Bulletin Board

08 March 2015
Notice Issued to Protect Oklahomans Who Have Earthquake Insurance

Notice Issued to Protect Oklahomans Who Have Earthquake Insurance

OKLAHOMA CITY – The Oklahoma Insurance Department is taking a proactive step to protect Oklahomans who buy earthquake insurance. Today the Department released a bulletin to property and casualty insurance companies to address important issues surrounding earthquake insurance. 

“We want to make sure everyone is clear on earthquake insurance,” said Oklahoma Insurance Commissioner John D. Doak. “Oklahomans need to know what they are buying. Insurers need to know my expectations regarding the interpretation of polices.  And adjusters need to know how to evaluate an earthquake claim.”
16 October 2014

Declaration From The State Insurance Commissioner Regarding Assistance Of Nonresident Unlicensed Adjusters For Tropical Storm Ana

As of October 15, 2014, Governor Neil Abercrombie signed an emergency proclamation in anticipation of the arrival of Tropical Storm Ana, which is forecast to impact the state this weekend, possibly as a hurricane. 

29 April 2014
NCDOI Bulletin 14-B-03

NCDOI Bulletin 14-B-03

The purpose of this bulletin is to outline procedures your company will need to follow if a catastrophic event were to occur in North Carolina. NC Emergency Management staff will not allow any adjuster access to a declared disaster area unless the adjuster is carrying proper identification. 
 
23 March 2011
Texas HB 272 -  Relating to the operation of the Texas Windstorm Insurance Association

Texas HB 272 - Relating to the operation of the Texas Windstorm Insurance Association

Highlights from the Bill

Deadline for Filing Claim: (1)require an insured to file a claim under the policy not later than the first anniversary of the date on which the damage or loss that is the basis of the claim occurs; The commissioner, on a showing of good cause by a person insured under this chapter, may extend the one-year period described by Subsection (a)(1) for a period not to exceed 90 days.

The association may not pay or settle a claim described by Subsection (a) unless the person filing the claim provides evidence satisfactory to the association that, on the date of the loss that is the basis of the claim, the property insured under the association policy was also covered by a flood insurance policy in the amount required for issuance or renewal of the association policy under Section 2210.203(a-1).
 
Not later than the 30th day after the date a person insured under this chapter files a claim with the association, the association shall provide the person notice of whether the claim is accepted or denied and, if the claim is accepted, a written appraisal of the damage to the insured property

 

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