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Property and Casualty

COVID-19 Report

close up of a coronavirus molecule

Property and Casualty

COVID-19 Report

Commissioner Issues Bulletin Concerning Travel Insurance

On March 20, 2020, the Maryland Insurance Commissioner issued Bulletin No. 20-09 to all property andcasualty insurers and all property and casualty insurance producers concerning travel insurance sales during the COVID-19 State of Emergency. In the Bulletin, the Maryland Insurance Administration requests that insurers that issue travel insurance policies during the COVID-19 emergency provide an option for consumers to purchase a Cancel For Any Reason waiver, or otherwise offer an option to purchase trip cancellation coverage that will reimburse nonrefundable costs if the trip is cancelled due to COVID-19. The Bulletin did not address policies issued prior to the COVID-19 outbreak.

MD Bulletin No. 20-09