{"id":"SEC-13-080","kind":"order","level":"sector-regulator","jurisdiction":"Wisconsin","state":"WI","metro":"","industry":"13","agency":"","eco":"","issuer":"Commissioner of Insurance Mark V. Afable (Office of the Commissioner of Insurance)","authority":"Wis. Stat. ch. 601; Executive Order 72 (Mar. 12, 2020)","instrument":"OCI Bulletin of March 20, 2020, Complying with Regulatory Requirements during the Public Health Emergency","title":"Complying with Regulatory Requirements during the Public Health Emergency (policyholder flexibility; deemed-approval filings disapproved; on-site examinations)","dateIssued":"2020-03-20","effective":"2020-03-20","end":"for the pendency of the public health emergency (Wisconsin State file, WI-041)","startDate":"2020-03-20","endDate":"2020-06-30","quarters":["2020Q2"],"types":["OTHER"],"addressees":["insurers, agents and interested parties"],"clause":"Insurers are encouraged to offer flexibility to insureds who are incurring economic hardship. This flexibility can include offering non-cancellation periods, deferred premium payments, premium holidays and acceleration or waiver of underwriting requirements. OCI will not view any accommodations made to insureds incurring economic hardship during the COVID-19 public health emergency as violating insurance laws such as unfair inducement prohibitions.... during the pendency of the public health emergency related to COVID-19, all filings that are deemed approved if OCI does not disapprove the filing within a certain period of time are hereby disapproved.... OCI will not conduct any on-site examination work that is contrary to the spirit of any public health directive.","enforcement":"Regulator\u0027s bulletin; the deemed-approval disapproval operates with legal effect on filings","functions":["IN (premium flexibility; rate and form filings; examinations)","OP"],"notes":"Same instrument as WI-041.","sourceUrl":"https://oci.wi.gov/Pages/Regulation/Bulletin20200320RegulatoryRequirements.aspx","snapshot":"","fileExists":true,"fileBytes":1036425,"grade":"primary","character":"","description":"","collection":"SEC-13","url":"/library/SEC-13-080","exhibitUrl":"/exhibit/SEC-13-080","citation":"Commissioner of Insurance Mark V. Afable (Office of the Commissioner of Insurance), OCI Bulletin of March 20, 2020, Complying with Regulatory Requirements during the Public Health Emergency (Mar. 20, 2020) (Ex. SEC-13-080)","stateName":"Wisconsin","related":["WI-041"]}