What is the timeframe for responding to an inquiry from the insurance department?

The appropriate timeframe for responding to an inquiry from the insurance department is 15 working days. This timeframe is established to ensure that the process is handled efficiently and that the department can receive pertinent information promptly to address any issues or inquiries. By having a standardized response time, the insurance department can manage inquiries effectively, keeping the process accountable and organized. This requirement is crucial for maintaining regulatory compliance and facilitating communication between insurers, public adjusters, and the department, ultimately serving to protect the interests of policyholders and ensure that their needs are met in a timely fashion.