Publication

COVID-19 Insurance Regulatory Updates – April 13

The deluge of regulatory guidance has slowed only slightly in the past week and has taken some unusual turns. On Monday, April 13, 2020, California ordered premium refunds or credits to individuals and businesses impacted by COVID-19. As property casualty insurers looked to make premium refunds for idle drivers, many states began issuing regulatory guidance encouraging premium relief and agreeing to expedite review of filings to facilitate these refunds. Other states worked to catch up on issuing initial COVID-19 healthcare guidance or issued formal statements to clarify past guidance.