New Jersey has adopted Rule 11:1-48.
Compliance (3)
Alaska Withdraws Bulletin Regarding Depreciation of Labor
Jan 28, 2025 / by AAIS posted in Compliance, Alaska
On January 23, 2025, the Alaska Division of Insurance (AKDOI) released Bulletin B 25-03 to withdraw Bulletin B 24-07 Depreciation of Labor that was released on May 7, 2024.
North Carolina Rate Bureau Sends Schedule for 2025 Data Calls
Jan 27, 2025 / by AAIS posted in Compliance, Data Call, North Carolina
On January 24, 2025, the North Carolina Rate Bureau (NCRB) released Circular G-25-1, providing a schedule of data calls for 2025 with the due date and who is required to report for each one.
Florida has enacted Rule 69O-137.009. The rule applies to all commercial and residential property policies as defined and requires each insurer doing business in the state to file a monthly supplemental report. Additionally, a separate report should be prepared for each ZIP code in which business was written. The rule provides the form that is to be submitted monthly, and where to find it on the Department's website.
Maryland Issues Bulletin Requesting Disaster or Catastrophic Event Contact Information
Jan 21, 2025 / by AAIS posted in Compliance, Maryland
On January 14, 2025, the Maryland Insurance Administration (MIA) issued Bulletin 25-3 to all insurers directing them to submit contact information in the event of a disaster or catastrophic event.
Washington State Issues Survey Regarding Premium Transparency Rule
Jan 17, 2025 / by AAIS posted in Compliance, Washington
On January 9, 2025, the Washington State Office of the Insurance Commissioner (OIC) issued a cover letter and a survey regarding the R 2024-07 Premium Transparency Rule.
California Issues Moratorium Following the Palisades and Eaton Fires
Jan 16, 2025 / by AAIS posted in Compliance, California
On January 9, 2025, the California Department of Insurance (CDI) released Bulletin 2025-1 to all admitted and non-admitted insurers in the state to issue a mandatory moratorium on the cancellation and nonrenewal of residential property insurance following the emergency declarations due to wildfires in certain counties.
Pennsylvania Increases Accident Surcharge for Private Passenger Auto Insurance
Jan 15, 2025 / by AAIS posted in Compliance, Pennsylvania
On January 4, 2025, the Pennsylvania Insurance Department (PID) issued Notice 2025-01 regarding private passenger automobile insurance and an increase to the accident surcharge dollar threshold (cap).
New Jersey Issues Order Regarding Underwriting Guidelines for Certain Lines
Jan 14, 2025 / by AAIS posted in Compliance, New Jersey
On December 30, 2024, the New Jersey Department of Banking and Insurance (DOBI) issued Order No. A24-09 regarding the submission of underwriting guidelines for homeowners and private passenger automobile policies.
Connecticut Issues Bulletin Regarding Financial Statement Filings
Jan 8, 2025 / by AAIS posted in Compliance, Connecticut
On December 17, 2024, the Connecticut Insurance Department (CID) issued Bulletin Number FS-4-24 to all insurers regarding the 2025 electronic financial statement filing requirements.
