ALABAMA SURVEY ON PRIVATE FLOOD MARKET PROMPTS LEGISLATION TO ENCOURAGE INSURER PARTICIPATION

Alabama Department of Insurance (ALDOI)

Roy

The Alabama Department of Insurance (ALDOI) released results of a survey taken to understand the private flood insurance market in the state. The ALDOI commissioned Milliman, Inc. (Milliman), a premier global consulting and actuarial firm, to survey flood insurance industry stakeholders and understand their concerns and perspectives around writing private flood insurance in Alabama, and ways to overcome regulatory, technical, and consumer-focused challenges.
 


S.C. Private Flood Insurance Act Enacted, Aims to Make Flood Insurance More Accessible

Source: SC DOI Press Release

Roy

From the September 30, 2020 Press Release

"Columbia, S.C. – Monday, Governor Henry McMaster signed the South Carolina Private Flood Insurance Act into law (S. 882). This Act aims to foster innovative flood insurance coverage in South Carolina, allowing insurers the ability to test products in the market and offer consumers greater choice for flood insurance coverage. "


Commissioner Donelon Reminds Policyholders They Are Subject to Only One Hurricane Deductible Per Season

10/8/2020 Louisiana DOI Press Release

CADO Admin

Louisiana Insurance Commissioner Jim Donelon is reminding policyholders affected by Hurricane Laura and who may be affected by Hurricane Delta that the single season named-storm/hurricane deductible law prohibits a homeowner from paying more than one named-storm/hurricane deductible in the same hurricane season.


Commissioner Lara urges insurance companies to cover wildfire property losses without requiring a home inventory

California’s Commissioner 10-2-2020 Press Release

Roy

From the Press Release.
SACRAMENTO, Calif.
 — In response to California’s latest destructive fires, Insurance Commissioner Ricardo Lara is requesting that insurance companies help wildfire survivors who are overwhelmed with the task of navigating the claims process by providing up to 100 percent of personal property coverage limits without a detailed inventory to those who suffered a total loss of their home, similar to previous identical requests in past years.


CFO Jimmy Patronis Activates Emergency Adjuster Licensing System to Aid in Hurricane Sally Recovery

Roy

TALLAHASSEE, Fla. – Today, Florida Chief Financial Officer (CFO) Jimmy Patronis announced the Department of Financial Services’ emergency adjuster license system has been activated to support homeowners’ and businesses’ efforts to get back on their feet following the impacts of Hurricane Sally in the Florida Panhandle.

From the Monday, September 21, 2020 Press Release


Commissioner Lara urges insurance companies to cover reimbursement costs for those displaced during wildfires

California Department of Insurance

Roy

News: 2020 Press Release

For Release: September 3, 2020

Media Calls Only: 916-492-3566

Email Inquiries: cdipress@insurance.ca.gov

Commissioner Lara urges insurance companies to cover reimbursement costs for those displaced during wildfires

LOS ANGELES, Calif. — To assist Californians displaced by the current and recent wildfires throughout the state, Insurance Commissioner Ricardo Lara issued a Notice to all California property and casualty insurance companies urging them to cover Additional Living Expenses (ALE) for those policyholders who remain under mandatory evacuation or whose homes are otherwise inaccessible or uninhabitable due to the wildfires.


Texas Department of Insurance Commissioner’s Bulletin # B-0008-20

Re: COVID-19: Suspension of certain licensing requirements and fees

CADO Admin

The below is from the bulletin.

March 24, 2020

To:   All TDI-regulated carriers, agents, adjusters, and licensees

Re:   COVID-19: Suspension of certain licensing requirements and fees

On March 13, 2020, Governor Greg Abbott issued a disaster declaration in response to the COVID-19 pandemic. The Governor authorized the use of all available state and local government resources necessary to cope with the disaster.

TDI expects carriers to work with their policyholders as they prepare for and respond to the spread of COVID-19. Carriers should look to the Governor’s ongoing declarations related to COVID-19 for guidance on how long to extend relief.


California Insurance Commissioner issues emergency declaration to help fire survivors across the state

November 14, 2018 Press Release

CADO Admin
Insurance Commissioner issues emergency declaration to help fire survivors across the state

SACRAMENTO, Calif. — In the wake of the deadliest and most destructive wildfire in California’s history, Insurance Commissioner Dave Jones today declared an emergency situation, which allows insurance companies to use out-of-state adjusters to help handle the large volume of claims resulting from the Camp and Woolsey Fires.


