New York's Department of Financial Services (DFS) has issued an Annual Availability Survey, which includes Free Trade Zone Reporting and Special Homeowners Insurance Supplement, to all licensed property and casualty insurers.
Compliance (13)
New York Issues Annual Availability Survey
Dec 4, 2023 / by AAIS posted in Compliance, Data Call, New York
Texas Issues Data Call for Annual Experience
Nov 15, 2023 / by AAIS posted in Compliance, Data Call, Texas
On November 9, 2023, the Texas Department of Insurance (TDI) issued Commissioner's Bulletin #B-0014-23 requiring certain insurers to provide data for the reporting period of January 1, 2023 to December 31, 2023.
Missouri Enacts Rule 20 CSR 500-1.100
Nov 14, 2023 / by AAIS posted in Compliance, Missouri
Missouri has recently enacted Rule 20 CSR 500-1.100 which, among other things, concerns cancellation, nonrenewal, reduction amount or adverse modification notices issued on or after July 1, 2024. These notices must contain the following:
Florida Issues Hurricane Idalia Data Call
Nov 8, 2023 / by AAIS posted in Compliance, Data Call, Florida
On November 6, 2023, the Florida Office of Insurance Regulation (FLOIR) issued a data call notice for catastrophe reporting in response to Hurricane Idalia. The FLOIR is requiring enhanced data call reporting for November 2023. The deadline to submit the data call is Thursday, November 16, 2023.
New York Issues Public Auto Classification Data Call
Nov 7, 2023 / by AAIS posted in Compliance, Data Call, New York
On October 30, 2023, New York's Department of Financial Services (DFS) released a letter pursuant to Section 308 of the Insurance Law requiring companies reporting written premium for commercial automobile insurance to complete a survey. This survey requests detailed information on the total number of policies and direct premiums written, by category, for all public auto rate classifications during the time period of January 2022 through September 30, 2023. Any rate revisions that are being contemplated, or changes in your current level of writings in the immediate future, should also be included.
Vermont Issues Data Call in Response to Summer Rain and Flooding
Oct 27, 2023 / by AAIS posted in Compliance, Data Call, Vermont
On October 18, 2023, the Vermont Department of Financial Regulation (DFR) released Insurance Bulletin No. 227 in response to severe flooding and rain that occurred in July 2023. DFR has issued a data call to property and casualty insurers, including surplus lines or non-admitted insurers, for claims arising from these events with a date of loss between July 7, 2023 and September 1, 2023. The claims data, however, should not be limited to this time period or the counties identified in FEMA's disaster notices.
Hawaii Issues Hurricane Insurance Data Call
Oct 18, 2023 / by AAIS posted in Compliance, Data Call, Hawaii
On September 29, 2023, Hawaii issued Commissioner's Memorandum 2023-6R requiring all insurers who currently write, or have wrote residential hurricane coverage in the last 15 years, to complete the data call worksheet.
Florida Continues Data Call Reporting Following Hurricane Idalia
Oct 3, 2023 / by AAIS posted in Compliance, Data Call, Florida
On October 2, 2023, the Florida Office of Insurance Regulation (FLOIR) issued a data call notice continuing catastrophe reporting in response to Hurricane Idalia. FLOIR is continuing the data call reporting and is now requiring weekly reporting. The dates in which the reporting is due are:
Florida Issues Data Call Following Hurricane Ian
Sep 21, 2023 / by AAIS posted in Compliance, Data Call, Florida
On September 20, 2023, the Florida Office of Insurance Regulation (FLOIR) issued a data call notice requiring enhanced catastrophe reporting for September 2023 in response to Hurricane Ian.
Hawaii Commissioner Releases a Request to Insurers Regarding Affected Policyholders
Sep 20, 2023 / by AAIS posted in Compliance, Hawaii
On September 14, 2023, the Hawaii Insurance Commissioner issued Commissioner's Memorandum 2023-5A regarding policyholders that were affected by the August 8, 2023, wildfires on Maui Island. The Commissioner recognizes that Additional Living Expenses (ALE) is often available for up to 12 months after the event, but is encouraging all insurers that provide residential property insurance in the state of Hawaii to extend that time period and provide at least 36 months of ALE.