COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (August 20, 2020)

In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on the subject matter below, do not hesitate to reach out. The information below relates to state and federal bulletins, emergency orders, pending/enacted legislation, and other related actions taken in response to the COVID-19 pandemic.

Property and Casualty Insurance

Maine: On August 20, the Maine Superintendent of Insurance issued Bulletin 452 to the attention of property casualty insurers, producers with property or casualty authority, surplus lines insurers, and surplus lines brokers, stating that Bulletin 452 indefinitely extends the guidelines established in Bulletin 444, issued on April 15, 2020, and is otherwise identical to Bulletin 444. Bulletin 444 was issued to provide the industry with guidance related to the Coronavirus pandemic and property and casualty insurance premium refunds.

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