Regulatory

TDI issues guidance to industry on storm claims

TDI issued three bulletins with guidance for the insurance industry following winter storm damage across the state.

Bulletin B-0005-21: TDI expects insurers to suspend vacancy provisions for policyholders displaced by the storm and work with those who need more time to pay premiums.

Bulletin B-0006-21: TDI reminds insurers, adjusters, and contractors about provisions in state law on the use of emergency adjusters, conflicts of interest, and other consumer protections.

Bulletin B-0007-21: TDI reminds insurers about restrictions on the use of losses from natural causes in setting premiums and determining whether to renew a policy. TDI also reminds insurers about requirements for restriction and withdrawal plans.

DWC Issues Bulletin on Various Workers’ Compensation Deadlines

Because of the impact of the winter storm on the workers’ compensation system, DWC has issued bulletin B-0008-21, pausing various deadlines for system participants. Read the bulletin.