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16 Apr 2020, 7:33 am by skelly
On April 15, 2020, the Texas Department of Insurance (TDI) issued a bulletin encouraging insurers to conduct midterm premium audits of commercial policies where premiums may need to be adjusted as a result of reduced business operations due to the impact of the COVID-19 pandemic. [read post]
15 Apr 2020, 6:00 am by Robert Kraft
“Consumers who had higher out-of-pocket costs due to the errors will get refunds,” Texas Insurance Commissioner Kent Sullivan said in a statement Friday. [read post]
14 Apr 2020, 3:53 pm by tvasil
Health Insurance Puerto Rico:  On April 8th, the Office of the Commissioner of Insurance (“OCI”) issued Ruling Letter No. [read post]
14 Apr 2020, 11:39 am by Janene Marasciullo
  Indeed, the National Association of Insurance Commissioners, (“NAIC”), which is comprised of the insurance regulators of the 50 states and the District of Columbia, has urged Congress not to take action that would require insurers to cover COVID-19 business interruption claims where the policy excludes coverage for communicable diseases. [read post]
13 Apr 2020, 4:59 pm by tvasil
Montana:  On April 9th, the Commissioner of Securities and Insurance issued an Informational Bulletin requiring insurers who have issued or are considering issuing refunds or proposed refunds, discounts or credits to file rate adjustments. [read post]
9 Apr 2020, 9:05 pm by Joshua Burd
Notable changes to current policy include establishing a 120-day limit on application review and allowing a majority vote of commissioners to trigger review of any current FCC license. [read post]
9 Apr 2020, 5:55 pm by tvasil
Texas:  On April 9th, The Texas Department of Insurance (DOI) issued Order No. 2020-6312 changing the effective date of rate changes for new business and renewals of homeowners, dwelling, condominium, and renters policies under the Texas Fair Access to Insurance Requirements Plan Association (FAIR Plan). [read post]
7 Apr 2020, 3:00 am by Kevin Kaufman
Meanwhile, the coronavirus crisis will dramatically expend the use of public benefits and social insurance programs, from unemployment benefits to SNAP benefits and other assistance funded wholly or in part by states. [read post]
3 Apr 2020, 4:34 pm by tvasil
Texas: On March 30th, Commissioner of Workers’ Compensation Cassie Brown issued guidance to Texas Workers’ Compensation System participants suspending Texas Government Code Sections 607.002(1) and (2). [read post]
2 Apr 2020, 11:28 am by tvasil
Texas:  On April 1, Texas released Commissioner’s Bulletin # B-0017-20, which is directed to all insurers offering exclusive provider networks and all health maintenance organizations. [read post]
31 Mar 2020, 8:45 pm by tvasil
Georgia:  On March 31st, Insurance Commissioner John King issued Bulletin 20-EX-6 to all licensed insurance agents in the state, waiving in-person continuing education requirements through May 31st, 2020. [read post]
27 Mar 2020, 8:27 am by skelly
Texas: On March 25th, The Texas Department of Insurance issued Commissioner’s Bulletin B-0009-20, notifying insurers how to submit financial filings to the Texas Department of Insurance during the COVID-19 emergency. [read post]
25 Mar 2020, 7:51 am by skelly
Texas: Based on orders issued by Texas Governor Greg Abbott in response to COVID-19, the Texas Department of Insurance has announced that certain licensing requirements and fees have been suspended for Texas-licensed insurance agents, adjusters, title agents, escrow officers, life settlement brokers, and life settlement providers. [read post]
24 Mar 2020, 12:29 pm by skelly
Texas: The Texas Department of Insurance issued Commissioner’s Bulletin # B-0007-20, notifying insurers that certain claims handling deadlines have been extended and encouraging carriers to work with policyholders who may experience financial hardships due to the COVID-19 crisis. [read post]
23 Mar 2020, 12:41 pm by skelly
  The extension will assist carriers in responding to the Coronavirus pandemic and results from the combined operation of actions taken by Texas Governor Greg Abbott and Texas Insurance Commissioner Kent Sullivan. [read post]
11 Mar 2020, 2:07 pm by Cynthia Marcotte Stamer
  Notable for its involvement in heath care and related insurance matters, the National Association of Insurance Commissioners (“NAIC”)is one of a growing number of event sponsors that are allowing workers to work from home, are cancelling or banning participation in   live meetings and other events and/or are converting from live to virtual formats in response to the outbreak. [read post]
25 Feb 2020, 9:05 pm by Simone Hussussian
In the state of Washington, the Office of the Insurance Commissioner fined Trinity HealthShare $150,000 after finding that it did not meet the state’s legal definition of a health care sharing ministry. [read post]
21 Feb 2020, 3:00 am by Jim Sedor
National/Federal Bloomberg Would Sell Business Interests If Elected President AP News – Kathleen Ronayne | Published: 2/19/2020 Michael Bloomberg would sell the financial data and media company he created if he is elected president, adviser Tim O’Brien said. [read post]