reminds these insurers of their requirement to disclose policy limits upon request by an attorney under certain circumstances, within 30 days.
Arkansas Issues Moratorium Against Cancellation and Non-Renewal
May 29, 2024 / by AAIS posted in Compliance, Arkansas
On May 28, 2024, the Arkansas Insurance Department (ARID) issued Bulletin No. 7-2024 following severe weather that occurred in northwest and north central Arkansas. The weather occurred between May 24, 2024, and May 26, 2024, and resulted in a state of emergency being declared on May 26.
Texas Issues HelpInsure.com Price Comparisons Data Call
May 24, 2024 / by AAIS posted in Compliance, Data Call, Texas
On May 21, 2024, the Texas Department of Insurance (TDI) issued Commissioner's Bulletin #B-0005-24 to insurers writing personal automobile and residential property policies in Texas. TDI is issuing the data call to gather information for the HelpInsure.com website.
Alaska Issues Bulletin Regarding Depreciation of Labor
May 24, 2024 / by AAIS posted in Compliance, Alaska
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.
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.
