January 27, 2006
The National Association of Mutual Insurance Companies (NAMIC) said it will support a Colorado proposal to eliminate a requirement that auto insurance customers purchase compulsory coverage to pay for emergency medical care services typically paid by health insurance policies. The …
January 27, 2006
New Mexico Personal Insurance Credit Information Act (PICIA) took effect January 1, to help protect consumers’ and insurers’ use of credit. According to the Rocky Mountain Insurance Information Association, PCIA requires insurance companies to limit the use of credit information …
January 27, 2006
Nevada Commissioner of Insurance Alice A. Molasky-Arman has appointed Cliff King as Nevada’s chief administrator of captive programs. “Cliff is a natural match for this position, because he has been instrumental in successfully promoting Nevada as an attractive domicile for …
January 27, 2006
Hawaii Insurance Commissioner J.P. Schmidt has granted AAA Hawaii’s affiliated insurer a Certificate of Authority, to allow it to begin offering homeowner’s and auto insurance to AAA Hawaii members. Auto and homeowners’ insurance products will be provided by the Interinsurance …
January 27, 2006
Two Elk Grove, Calif., residents were arrested on insurance fraud charges related to the alleged staged theft, arson, and subsequent insurance claim for a vehicle belonging to one of the suspects. According to the California Insurance Commissioner’s office, investigators believe …
January 27, 2006
Massachusetts is facing a shortage of insurance capital that could jeopardize the state’s entire economy, especially if a major storm hits the metropolitan Boston area, the Commonwealth’s insurance regulator is warning. A major storm hitting the metropolitan Boston area would …
January 27, 2006
Oklahoma health care providers now have a direct line to the Oklahoma Insurance Department (OID), Insurance Commissioner Kim Holland announced. The new service is being offered so that health care providers have a direct number to call for assistance with …
January 27, 2006
Louisiana Attorney General Charles C. Foti, Jr., announced that the following individuals have been arrested and each charged with two counts of Criminal Conspiracy to commit Medicaid Fraud and two counts of Medicaid Fraud: •Carol Morgan (aka Amelia P. Morgan, …
January 27, 2006
The wait for federal standards for home building is hampering Louisiana’s hurricane reconstruction efforts, according to Louisiana Gov. Kathleen Blanco. The Federal Emergency Management Agency is developing a new set of recommended standards for rebuilding in hurricane- and flood-prone areas. …
January 27, 2006
With Louisiana’s state-run homeowners insurance company quickly running out of money to pay claims, a banking group is trying to put a loan in place to keep it afloat. Citizen’s Property Insurance has been paying about $5 million a day …