Compliance Alerts

    District of Columbia

    District of Columbia Clarifies Unfair Trade Practices Regulations for Homeowners Insurance

    Jun 13, 2024 / by AAIS posted in Compliance, District of Columbia

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    On May 31, 2024, the District of Columbia Department of Insurance, Securities, and Banking (DISB) issued Bulletin 24-IB-003-05/31 to all property and casualty insurance companies licensed to do business in the District of Columbia to remind them of their obligations under the Unfair Trade Practices Regulations.

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    District of Columbia Enacts Emergency Act Related to Prior Approval Rate Filings

    May 8, 2023 / by AAIS posted in District of Columbia

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    On March 24, 2023, the District of Columbia enacted the "Motor Vehicle and Homeowner Insurance Prior Approval Rate Filing Emergency Amendment Act of 2023" (D.C. Act 25-58). The bill amends existing regulations for motor vehicle and homeowner insurance rate filings and will impact property and casualty insurers in the following ways:

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