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Slide Insurance Company Consent Order - Citizens Policies

The Florida Office of Insurance Regulation has issued a Consent Order with Slide Insurance Company regarding its proposal to assume selected personal lines policies from Citizens Property Insurance Corporation. The order outlines conditions for the assumption of up to 30,000 policies, effective in June and August 2026.

Southern Oak Insurance Company Consent Order for Policy Assumption

The Florida Office of Insurance Regulation has issued a consent order approving Southern Oak Insurance Company's proposal to assume up to 50,000 personal lines policies from Citizens Property Insurance Corporation. The order outlines conditions for the policy assumption, including comparable coverage requirements and limitations on premium increases for policyholders.

IVASS Warns of Counterfeit Road Carrier Liability Insurance Policy

The Italian Insurance Supervisory Authority (IVASS) has issued a notice regarding a counterfeit road carrier liability insurance policy. Consumers are advised to exercise caution and verify insurance details with authorized entities to avoid fraudulent offers.

Insurance Authority Circulars and Guidelines Introduction

The Insurance Authority has published an introduction to its circulars and guidelines. These documents are intended to remind industry participants of regulatory requirements and assist in understanding regulatory issues.

Hong Kong Insurance Authority Publishes Numerous Guidelines

The Hong Kong Insurance Authority has published a comprehensive list of updated and new guidelines covering various aspects of insurance business. These include updated guidelines on authorization, anti-money laundering, cybersecurity, corporate governance, and underwriting, with some effective dates ranging from mid-2024 to early 2026.

Insurance Authority Consultation Documents and Draft Rules

The Insurance Authority of Hong Kong has released multiple consultation papers and conclusions on draft rules concerning the insurance industry. These documents cover topics such as risk-based capital regimes, public disclosure, special purpose business, group-wide supervision, and new regulatory regimes for intermediaries. The consultations aim to gather feedback on proposed regulatory changes.

IVASS Orders Blocking of 3 Abusive Insurance Websites

The Italian Insurance Supervisory Authority (IVASS) has ordered the blocking of three abusive websites offering unauthorized insurance services. This action brings the total number of blocked abusive sites to 352 since November 2023, highlighting ongoing efforts to protect consumers from fraudulent insurance activities.

IVASS Warns of Counterfeit ADAC VERSICHERUNG AG Insurance Policies

The Italian Insurance Supervisory Authority (IVASS) has issued a warning regarding counterfeit surety insurance policies falsely attributed to ADAC VERSICHERUNG AG. The agency advises consumers to verify policy legitimacy and check authorized lists on the IVASS website.

IVASS Orders Blocking of 2 Abusive Insurance Websites

The Italian Insurance Supervisory Authority (IVASS) has ordered the blocking of two websites operating abusively in the insurance sector. This action brings the total number of blocked abusive sites to 348 since November 2023.

FWU Life Insurance Liquidation: Claims Processing and ID Requirements

IVASS has announced that the liquidator for FWU Life Insurance Lux S.A. is processing claims, with no automatic confirmation of receipt due to high volume. Creditors are urged to update their identification documents to the electronic ID (CIE) by August 3, 2026, to ensure their claims are processed.

IVASS Orders Blocking of Abusive Insurance Website

The Italian Insurance Supervisory Authority (IVASS) has ordered the blocking of an abusive insurance website, bringing the total to 349 sites blocked since November 2023. IVASS advises consumers to be wary of suspicious contact methods and payment requests.

NAIC Auto Insurance Database Report 2022/2023

The National Association of Insurance Commissioners (NAIC) has released its 2022/2023 Auto Insurance Database Report. The report details national average premiums and incurred losses, noting a 14.42% increase in average premium per vehicle from 2022 to 2023.

McCarran-Ferguson Restoration Act Reaffirms State Insurance Regulation

The National Association of Insurance Commissioners (NAIC) supports the introduction of the McCarran-Ferguson Restoration Act, which would abolish the Federal Insurance Office (FIO) and reaffirm state-based insurance regulation. The act also aims to grant voting status to a state representative on the Financial Stability Oversight Council (FSOC).

