On September 29, 2026, the Texas Department of Insurance (TDI) published a proposed amendment to 28 Tex. Admin. Code § 21.1006, which prohibits insurers from declining to write or renew residential property insurance based on the age of a property or its components. TDI characterizes the proposed amendments as clarifying rather than substantive, stating that they “do not change the rule’s meaning or application” but instead “further the goals of Government Code Chapter 465 by making the rule clearer, more concise, and more consistent.” The public comment period runs through November 9, 2026, and TDI will hold a public hearing on the proposal on November 3, 2026.
Read More New Texas Rule Would Clarify That Insurers Cannot Deny Homeowners Coverage Based on Roof Age
Michigan Enacts Statutory Prohibition on Price Optimization: Senate Bill 1013
On September 21, 2026, Michigan signed into law Senate Bill 1013 (the Bill), which amends the Michigan Insurance Code by adding Section 2027a to prohibit the use of price optimization in property and casualty insurance ratemaking. The Bill took immediate effect upon signing.
Read More Michigan Enacts Statutory Prohibition on Price Optimization: Senate Bill 1013Connecticut Requires Insurers to Explain Personal Risk Premium Increases: Bulletin PC-94-26
On September 17, 2026, Connecticut Insurance Commissioner Joshua Hershman issued Bulletin PC-94-26 (the Bulletin), addressed to all companies licensed to write personal risk insurance in Connecticut, regarding new requirements for premium increase explanations under Public Act 26-69 (the Public Act). Effective January 1, 2027, the Public Act requires insurers to provide policyholders with a reasonable explanation for personal risk insurance premium increases upon request, and to include a prominent statement in premium billing notices informing insureds of their right to request such an explanation. The Bulletin prescribes the specific methods by which requests may be submitted, the content and formatting requirements for the prominent statement, and the timeline for insurer compliance.
Read More Connecticut Requires Insurers to Explain Personal Risk Premium Increases: Bulletin PC-94-26New Hampshire Scrutinizes Personal Lines Auto Cancellations
On August 12, 2026, New Hampshire Insurance Commissioner David J. Bettencourt issued Bulletin Docket No. INS 26-052-AB (the Bulletin), directed to all “personal lines automobile insurers” operating in the state. The Bulletin addresses the New Hamshire Insurance Department’s (the NHID) interpretation and enforcement of N.H. Rev. Stat. Ann. § 417-A:5 as it relates to policy termination notices issued following an insured’s failure to make a renewal premium payment by its due date.
Read More New Hampshire Scrutinizes Personal Lines Auto CancellationsHawaii Insurance Division Reclassifies Pet Insurance as Property Insurance
On July 17, 2026, the State of Hawaii Department of Commerce and Consumer Affairs Insurance Division issued Memorandum 2026-5PC (the Memorandum) titled “Hawaii Pet Insurance” to “All Insurers Issuing Pet Insurance Products.” The Memorandum states that effective January 1, 2026, under Hawaii Act 79 (the Act), “pet insurance is now
Read More Hawaii Insurance Division Reclassifies Pet Insurance as Property InsuranceNew York Department of Financial Services Informs Insurers of Motor Vehicle Insurance Reforms
On July 1, 2026, the New York Department of Financial Services (the NYDFS) published Insurance Circular Letter No. 3 (the Letter) regarding “2026 Motor Vehicle Insurance Reforms.” The Letter, addressed to “All Insurers Authorized to Write Motor Vehicle Insurance in New York State, the New York Automobile Insurance Plan, and Rate Service Organizations” concerns changes to the New York Insurance Law, Penal Law, and Civil Practice Law and Rules (the CPLR) relating to motor vehicle insurance as a result of Chapters 55 and 58 of the Laws of 2026 being signed into law on May 27 and May 26, 2026, respectively. The overarching purpose of the amendments was to “address drivers of rising costs affecting motor vehicle insurance premiums, including fraudulent and abusive claims practices, and to ensure that insurers obtain prior approval before increasing motor vehicle insurance rates.”
Read More New York Department of Financial Services Informs Insurers of Motor Vehicle Insurance ReformsCongress Moves to Extend the Terrorism Risk Insurance Act Until 2034
On June 29, 2026, the House of Representatives passed H.R. 7128, “TRIA Program Reauthorization Act of 2026” (the Act). The Act concerns the Terrorism Risk Insurance Act of 2002 (TRIA), which was passed in the aftermath of the September 11, 2001, terrorist attacks. TRIA requires commercial property and casualty insurers
Read More Congress Moves to Extend the Terrorism Risk Insurance Act Until 2034Texas Department of Insurance Unveils New Online Tools for Greater Department Transparency
On June 22, 2026, the Texas Department of Insurance (the Department) issued a news release (the Release) titled “TDI Prioritizes Transparency by Making Home and Auto Data Public.” The Release explains that the Department has “created resources to give Texans access to data the agency collects about home insurance
Read More Texas Department of Insurance Unveils New Online Tools for Greater Department TransparencyAct No. 9100: Virgin Islands Guarantee Fund Funding Level Increased
On June 22, 2026, the U.S. Virgin Islands Division of Banking, Insurance, and Financial Regulation (the Division) issued Bulletin 2026-04 (the Bulletin) regarding an “increase in the Virgin Islands Insurance Guaranty Fund amount and policyholder or third-party coverage limit[s].” The Bulletin informs residents of the Virgin Islands that Act No.
Read More Act No. 9100: Virgin Islands Guarantee Fund Funding Level IncreasedTexas Department of Insurance Issues Disallowed Expenses Data Call
On June 12, 2026, the Texas Department of Insurance (DOI) issued Commissioner’s Bulletin No. B-0004-26 (the Bulletin) to “[a]ll insurance companies licensed to write property and casualty insurance in the state of Texas.” The Bulletin, titled “Calendar Year 2025 Disallowed Expenses Data Call,” issues a mandatory data call under Texas
Read More Texas Department of Insurance Issues Disallowed Expenses Data Call