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.
Compliance (10)
New Jersey Reminds Private Passenger Automobile Insurers of Policy Limit Disclosures
May 30, 2024 / by AAIS posted in Compliance, New Jersey
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.
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.
