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Results for content tagged as California

1.

Oct 1, 2015 - ... law in California modifies disclosure requirements for residential property policies. The act requires that the mandatory disclosure given new policyholders include the website of the consumer affairs unit of the California Department...

2.

Feb 20, 2015 - ... California Department of Insurance (CID) adds that state to the list of those who have taken regulatory action to ban the practice of "price optimization."  Previously, Maryland and Ohio had issued...

3.

Oct 28, 2014 - ... law in California adds to the obligations on an organization in the wake of a data breach. Under existing law, companies operating in California must disclose a breach of data security to any resident...

4.

Oct 7, 2014 - ... mandatory offer of earthquake coverage and related disclosures. Under existing California law, a named insured on a residential property policy must be offered earthquake coverage upon issuance and renewal of the policy. If the coverage is accepted, insurers must provide...

5.

Oct 2, 2014 - ... to any lapse, termination, expiration, non-renewal, or cancellation for nonpayment of premium. The law takes effect Jan. 1, 2016. AAIS affiliates in affected lines will be informed by bulletin of modifications to California amendatory endorsements. AAIS Advisory notices are posted periodically to announce AAIS product developments, and to provide news items that are relevant to our program users. Advisory notices are news...

6.

May 28, 2014 - ... California Department of Insurance recently issued a bulletin reminding insurers of their statutory obligations to protect personal or privileged information of consumers. Among other things, the bulletin reminds insurers that...

7.

Mar 2, 2014 - ... California will soon be contacted by the California Department of Insurance regarding information sought for a Homeowners Coverage Comparison Chart to be posted on the department's public website. The chart is...

8.

Nov 25, 2013 - [ACTION_PRINT_ARTICLE] Insurance departments in Illinois and Indiana have issued bulletins for insurers in the wake of tornadoes that devastated parts of the two states in mid-November. Among other things, one Illinois bulletin asks, but does not require, that insurers grant extensions to policyholders for restoration work that would be covered under replacement cost coverage. The bulletin explains that insurance companies typically pay insureds for the actual cash value (ACV) of a loss...

9.

Sep 27, 2013 - ... law in California allows policy renewal notices and disclosures to be made available electronically for auto, workers' compensation, and specified property insurance. This new law authorizes, until Jan. 1, 2019, that the...

10.

Jul 17, 2013 - ... for several years, would also require companies writing $100 million or more in direct written premium to participate; previously, the threshold was $300 million. Survey submissions are also due in California by Aug. 31. New York and Washington state joined with California in the past to require insurer participation in the survey, but did not participate in the latest announcements...