APRIL 7, 2020 UPDATE: Survey of State Insurance Department COVID-19 Regulatory Actions
As questions loom regarding stay at home orders and qualifications for essential services, insurance regulators continue to proactively address insurance concerns in all lines of business. Particular interest in the current update includes further expansion of telehealth (including veterinarians)…
NAIC/Texas Department of Insurance COVID-19 Information Request Template
April 7, 2020
by Burnie Burner
The National Association of Insurance Commissioners (NAIC), with industry input, developed a survey for gathering information related to the impact of COVID-19 on insurers and how insurers are responding to this unprecedented public health emergency. The NAIC Survey template is available here. The…
Navigating COVID-19: Medicare Advantage and Part D Prescription Drug Plans
As the COVID-19 pandemic has emerged over the past month, state insurance departments have issued directives in reaction to the crisis, requiring such actions as a temporary moratorium on cancellations and coverage for telehealth in a variety of circumstances. But one major market segment of health…
Auto Insurers Asked to Waive Commercial Use Exclusion during COVID-19 Shutdown
In this time of shutdown orders and social distancing, businesses have been forced to rapidly adapt. The service industry, and especially restaurants, have quickly pivoted to providing delivery services with wait staff and other employees using their personal vehicles to make delivery runs. Other…
APRIL 3, 2020 UPDATE: Survey of State Insurance Department COVID-19 Regulatory Actions
State Departments of Insurance continue to respond to the COVID-19 crisis with some states now temporarily prohibiting the cancellation or nonrenewal of policies. Other trends include authorizing remote notarization of documents, suspending or modifying agent/producer licensing requirements, and a…