News & Analysis as of

Property Insurance Department of Insurance

Farella Braun + Martel LLP

Regulatory Changes Underway To Address Dwindling California Property Insurance Market

We keep hearing about how difficult it is for our clients to get property insurance these days, both for homes and businesses in Northern California’s wildfire-prone areas. Which, of course, is most of Northern California. ...more

Locke Lord LLP

Connecticut Expands Notice Requirements for Withdrawing From a Line of ‎Business

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Property and casualty insurance companies’ decisions to withdraw from certain lines of business, in jurisdictions such as California and Florida, has garnered a great deal of attention in recent months. The Connecticut...more

Eversheds Sutherland (US) LLP

Colorado Division of Insurance adopts final rule on use of big data and predictive models

The Colorado Division of Insurance (CDI) adopted a new regulation on September 21, 2023 (Final Regulation) establishing requirements governing the use of external consumer data and information sources (ECDIS), as well as...more

Locke Lord LLP

Connecticut Considers Self-Service Storage Insurance Licensing Requirements

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The Connecticut General Assembly has proposed a bill that would permit owners of self-storage businesses to sell property insurance to their tenants. Under Senate Bill 1037 (the “Bill”), an owner is required to obtain a...more

Butler Weihmuller Katz Craig LLP

Addressing The Property Insurance Crisis By Contract Language: New Endorsement Approved By The Florida Department Of Insurance...

On November 16, 2021 American Integrity Insurance Company of Florida filed a request for approval for an endorsement to its Homeowners multi-peril policy. The proposed endorsement addresses what are often discussed as the...more

Locke Lord LLP

Connecticut Insurance Department Releases its National Climate Risk Survey

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On August 16, 2021, The Connecticut Department of Insurance released its National Survey on Climate Risk in the Insurance Industry. The survey’s main objectives are for insurers to report on climate-related risks and to...more

Locke Lord LLP

COVID-19 Weekly Insurance Regulatory Updates To Keep You Informed During The Lockdown (October 26-30, 2020)

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In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on...more

Locke Lord LLP

COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (August 2020 #8)

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In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on...more

Locke Lord LLP

COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (August 2020 #5)

Locke Lord LLP on

In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on...more

Locke Lord LLP

COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (June 2020 #17)

Locke Lord LLP on

In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on...more

Faegre Drinker Biddle & Reath LLP

State Insurance Departments Issue Guidance to Life and P&C Insurers Concerning COVID-19 (Updated)

State insurance departments across the country are continuing to provide guidance in response to the coronavirus outbreak. Faegre Drinker has aggregated a list of current guidance from state departments of insurance...more

Akin Gump Strauss Hauer & Feld LLP

California Insurance Commissioner Orders Premium Returns Due to COVID-19

- California Insurance Commissioner Ricardo Lara issued Bulletin 2020-3 requiring insurers to refund premiums to policyholders of several lines of insurance, including automobile insurance, workers compensation and property...more

Zelle  LLP

TDI Extends Claims-Handling Prompt Payment Deadlines In Response To COVID-19

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Amid the chaos surrounding the COVID-19 outbreak, the Texas Department of Insurance has issued a Commissioner’s Bulletin extending certain claim-handling prompt payment deadlines for property carriers handling claims in...more

Locke Lord LLP

Texas Department of Insurance Announces New Legislative Priorities

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The Texas Department of Insurance (“TDI”) has released its 2018 Biennial Report to the 86th Texas Legislature. Every two years and pursuant to Texas Insurance Code section 32.022, TDI releases a report on insurance areas...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Texas Department of Insurance Releases 2018 Biennial Report to the Legislature

The Texas Department of Insurance released its 2018 Biennial Report to the Legislature with recommendations and policy discussions for the upcoming legislative session. The Department recommends the Legislature: Require...more

Pillsbury - Policyholder Pulse blog

Natural Disaster Necessities: Property Damage, Business Interruption and CBI Coverage

Volcanoes, hurricanes, and polar vortexes—oh, my! From the ongoing eruption of the Kilauea volcano in Hawaii, to huge winter storms, massive mudslides, and the unfortunately reliable hurricane season, it seems like natural...more

Lathrop GPM

California Wildfires - Insurance Recovery Checklist

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The wildfires that erupted across Northern California in the beginning of October have, according to the California Department of Insurance, damaged or destroyed more than 7,000 structures and have ravaged some of...more

Robinson+Cole Property Insurance Coverage...

Texas Department of Insurance Issues Additional Bulletins Relating to Hurricane Harvey

Last week, we wrote a post about a number of bulletins of potential interest to property insurers issued by the Texas Department of Insurance concerning the appropriate conduct of those involved in the insurance claims...more

Carlton Fields

Credit For Reinsurance Laws – 2015 Legislative And Regulatory Developments

Carlton Fields on

During the first half of 2015, state legislatures and state insurance departments continued to revise state credit for reinsurance laws and regulations. The majority of these legislative and regulatory developments are due to...more

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