PR | The Office of the Commissioner of Insurance today issued Ruling Letter No. CN-2023-338-D. It explains the reasons for the extension of the effective dates for motor vehicle licenses that expired in the month of July 2023, until August 31, 2023. The bulletin provides guidance to insurers on the impact of this extension on coverage and claims management procedures. It also outlines insurer practices that OCS deems “unfair.”
Click here to read the letter for further details.