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14 changes Notice, Insurance Compliance, last 7 days
Warning: KLPP Counterfeit Insurance Policy
IVASS issued a warning regarding a counterfeit draft insurance bond (fideiussoria) bearing the name of KLPP Insurance & Reinsurance Company Ltd, a Cyprus-based insurer that has disavowed the document. KLPP is a legitimate insurer supervised by Cyprus authorities and authorized to operate in Italy under freedom of services in various damage classes including surety bonds (ramo 15 - Cauzione). IVASS recommends that consumers verify the legitimacy of insurance offers and intermediaries through its website before paying premiums.
Commissioner Schmidt Offers Severe Weather Insurance Claim Assistance to Six Kansas Counties
Kansas Insurance Commissioner Vicki Schmidt is offering assistance to residents, businesses, and insurance agents affected by severe weather in Chase, Franklin, Linn, Lyon, Miami, and Osage Counties. The Department of Insurance urges anyone with insurance claim issues stemming from the storm to contact its Consumer Assistance Division for help.
IBHS Wildfire Prepared Home Program Expands to Washington
The Insurance Institute for Business and Home Safety (IBHS) expanded its Wildfire Prepared Home designation program to Washington and nine other states. The voluntary program offers homeowners in high-risk wildfire areas science-based mitigation steps to reduce ignition risk from wind-driven embers. Two designation levels are available: Wildfire Prepared Home and Wildfire Prepared Home Plus, along with a Wildfire Prepared Neighborhood option for builders and communities.
Federal Assistance Available for Washingtonians Impacted by December 2025 Floods
FEMA announced federal disaster assistance is available for Washington residents impacted by December 2025 flooding. Aid is accessible to individuals in Chelan, Grays Harbor, King, Lewis, Pacific, Pierce, Skagit, Snohomish, Thurston, and Whatcom counties, plus tribal communities. Assistance includes temporary housing, home repairs, and low-cost loans for uninsured property losses.
Commissioner Causey Reschedules Dwelling Rate Hearing to July 6
Insurance Commissioner Mike Causey has rescheduled the dwelling insurance rate hearing from May 4 to July 6, 2026. The N.C. Rate Bureau had filed a proposed statewide average 68.3% dwelling insurance rate increase on October 30, 2025, with a year one increase of 28.5% effective July 1, 2026, and a year two increase of 30.9% effective July 1, 2027. The Department and Rate Bureau indicate progress toward a settlement, necessitating additional time to finalize terms.
Oregon PDAB Community Forums on Prescription Drug Costs
The Oregon Prescription Drug Affordability Board is hosting community forums in April and May 2026 to gather public input on prescription drug costs and their impact on Oregonians. Forums will be held both online and in-person across Oregon cities. The board will review eight medications including Jardiance, Ozempic, Keytruda, and others for affordability challenges.
Commissioner TK Keen Appointed to NAIC Committees for 2026
Oregon Insurance Commissioner TK Keen has been appointed to several NAIC committees and task forces for 2026. Keen will serve on the Life Insurance and Annuities (A) Committee, Financial Regulation Standards and Accreditation (F) Committee, Consumer Liaison Committee, and American Indian and Alaska Native Liaison Committee. The appointments maintain Oregon's involvement in national insurance policy discussions on affordability, climate change, and wildfire issues.
Blue Cross Blue Shield of Montana Data Breach Exposes 462,000 Residents
Blue Cross Blue Shield of Montana disclosed a data breach affecting 462,000 residents after unauthorized access between November 8, 2024, and March 5, 2025. The breach exposed names, addresses, billing information, and medical data. Montana State Auditor and Commissioner of Securities and Insurance James Brown announced a full-scale investigation into the incident and whether notification requirements were followed.
462,000 Blue Cross Montana Customers' Medical Data Exposed in Third-Party Vendor Breach
The Montana Commissioner of Securities and Insurance has opened an investigation into Blue Cross Blue Shield of Montana after a data breach at third-party vendor Conduent Business Services potentially exposed the private medical information of 462,000 current and former customers. The breach, which occurred from October 2024 to January 2025, included Social Security numbers, birth dates, and medical service details. The company reported the breach to regulators nearly a year after discovering it, prompting scrutiny over whether it violated Montana's requirement to report data breaches without unreasonable delay. If violations are found, the commissioner may impose penalties of up to $25,000 per violation.
NIPR Phishing Scam Warning - Fraudulent Emails Requesting Payment
The Nebraska Department of Insurance is warning insurance agents about an active phishing email campaign impersonating the National Insurance Producers Registry (NIPR). The fraudulent emails reference past due invoices and appear to come from trusted domains like @nipr.com, @naic.org, or @stripe. NIPR and NAIC are investigating the campaign, with warning alerts posted on NIPR's website and licensing application center.