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Ex. AGY-ST-INSURANCE-BANKING-082 Context (guidance or announcement) Primary source read

Bulletin 2020-30

Continued Flexibility in the Issuance and Administration of Insurance during the COVID-19 (Coronavirus) Public Health Crisis

Gary D. Anderson, Commissioner of Insurance · Massachusetts; Division of Insurance, Office of Consumer Affairs and Business Regulation (State insurance regulator) (Sector regulator)

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The COVID Project
Context, not an order

This record is guidance or an announcement kept for context. It is not counted among the orders in force.

The record

Jurisdiction
Massachusetts; Division of Insurance, Office of Consumer Affairs and Business Regulation (State insurance regulator) · Massachusetts
Level
Sector regulator
Authority
M.G.L. c. 26, § 8A; c. 175
Issued
2020-12-29 Dec. 29, 2020
Effective
2020-12-29
End
Through the Massachusetts state of emergency (ended June 15, 2021); post-emergency expectations restated in Bulletin 2021-08 (Ex. 104) (read as 2021-06-15)
In force
Dec. 29, 2020 to June 15, 2021
Quarters
2020 Q42021 Q12021 Q2
Limitation types
Other
Addressees
  • all insurance carriers ('Carriers') issuing coverage in Massachusetts
Functions reached
  • IN insurers (billing, cancellation, fees)
  • CB policyholders and employers unable to pay premiums nine months into the emergency
Character
context
Collection
State insurance and banking regulators AGY-ST-INSURANCE-BANKING

Operative words

[Given the public health] and economic impacts of this situation, and we need Carriers to continue to search for flexibility to [assist policyholders]... During this period, the Division believes that Carriers should continue to be flexible in collecting [premiums and to provide] policyholders with as much flexibility to maintain their existing coverage as is reasonably possible... [it is not] appropriate for a Carrier to impose any new or additional fee in exchange for granting this flexibility.

Enforcement

M.G.L. c. 176D (unfair methods of competition and unfair or deceptive acts); c. 175, § 187C

Notes

Continues Bulletin 2020-05 (Ex. 101) into 2021.

Retrieval note

Cite it as context and cite the underlying order, statute or emergency rule it describes as the instrument. (Bulletins whose operative text imposes a mandatory duty on licensees under the regulator's own authority are excluded from this downgrade and listed separately for review.)).

A record of The COVID Project. The instrument's text is the source's; the summary fields are The COVID Project's reading of it. Not legal advice.