NAIC Announces 2026 Committee Leadership for Consumer Protection and Market Stability

The National Association of Insurance Commissioners (NAIC) announced its 2026 committee leadership. The announcement reaffirms the organization's commitment to advancing consumer protections, market stability, and innovation within the insurance landscape through collaborative state-based regulation.

DB Insurance Acquisition of South Bay - Consent Order

The Florida Office of Insurance Regulation has issued a consent order approving the indirect acquisition of South Bay Acceptance Corporation by DB Insurance Co., Ltd. The order outlines conditions for the acquisition and potential corrective actions.

EIOPA Seeks Technical Advice on Taxonomy Regulation Article 8

The European Insurance and Occupational Pensions Authority (EIOPA) has issued a call for technical advice regarding Article 8 of the Taxonomy Regulation. This consultation seeks input to inform the development of technical standards related to environmental disclosures for financial market participants.

Citizens Property Insurance Corporation Rate Filings Final Order

The Florida Office of Insurance Regulation has issued a final order regarding rate filings from Citizens Property Insurance Corporation. This order establishes the rates for personal and commercial property insurance lines, ensuring they meet statutory requirements for actuarial soundness and market function.

Pennsylvania Insurance Department Overview

The Pennsylvania Insurance Department provides an overview of its mission to protect consumers, license insurance professionals and companies, and regulate the insurance marketplace. The page highlights key services and programs, including assistance with health plan denials, surprise medical bills, and mental health parity.

Pennsylvania Insurance Department Filings, Reports, and Orders

The Pennsylvania Insurance Department has posted a webpage detailing various filings, reports, and company orders available to the public. This notice serves as a central point of access for consumers, producers, and companies seeking regulatory information and services.

Pennsylvania Implements Pharmacy Benefit Reform Act

The Pennsylvania Insurance Department has implemented the Pharmacy Benefit Reform Act (Act 77). This act introduces new regulations aimed at reforming pharmacy benefits within the state's insurance market. The specific details of the implementation and its impact on stakeholders are outlined in the department's resources.

Pennsylvania Insurance Department Regulatory Updates and Consumer Protection

The Pennsylvania Insurance Department has updated its website to provide information on consumer protection, licensing, and regulation. The page offers quick links for consumers, producers, and companies, along with details on popular programs and services.

Pennsylvania Insurance Department - No Surprises Act Information

The Pennsylvania Insurance Department provides information regarding the No Surprises Act, offering consumers resources to submit review requests for unexpected medical bills and understand their rights regarding surprise medical billing.

NCCI Loss Costs Accepted with 3.8% Decrease for Workers' Compensation

The Texas Department of Insurance (TDI) has accepted the NCCI advisory loss cost filing, resulting in an average 3.8% decrease for workers' compensation insurance, effective July 1, 2026. Insurance companies writing workers' compensation in Texas must submit rate filings by June 1, 2026, using the new loss costs.

American Integrity Insurance Company Consent Order

The Florida Office of Insurance Regulation has issued a consent order regarding American Integrity Insurance Company's proposal to assume selected commercial lines policies from Citizens Property Insurance Corporation. The order outlines conditions for the assumption, including comparable coverage and premium limitations, with an expected assumption date of May 19, 2026.

EIOPA Guidelines on Resolvability Impediments and Measures

The European Insurance and Occupational Pensions Authority (EIOPA) has published final guidelines detailing alternative measures for resolution authorities to address impediments to the resolvability of insurance and reinsurance undertakings. These guidelines specify further details on measures listed in the IRRD and the circumstances for their application.

EIOPA Final Report on Draft Recovery Plan Standards for Insurers

EIOPA has published its final report on draft Regulatory Technical Standards (RTS) for pre-emptive recovery plans for insurers. The standards specify minimum elements for recovery plans, aiming to ensure insurers can restore their financial position during significant deterioration. The publication date was February 16, 2026.

