Like each of us, insurance regulators throughout the United
States are dealing with the COVID-19 pandemic. Like the
broader insurance industry, insurtech companies are striving to
ensure continued operations, and insurance regulators are providing
guidance to ensure adherence to insurance agreements.
Every day insurance regulators are announcing modifications to
insurance law requirements, including those for cancellations for
non-payment of premium and claims procedures. State legislatures
are now getting into the act as well. To help keep you up to date,
we have provided a list of actions taken by state Department of
Insurances (DOIs) through today and we will try to keep this
updated on a regular basis. This information should not be
construed as legal advice and should be independently confirmed, as
things are changing rapidly. As always, we are ready and able to
advise you as best we can. We expect to host a webinar in
the near future to delve into these issues