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Amendment of Hurricane Helene Emergency Order & Hurricane Milton Emergency Order

October 2024

The Florida Office of Insurance Regulation (OIR) has amended Emergency Order (EO) 400385-24 to protect policyholders impacted by Hurricane Helene and has issued emergency Order (EO) 400386-24 to protect policyholders impacted by Hurricane Milton.

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How Outsourcing is Transforming the Insurance Industry

October 2024

The insurance industry has always relied on outsourcing, but its role is evolving rapidly.

Traditionally, outsourcing was limited to functions like claims processing or customer service. Today, insurers are turning to outsourced partners for specialized roles, such as compliance, state filings, and actuarial work.

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Navigating Staffing Challenges in the Insurance Industry for 2025

October 2024

The insurance industry is facing a critical talent shortage as experienced professionals retire and fewer younger workers enter the space. This issue has been exacerbated by the COVID-19 pandemic, which accelerated retirements and led many seasoned professionals to seek remote opportunities or new careers altogether.

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Three Departments of Insurance Activate Emergency Orders Due to Tropical Storm Helene

October 2024

Departments of Insurance in Georgia, North Carolina, and South Carolina have issues emergency orders related to Tropical Storm Helene.

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Oklahoma DOI: Market Survey Attestation Due in December

August 2024

The Oklahoma Department of Insurance has issued Bulletin No. 2024-07 to advise admitted and non-admitted automobile insurers to file a “Market Survey Attestation” confirming their awareness of and compliance with OK ADC 365:15-1-26.

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California Mandatory Moratorium on Cancellations and Non-Renewals of Residential Property Insurance Policies

August 2024
The California Department of Insurance (“CDI”) has issued Bulletin 2024-6, regarding a moratorium on cancellations and non-renewals (“CNR”) of policies of residential property insurance after the declaration of two states of emergency. The bulletin has multiple effective dates. Read More
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South Carolina Provides Guidance on Service Contract Renewal

August 2024
The South Carolina Department of Insurance (Department) has issued Bulletin 2024-06, which summarizes changes made during the 2024 legislative session pertaining to service contracts. The bulletin was issued and effective July 31, 2024. Read More
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Texas Calendar year 2023 Disallowed Expenses Data Call – Due by August 30, 2024

August 2024
This data call applies to licensed casualty, fire, fire and casualty, county mutual (except industrial fire county mutual), Lloyds, and reciprocal companies that wrote premium in 2023 for any of the following lines of insurance in Texas: fire, allied lines, private crop, farm owners multiple peril, homeowners multiple peril, commercial multiple peril, inland marine, medical malpractice, general liability, products liability, private passenger automobile, commercial automobile, fidelity, or surety. Read More
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Florida OIR Issues Notice of Hurricane Debby Catastrophe Claims Data Call

August 2024
The Florida Office of Insurance Regulation (OIR) is providing notice to insurers to file catastrophe claims data for Hurricane Debby on August 8 and August 9. Data must be submitted by 12 p.m. ET for each reporting deadline. Insurers are to report using the 2024 Simplified Catastrophe Reporting Form (CRF). The fillable 2024 CRF template must be downloaded from within the Insurance Regulation Filing System (IRFS). Read More
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Utah Motorboat Reporting Requirement in HB 184

August 2024
On August 1, 2024, the Utah Department of Insurance issued Bulletin 2024-9 concerning the new Reporting Requirements for Motorboat Insurance Policies imposed by Utah House Bill 184 enacted during the 2024 legislative session, effective January 1, 2025. Read More
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