As the COVID-19 situation continues, state insurance regulators are taking steps to protect insurance policyholders from the impact of the pandemic. States have begun requiring insurance carriers to provide certain protections with respect to premiums and coverage, to help business and individuals maintain their access to insurance.
State requirements will vary and may change quickly. The types of insurance affected will depend on each state’s guidelines. Any future federal legislative action may also affect state requirements.
Contact your Cowden representative for more information on this or other compliance issues.