Moratorium

California Commissioner Orders Moratorium on Cancellations Over Pack Fire

Health Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Insurance Commissioner Ricardo Lara ordered a mandatory one-year moratorium to prevents homeowners’ insurance cancellations and non-renewals for Pack Fire victims following an emergency declaration. Lara ordered insurers to preserve residential property insurance coverage for more than 14,800 policyholders affected by the Pack Fire after Gov. Gavin Newsom issued an emergency declaration on December 9. The […]

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Alabama DOI Says Captive Moratorium Does Not Apply to Foreign RRGs

Life Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Eight months after it declared a moratorium on the licensing of captive insurance companies and risk retention groups, the Alabama Department of Insurance has posted a clarification. The March bulletin and an extension of the moratorium issued in September do not apply to foreign (non-Alabama) risk retention groups, Insurance Commissioner Mark Fowler said in the

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Alabama DOI Extends Moratorium on New Captives, Risk Retention Groups

Health Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Alabama’s insurance commissioner has extended a moratorium on new captive insurance companies and risk retention groups until at least next summer. The bulletin, posted this week, follows the commissioner’s announcement in March that the Department of Insurance would not accept or process new registration applications for at least six months. That temporary order will now

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