How many days must an insurer notify the Commissioner of changes in business address?

An insurer is required to notify the Commissioner of changes in their business address within 30 days. This timeframe is established to ensure that regulatory bodies have up-to-date contact information for all licensed insurers. Timely notification helps maintain effective communication and ensures that important documents and notifications can be routed correctly. If an insurer fails to comply with this requirement, it may face disciplinary action or fines. Having a 30-day window allows insurers to manage their business operations while also upholding regulatory expectations.