The Maryland Insurance Administration is asking insurers to provide accommodations to federal workers affected by the government shutdown, which has been ongoing since October 1, 2025.
Accommodations can include deferred premium payments, extending grace periods, accepting partial payments, and waiving late fees and penalties for late payment. Insurers domiciled in Maryland can request a permitted accounting practice to waive the accounting principle that requires an insurer to non-admit premium receivable assets over 90 days past due.
The bulletin applies to personal and commercial P&C insurance lines and all lines of life & health insurance.
The bulletin can be found here.
Ray Sugrim
Ray Sugrim is an Insurance Editor with FC&S Expert Coverage Interpretation, a division of National Underwriter Company and Arc Network. Ray is responsible for helping develop and edit content for subscribers. Ray is a St John’s University graduate with a degree in Risk Management & Insurance and is a CPCU candidate.