November Wildfires: Notice of Shortage of Accommodations for Survivors

Source: California Department of Insurance

Roy

The California Department of Insurance has been informed by the Governor’s Office of Emergency Services (CAL-OES) that, due to the recent wildfires, there is a shortage of available lodging in the disaster areas. CAL-OES is requesting that insurance companies, adjusters, and other insurance personnel find lodging outside of the disaster areas. 


OKLAHOMA DOI decides to police the entire country for license compliance

Old Wise Fox

OKLAHOMA DOI decides to police the entire country for license compliance.  Upon my recent submission for license renewal as a Non-Resident, the DOI rep Nicki has decided to question my standing with my home state of Nevada!  I am complete good standing with Nevada, and havre offered to provide a "Letter of Good Standing", which Nicki refused to accept. She is demanding my continuing education formal receipts. She refuses to accept any certificates issues by attending classes such as NFIP, Symbility, etc.  In a very rude 1970's condescending government attitude, she asked if she could just cancel my request, and keep the monies I've paid!  She said that she is just enforcing state statutes, and snottingly that I have 60 days to comply from her first response. REMEMBER, this was a Non Resident license.  I hope she can write estimates!!


Insurers’ incorrect statements to fire victims lead regulator to issue formal notice

CADO Admin
Insurers’ incorrect statements to fire victims lead regulator to issue formal notice

Notice requires insurers to make sure their staff are trained in California laws and rules
SACRAMENTO, Calif. — Insurance Commissioner Dave Jones directed the California Department of Insurance to issue a formal notice to insurers, licensed public adjusters and admitted carriers to make sure all claims adjusters assigned to wildfire claims, including those not licensed in California, are properly trained on the California Unfair Practices Act, Fair Claims Settlement Practices Regulations, and all laws relating to property and casualty insurance claims handling.

From fire to floods, recent natural disasters highlight the need for uniform claims adjustor licensing

Source: The Hill

CADO Admin

"As the nation continues to recover from the damage caused by hurricanes, floods and fires from coast to coast, we are reminded yet again that unforeseen, life-changing disasters can strike at any time. After the initial chaos subsides, it’s only natural that those affected would want to move quickly to start rebuilding their lives.


For many, the first step is a call to the insurance company, who should be able to resolve claims promptly, offering timely financial assistance when it’s needed most. But unfortunately, a complicated patchwork of state laws governing claims adjusters provides exactly the opposite: an inefficient, time-consuming, and expensive process that fails to serve the needs of consumers in the wake of a disaster."


TDI Bulletin B-0032-15

NONRESIDENT PUBLIC INSURANCE ADJUSTER AFFIDAVIT

CADO Admin

NONRESIDENT PUBLIC INSURANCE ADJUSTER AFFIDAVIT

The Texas Department of Insurance reminds all nonresident public insurance adjuster license holders that Insurance Code §4102.114 requires them to annually submit an affidavit on a form prescribed by TDI certifying that the licensee is familiar with and understands:

the laws specified in Insurance Code §4102.057(b);
the applicable rules adopted under those laws; and
the terms and conditions of the types of insurance contracts that provide coverage on real and personal property.


Unlicensed Adjuster Information for Insurers

Wind and Thunderstorm Event – July 12-14, 2015

CADO Admin

Unlicensed Adjuster Information for Insurers
Wind and Thunderstorm Event – July 12-14, 2015
(Flooding, Hail, Tornadoes, Wind)
States: Illinois, Indiana, Kentucky, Minnesota, Ohio, Wisconsin and Possibly Other Areas
Catastrophe Serial No. 88


Companies sending unlicensed adjusters to Kentucky to assist with the claims from the wind and thunderstorm event July 12-14, must complete Form 8307 to register the unlicensed emergency adjusters with the Department of Insurance. The form must be completed and submitted by the insurer, not the individual adjuster or other entity. Form 8307 is submitted electronically through the insurer’s eServices account on our website at http://insurance.ky.gov. Click on the word eServices in the upper right corner to login. Insurers who do not have an eServices account should contact the Department’s Information Systems Help Desk at DOI.ISHelpDesk@ky.gov for assistance.

Source: 


Notice Issued to Protect Oklahomans Who Have Earthquake Insurance

Source: Oklahoma Insurance Department

Roy
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.”

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