EIOPA Guidelines on Assessing Undertaking Resolvability

The European Insurance and Occupational Pensions Authority (EIOPA) has published final guidelines specifying criteria for assessing the resolvability of insurance undertakings and groups. These guidelines focus on the feasibility and credibility of resolution strategies as outlined in the Insurance Recovery and Resolution Directive (IRRD).

Final Report on Regulatory Technical Standards for Resolution Plans

EIOPA has published its final report on draft Regulatory Technical Standards (RTS) concerning the content of resolution plans and group resolution plans. The standards aim to enhance operational preparedness for resolution by detailing required elements and resolution strategies.

EIOPA Assesses EFRAG's Advice on Amended Sustainability Reporting Standards

EIOPA has published an opinion assessing the European Financial Reporting Advisory Group's (EFRAG) technical advice on amended European Sustainability Reporting Standards (ESRS). The opinion focuses on impacts to the (re)insurance and occupational pensions sectors, assessing data availability, consistency with EU legislation like Solvency II, and interoperability with international standards.

EIOPA Guidelines on Identifying Critical Insurance Functions

EIOPA has published final guidelines on identifying critical insurance functions, which if disrupted, could severely impact policyholders and financial stability. These guidelines are required under the IRRD and will inform resolution authorities in drafting resolution plans for identified insurers.

EIOPA Publishes IRRD Guidelines and Draft Technical Standards

The European Insurance and Occupational Pensions Authority (EIOPA) has published six new guidelines and draft technical standards for the Insurance Recovery and Resolution Directive (IRRD). These instruments provide practical implementation details for recovery and resolution frameworks for insurance undertakings, aiming to minimize the impact of failures on policyholders and financial stability.

EIOPA Revised Guidelines on Supervisory Review Process

The European Insurance and Occupational Pensions Authority (EIOPA) has published revised Guidelines on the Supervisory Review Process, incorporating updated regulatory developments and new supervisory best practices. These revised guidelines will become applicable on January 30, 2027.

EIOPA Updates Solvency II Guidelines on Supervisory Review and Risk Exposures

The European Insurance and Occupational Pensions Authority (EIOPA) has updated its Solvency II Guidelines concerning the supervisory review process and market/counterparty risk exposures. The revisions aim to align with Solvency II review outcomes, incorporate emerging risks like cyber and sustainability, and streamline existing rules.

EIOPA Consults on Revised Solvency II Group Solvency Guidelines

The European Insurance and Occupational Pensions Authority (EIOPA) has launched consultations on revised Guidelines for group solvency calculations and supervisory reporting under Solvency II. The revisions aim to align with the amended Solvency II framework and simplify existing guidelines, proposing significant reductions in the number of individual guidelines.

EIOPA Updates Solvency II Volatility Adjustment Reference Portfolios

The European Insurance and Occupational Pensions Authority (EIOPA) has published updated reference portfolios for calculating the volatility adjustment to risk-free interest rates under Solvency II. These updated portfolios will be used for the VA calculation from the end of March 2026.

EIOPA Consults on EU Insurance Recovery and Resolution Framework

EIOPA has launched seven consultations on draft guidelines and technical standards for the implementation of the EU's Insurance Recovery and Resolution Directive (IRRD). These consultations cover pre-emptive recovery plans, simplified obligations, and the independence of valuers, with the IRRD set to become operational in January 2027.

EIOPA Consultation on Private Equity Firm Supervision Statement

EIOPA has launched a public consultation on a draft supervisory statement concerning the authorisation and ongoing supervision of insurance and reinsurance undertakings owned by private equity firms. The consultation seeks feedback on proposed supervisory expectations to address risks associated with these acquisitions and ensure consistent supervision across the EU.

EIOPA Seeks Input on Solvency II NatCat Insurance Adaptation Measures

The European Insurance and Occupational Pensions Authority (EIOPA) has launched a public consultation on the prudential treatment of adaptation measures for natural catastrophe insurance under Solvency II. The consultation seeks feedback on potential adjustments to the standard formula to better reflect these measures and aims to reduce the insurance protection gap.

