Property and Casualty News
June 2026
Welcome to our latest newsletter! As a thought leader in the Insurance Industry for over 50 years, we are always excited to share the latest sampling of insurance compliance related bulletins, regulations, and legislative activity. Please feel free to share this newsletter with others that may be interested. Contact Us with any questions on the items in this newsletter or with any other compliance related matter we can assist you with. Enjoy!
ADJUSTERS
Louisiana amends licensing requirements for claims adjusters by requiring claims adjusters to include their Louisiana license number in all electronic communications with insureds. The requirement applies to emails and other electronic communications but excludes text messages sent in the course of business or employment. SB 241
AGENT / PRODUCER CONTINUING EDUCATION
North Carolina updates insurance producer licensing requirements by eliminating prelicensing education course requirements while retaining continuing education obligations. The changes apply to regulations administered by the Department of Insurance's Agent Services Division. Temporary 11 NCAC 6A.0701-.0705, .0808, .0811
ARTIFICIAL INTELLIGENCE
Colorado amends its Consumer Protection Act to regulate operators of conversational artificial intelligence services. The legislation establishes requirements related to operator responsibilities, protections for minors, consumer disclosure obligations, and annual reporting requirements for covered AI services. HB 1263
Colorado enacted a law that governs the use of automated decision-making technology (ADMT) in consequential decisions, including insurance, effective January 1, 2027. The law imposes documentation, disclosure, recordkeeping, and consumer-rights requirements on developers and deployers of ADMT, and creates specific compliance standards and safe harbors for insurers using data-driven technologies in underwriting, claims, and other insurance-related decisions. SB 189
AUTOMOBILE INSURANCE
Iowa allows insurers, effective January 1, 2027, to apply for motor vehicle salvage certificates of title without surrendering the original title or manufacturer’s/importer’s statement of origin and permits certain supporting documents to be signed under penalty of perjury, including through electronic signatures, instead of being notarized. HF 777
Iowa amended motor vehicle laws prohibiting insurers from using the first two speeding violations within any 12-month period to set automobile insurance rates or to cancel or nonrenew a policy when the violations were 10 miles per hour or less over the speed limit and occurred under specified circumstances. This change limits the impact of certain minor speeding offenses on policyholders. SF 378
Louisiana prohibits insurers from including an automobile insurance rating factor based solely on catastrophe or natural disaster losses that affected only other lines of insurance. However, insurers may use such a rating factor when it is part of a multi-line insurance policy. HB 413
Maryland amended, effective July 1, 2027, an affordability program for the Maryland Automobile Insurance Fund and revises assessment requirements applicable to industry automobile insurance associations. SB 469
CAPTIVES
Louisiana passed a law authorizing the commissioner of insurance to waive certain requirements for captives and risk retention groups when doing so does not conflict with NAIC accreditation standards. HB 904
COMMERCIAL LINES INSURANCE
Michigan updated its list of municipalities participating in the Fire Insurance Withholding Program. The list identifies the program section under which each municipality participates and supersedes all prior versions. Bulletin dated June 1, 2026
CONFIDENTIALITY / PRIVACY
Louisiana enacted the Louisiana Data Privacy Act, effective January 1, 2027. The law defines key data privacy terms and sets applicability thresholds, exclusions, and exemptions for covered entities. SB 386
CYBERSECURITY
New York issued this industry letter to provide guidance on cybersecurity risk management during a heightened threat environment. The Department advises regulated entities to use available resources, including known exploited vulnerability catalogs and AI-related advisories, to address evolving cyber risks and reminds organizations that cybersecurity controls should be tailored to their specific risk profiles. Industry Letter dated May 21, 2026 (B)
DISASTER / CATASTROPHIC EVENT
Georgia has lifted the temporary restrictions on policy cancellations for nonpayment of premium that were imposed following the April 2026 disaster declarations. Effective May 27, 2026, insurers across all lines of coverage may resume normal cancellation practices in the remaining affected areas, as recovery efforts have progressed and the protections established under Directives 26-EX-1 and 26-EX-3 have been terminated. Directive 26-EX-5
Missouri rescinded its prior storm-related bulletins effective June 1, 2026, ending the request that insurers suspend cancellations and non-renewals for storm-damaged properties following the state's emergency declaration. The Department of Commerce and Insurance is requesting insurers continue providing additional time for policyholders who are making good-faith efforts to complete repairs. Bulletin 26-09
DISASTER PREPAREDNESS
New York issued a circular letter to the property and casualty insurance industry. The circular establishes disaster planning, preparedness, and response standards and outlines pre-disaster and post-disaster filing and operational requirements. Circular Letter 1 (2026)
FILINGS: PROPERTY / CASUALTY
Pennsylvania updates its commercial automobile insurance filing and form review guidance by issuing a revised checklist outlining requirements for policy forms, rates, rules, and supporting rating information. Commercial Auto Checklist dated June 2, 2026
FRAUD / ANTI-FRAUD
North Carolina warns of a multi-state fraud scheme targeting workers’ compensation claimants and other injured workers through impersonation of judicial officials, government employees, attorneys, and workers’ compensation professionals. Fraudulent actors have contacted injured workers by phone, email, text, video call, and social media convincing them to attend an online workers' compensation hearing and pay money to receive an award of workers' compensation benefits or a settlement. The fraud scheme appears to target Spanish-speaking workers' compensation claimants and injured workers in particular. Incidents have been reported in several Western and South Central states, as well as in Tennessee. Industrial Commission Notice dated May 15, 2026
MISCELLANEOUS
