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COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (July 29, 2020)

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July 29, 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.

All Lines of Insurance

Texas: The Texas Department of Insurance once again extended the time frame in which financial filings may be submitted to its office without sworn statements, affidavits, and notarizations from July 31, 2020 to September 30, 2020.

Health Insurance

Washington: On July 29, Insurance Commissioner Kreidler further extended Emergency Orders 20-01 and 20-06 to August 28. Emergency Order 20-01 requires health insurers to waive copays and deductibles for any consumer requiring testing for coronavirus (COVID-19), and Emergency Order 20-06 protects consumers from receiving surprise bills for lab fees related to medically-necessary diagnostic testing for COVID-19.

The post COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (July 29, 2020) appeared first on Insurance & Reinsurance.

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