Compliance Alerts

    Compliance (9)

    Florida Enacts Rule 69O-137.009

    Jan 22, 2025 / by AAIS posted in Compliance, Florida

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    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.

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    Maryland Issues Bulletin Requesting Disaster or Catastrophic Event Contact Information

    Jan 21, 2025 / by AAIS posted in Compliance, Maryland

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    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.

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    Washington State Issues Survey Regarding Premium Transparency Rule

    Jan 17, 2025 / by AAIS posted in Compliance, Washington

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    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.

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    California Issues Moratorium Following the Palisades and Eaton Fires

    Jan 16, 2025 / by AAIS posted in Compliance, California

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    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.

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    Pennsylvania Increases Accident Surcharge for Private Passenger Auto Insurance

    Jan 15, 2025 / by AAIS posted in Compliance, Pennsylvania

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    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).

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    New Jersey Issues Order Regarding Underwriting Guidelines for Certain Lines

    Jan 14, 2025 / by AAIS posted in Compliance, New Jersey

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    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.

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    Connecticut Issues Bulletin Regarding Financial Statement Filings

    Jan 8, 2025 / by AAIS posted in Compliance, Connecticut

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    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.

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    Vermont Issues Flood and Rain Events Claims Data Call

    Dec 20, 2024 / by AAIS posted in Compliance, Data Call, Vermont

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    On December 18, 2024, the Vermont Department of Financial Regulation (DFR) released Insurance Bulletin No. 233 to issue a data call following severe flooding that impacted several communities.

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    Colorado Issues Bulletin Regarding Payment of Registration Fees for Total Loss Vehicles

    Dec 19, 2024 / by AAIS posted in Compliance, Colorado

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    On December 10, 2024, the Colorado Division of Insurance issued Bulletin No. B-5.51 to provide clarification regarding an insurer's payment of registration fees following the total loss of a motor vehicle.

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    Texas Amended 28 TAC § Rule 5.9327

    Dec 6, 2024 / by AAIS posted in Compliance, Texas

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    Texas amended28 TAC § Rule 5.9327 to add specific filing requirements for personal automobile and residential property insurance forms.

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