OPSG Paper on Typology of Multi-Pillar Pension Systems in Europe

The European Insurance and Occupational Pensions Authority (EIOPA) has published a paper detailing the typology of multi-pillar pension systems across Europe. This guidance aims to provide a framework for understanding the diverse pension landscape within the EU.

EIOPA DC Pensions Toolkit Development - OPSG Input

The Occupational Pensions Stakeholder Group (OPSG) has submitted its response to the European Insurance and Occupational Pensions Authority's (EIOPA) call for evidence regarding the development of a DC pensions toolkit. This input is intended to inform EIOPA's ongoing work in this area.

EU and UK Authorities MoU on DORA ICT Provider Oversight

The European Supervisory Authorities (ESAs) and the Bank of England, PRA, and FCA have signed a Memorandum of Understanding to enhance cooperation on overseeing critical ICT third-party service providers under DORA. This agreement facilitates joint oversight and equivalence assessments between EU and UK authorities.

EIOPA delegates DORA Q&A adoption to Chairperson

EIOPA, in cooperation with EBA and ESMA, has adopted a decision to delegate the adoption of answers to straightforward DORA questions to the EIOPA Chairperson. This aims to simplify procedures and optimize resource utilization.

Connecticut Insurance Department Updates Reserving Manual

The Connecticut Insurance Department has issued Bulletin FS-45 to announce the effective date of January 1, 2023, for changes made to the Principle-Based Reserving Valuation Manual. These changes were adopted by the NAIC and represent a significant update to reserving requirements for life, accident, and health insurance companies operating in Connecticut.

Connecticut Insurance Department: Annual and Quarterly Financial Reporting

The Connecticut Insurance Department has issued a bulletin requiring all authorized insurance companies, domestic surplus lines insurers, fraternal benefit societies, and health care centers to file their 2022 annual statements and 2023 quarterly financial reports by March 31, 2023. These filings must adhere to NAIC standards and be submitted electronically.

Connecticut Reinsurer Financial Filing Requirements

The Connecticut Insurance Department issued Bulletin FS-4AR-22 detailing the 2022-2023 financial filing requirements for accredited reinsurers. Key deadlines include March 1, 2023, for annual statements and April 1, 2023, for actuarial opinions.

Connecticut Health Insurance Filing Requirements Deadline

The Connecticut Insurance Department issued Bulletin HC-90-23, setting a June 1, 2023 deadline for all health insurance carriers to submit form filings for individual and small employer group health insurance policies subject to the Affordable Care Act. These filings are for plan years beginning January 1, 2024.

Health Insurance Rate Filing Submission Guidelines Bulletin

The Connecticut Insurance Department has issued Bulletin HC-81-23, providing updated guidelines for health insurance rate filing submissions. The bulletin outlines specific data and documentation requirements for insurers seeking to adjust rates, referencing federal regulations and state statutes.

Massachusetts Bulletin on Aerial Imaging for Underwriting

The Massachusetts Division of Insurance issued a bulletin clarifying guidelines for insurers using aerial imaging in underwriting. The bulletin addresses concerns about policy non-renewals, cancellations, or declinations based solely on aerial imagery, emphasizing the need for accuracy and appropriate use of such technology.

Massachusetts Bulletin: Vaccine Coverage Without Cost-Sharing

The Massachusetts Division of Insurance and Department of Public Health issued Bulletin 2025-03 to clarify expectations for health insurers regarding vaccine coverage. Carriers are expected to cover all vaccines and their administration costs without cost-sharing or utilization management for individuals covered by Massachusetts-issued insured health plans.

Massachusetts PBM Licensure Requirements for 2026

The Massachusetts Division of Insurance has issued Bulletin 2025-04 outlining the requirements for Pharmacy Benefit Managers (PBMs) to obtain licensure by January 1, 2026. This bulletin implements Chapter 342 of the Acts of 2024, which mandates PBM licensure and oversight by the Division.