State Regulators Announcing Changes to Insurance Law Requirements In Response to COVID-19

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Akin Gump Strauss Hauer & Feld LLP

Like each of us, insurance regulators throughout the United States are dealing with the COVID-19 pandemic. Like the broader insurance industry, insurtech companies are striving to ensure continued operations, and insurance regulators are providing guidance to ensure adherence to insurance agreements.

Every day insurance regulators are announcing modifications to insurance law requirements, including those for cancellations for non-payment of premium and claims procedures. State legislatures are now getting into the act as well. To help keep you up to date, we have provided a list of actions taken by state Department of Insurances (DOIs) through today and we will try to keep this updated on a regular basis.

To view the tracker of states (as of March 25, 2020), click here.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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