Louisiana expands the rules governing insurance referrals by allowing both individuals and entities to make referrals through telephone numbers, email addresses, websites, or direct referrals to insurance companies and their affiliates or partners. The bill also applies existing compensation restrictions to entities and prohibits referral compensation based on whether the referred individual ultimately purchases insurance. HB 826
Louisiana revises investment standards for domestic insurers by updating and clarifying limits on equity investments. Property and Casualty insurers may acquire preferred stocks in any United States business entity if, as a result of and after giving effect to the investment, specified requirements are met. HB 1151
PROPERTY INSURANCE
Georgia enacted a new law governing the use of aerial and satellite imagery in property insurance underwriting decisions. Under Section 33-9-45, insurers that cancel or decline to renew coverage based on such imagery must provide the dated images, identify the property conditions at issue, give policyholders at least 60 days to address the concerns, offer an appeals process, and restore coverage when deficiencies are corrected. HB 1344
Louisiana revises provisions concerning stated value residential insurance policies by clarifying valuation standards, modifying disclosure requirements, and strengthening consumer protections. The bill permits insurers to offer stated value policies based on replacement cost rather than market value and eliminates the requirement to prominently disclose those offerings in policy documents. HB 825
RATEMAKING
Oklahoma amends the Property and Casualty Competitive Loss Cost Rating Act by revising rate standards, allowing rates to be deemed excessive based on actuarial review and requiring the Insurance Commissioner to notify insurers of any objections. The law also updates unfair discrimination provisions by prohibiting risk classifications based on religion, race, color, creed, or national origin. HB 3781
REPORTS - DATA CALLS & OTHER REPORTS
Florida issued a Catastrophe Reporting Form CRF-26A , establishing mandatory post-disaster reporting requirements for insurers to submit claims and loss data following a declared catastrophe. The reporting applies to insurers writing specified property and casualty lines and is triggered by named storm events beginning with a hurricane watch or warning and ending 72 hours after the final watch or warning is lifted. OIR Notice dated May 29, 2026
SURPLUS LINES
Montana published an updated list of eligible surplus lines insurers. Beginning in 2026, when Montana is the home state for a surplus lines transaction, all surplus lines filings and related tax and fee payments must be submitted to the Commissioner of Securities and Insurance through SLIP+ for States. Eligible Surplus Lines Companies dated June 2, 2026
New Jersey has issued an updated notice identifying the insurers authorized to write surplus lines business in the state. The notice applies to all surplus lines producers. Notice of May 14, 2026
TAX CREDITS
Colorado expands eligibility for insurance premium tax credits by allowing certain non-insurance entities authorized to do business in the state to purchase unsold credits and by recognizing insurers that receive transferred credits. The law also establishes rules for transferring unclaimed credits to insurance companies, limits subsequent transfers, and requires notification to the Department so updated tax credit certificates can be issued. HB 1346
Georgia HB 136 creates a tax credit program for contributions to qualified foster child support organizations, effective for tax years beginning on or after January 1, 2026. Under the program, insurers may receive tax credits equal to up to 30% of their Georgia insurance premium tax liability and may apply for credits annually between January 1 and June 30. Bulletin 26-EX-2
WORKERS' COMPENSATION
California approved revisions to workers’ compensation reporting, rating, and regulatory requirements submitted by the Workers’ Compensation Insurance Rating Bureau, with the changes taking effect September 1, 2026. The WCIRB has updated its operational plans and will begin calculating September 2026 experience modifications using the revised rules. WCIRB Bulletin 2026-6
California issued guidance regarding medical treatment authorization requests within the workers’ compensation system in response to Utilization Review requests for medical care using the standardized DWC Request for Authorization (RFA) form to promote more efficient communication with claims administrators and help minimize treatment delays. DWC Release 2026-42
Colorado updated workers’ compensation benefit amounts effective July 1, 2026, through June 30, 2027, based on a state average weekly wage of $1,608.91. The maximum weekly benefit for temporary and permanent disability benefits, as well as death benefits, is set at $1,464.12, representing 91% of the state average weekly wage. WC Memo and Order effective July 1, 2026
Hawaii revises its workers’ compensation vocational rehabilitation procedures by clarifying how certified vocational rehabilitation providers are selected and requiring approval of services when an injured employee is deemed feasible for participation and likely to need rehabilitation to obtain suitable gainful employment. HB 1514
Indiana announced that the Indiana Department of Insurance approved Item B-1452 on May 8, 2026, adopting revisions to NCCI Basic Manual classifications for Workers’ Compensation and Employers Liability Insurance. The changes update classification rules for bakery and restaurant operations, including mobile food vendors. Circular 2026-04
Indiana requires employers seeking to obtain or renew workers’ compensation self-insurance authority to file their 2026 application or renewal with the Worker's Compensation Board by July 31, 2026. Applicants must submit the required forms and payment through the State’s electronic payment system. Notice of May 18, 2026
Minnesota expands workers’ compensation coverage for certain mental impairments, broadens occupational disease presumptions for specified public safety and healthcare workers, increases permanent partial disability benefits, raises attorney fee limits, and revises examination requirements and procedures. SF 3720
Oklahoma increases the maximum gross annual payroll threshold for agriculture, ranching, and horticulture employers to $250,000 before workers must be counted as employees under the Administrative Workers’ Compensation Act. The bill also provides that independent contractors working in these industries are not considered employees if they satisfy at least four specified criteria. SB 1944