Compliance (9)

On August 2, 2024, the Mississippi Insurance Department (MID) issued Bulletin 2024-4 to property and casualty insurers that write homeowners or dwelling coverage in the six coastal counties regarding the adoption of the FORTIFIED standard under the Comprehensive Hurricane Damage Mitigation Program.

On October 4, 2024, the California Department of Insurance (CDI) issued Bulletin 2024-11 to put in place a mandatory moratorium after a state of emergency was declared following the Boyles Fire.

On October 2, 2024, the New Mexico Office of Superintendent of Insurance (NMOSI) issued Updated Bulletin 2024-009 to all insurers that have issued automobile policies in the state, following the Salt and South Fork fires.

Florida has enacted Emergency Rule 69OER24-2 and amended Rule 69O-170.0135. Please see below for a summary of each.

On September 30, 2024, the North Carolina Department of Insurance (NCDOI) issued Bulletin Number 24-B-13 following Tropical Storm Helene, informing insurers of the order that activated the state of disaster automatic stay of proof of loss requirements, and premium and debt deferrals for policyholders in the affected counties listed in the bulletin.

On October 2, 2024, the South Carolina Department of Insurance (SCDOI) issued a Notice of Catastrophe Claims Data Call following Tropical Storm Helene, requiring insurers that write private and/or excess flood insurance coverage to respond.

The Georgia Office of Commissioner of Insurance and Safety Fire (OCI) has issued Directive 24-EX-5 and Directive 24-EX-6 to all insurers in the state following Hurricane Helene.

On October 1, 2024, the South Carolina Department of Insurance (SCDOI) issued Bulletin Number 2024-12 advising insurers in the state that the department expects them to provide relief to those directly impacted by Tropical Storm Helene.

On September 30, 2024, the Florida Office of Insurance Regulation (FLOIR) issued Emergency Order 400385-24 following Hurricane Helene, outlining the steps that insurers must take to help policyholders in the affected counties. 

Colorado has enacted 1 CCR 204-10, Rule 7, which, among other provisions, establishes motor vehicle reporting requirements for insurers that issue insurance policies under Part 6, Article 4 of Title 10. Insurers with any policies in place for the preceding six months must provide policy information every week for the immediately preceding week. The information must be reported no later than seven working days after the last date of the week reported on. This rule is effective on September 30, 2024.