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Property and Casualty

COVID-19 Report

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Property and Casualty

COVID-19 Report

California

For Benefits Compliance specific state updates for California click here.

April 17, 2020

On March 18, 2020, the California Insurance Commissioner published a Notice requesting that all insurance companies, including admitted and non-admitted insurance companies that provide any insurance coverage in California, including life, health, auto, property, casualty, etc. provide their insureds with at least a 60-day grace period to pay insurance premiums so that insurance policies are not cancelled for nonpayment of premium during this challenging time due to circumstances beyond the control of the insured.

CA Notice

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April 08, 2020

On April 3, 2020, Commissioner Lara issued a Notice to all admitted and non-admitted insurance companies, all licensed insurance adjusters and producers, and other licensees to protect policyholders from losing, limiting or waiving policy benefits as a result of the current national state of emergency. All licensees were notified that they should not attempt to enforce policy or statutory deadlines on policyholders until ninety (90) days after the end of the “state of emergency” impacting a specific policyholder.

CA Notice

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April 17, 2020

On April 13, 2020 the California Department of Insurance issued Bulletin 2020-3 ordering insurers to make an initial premium refund to specific individuals and businesses affected by the COVID-19 emergency.

CA Bulletin 2020-03

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April 17, 2020

On April 9, 2020 the California Department of Insurance issued a notice to insurers prohibiting denial of claims under a personal auto policy because the insured was engaged in providing delivery service on behalf of a California essential business.

CA Notice

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April 17, 2020

On April 3, 2020, the California Department of Insurance issued a notice that all licensees should not attempt to enforce policy or statutory deadlines on policyholders until 90 days after the end of the statewide state of emergency.

CANotice

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April 24, 2020

On April 14, 2020, the California Insurance Commissioner issued a notice to all admitted and non-admitted insurance companies and producers reminding them of the requirement to comply with obligations to accept, forward, acknowledge and fairly investigate all claims, including business interruption insurance claims and event cancellations claims. Further, every insurer that denies a first-party or third-party claim must do so in writing.

CA Notice

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June 01, 2020

On May 14, 2020, the California Insurance Commissioner issued a Notice to all admitted and non-admitted insurance companies and producers detailing what constitutes as unfair methods of competition or practices for insurers including: 1) failure to attempt in good faith to effectuate prompt, fair and equitable settlements of claims in which liability has become reasonably clear; 2) compelling insureds to institute litigation to recover amounts due under an insurance policy by offering substantially less than the amounts ultimately recovered in actions brought by the insureds, when the insureds have made claims for amounts reasonably similar to the amounts ultimately recovered; and 3) failure to settle claims promptly, where liability has become apparent, under one portion of the insurance policy coverage in order to influence settlements under other portions of the insurance policy coverage.

CA Notice

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June 01, 2020

On May 15, 2020 the California Insurance Commissioner issued Bulletin 2020-4 extending the previous Bulletin 2020-3 requiring insurers to return partial insurance premiums to consumers and businesses to May 31, 2020.

CA Bulletin 2020-4

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July 14, 2020

On June 25, 2020, the commissioner issued Bulletin 2020-8 to all property and casualty insurers and workers’ compensation insurers extending the directives set forth in Bulletins 2020-3 and 2020-4 to include premium relief for the month of June commensurate with any reduced exposure risk. Those bulletins require personal and commercial insurers to make a partial premium adjustment for the months of March, April and May. Information concerning premium relief for July and August, as conditions warrant, will also be required.

CA Bulletin 2020-8; CA Bulletin 2020-3; CA Bulletin 2020-4

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