Monthly Archives: <span>April 2014</span>

Oklahoma to Allow ACA Non-Compliant Health Insurance Policies

Oklahoma Insurance Commissioner John Doak announced that health insurers may continue to renew policies not meeting Affordable Care Act requirements through 2016. The announcement came after the federal government released updated health care enrollment figures. As of March 1, nearly …

Dallas-Area Staged Accidents Scam Leads to Guilty Plea

A Dallas-area man has pleaded guilty to fraud in staged traffic accident schemes worth $5 million that have been going on since 2005. Prosecutors in Dallas say 61-year-old Leroy Nelson of DeSoto pleaded guilty to mail fraud and to engaging …

Houston Insurance Agents Honor Dean with Outstanding Service Award

Bob Dean, former president and CEO of Houston-based Dean & Draper Insurance Agency LP, has received a posthumous award for his unparalleled service to the insurance industry throughout his career. The Independent Insurance Agents of Houston (IIAH) honored the late …

Arkansas Regulators Warn Against Misleading Public on ACA Portals

Apparently some insurance providers, producers and others are attempting to place business through portals unlicensed to sell Affordable Care Act qualified health plans by leading consumers to believe the plans are qualified, and Arkansas Insurance Commissioner Jay Bradford wants them …

Louisiana Citizens Policyholders Receiving Application Refunds

Policyholders of Louisiana’s property insurer of last resort have begun receiving refunds for application fees that were charged to them without their knowledge, the state insurance department announced. The refunds for Louisiana Citizens Property Insurance Corp. (Citizens) policyholders are being …

People – South Central

Houston, Texas-based independent Insurance agency, Brady, Chapman, Holland & Associates Inc., elected Timothy J. Brady to senior vice president and equity partner. Prior to joining BCH, Brady gained experience in the wholesale brokerage and insurance company sectors. While at AmWINS …

North Carolina Coastal Homeowners Weigh Self-Insuring for Floods Due to Premium Hikes

Bill Cherry has seen his share of storms buffet his house and his Breezeway Restaurant and Motel near Topsail Beach in North Carolina, a slip of a barrier island just over two blocks wide. But with sharp increases in premiums …

South Carolina Coast Worries About Rising Flood Insurance Premiuns’ Effects on Historic Preservation

Charleston’s storied historic district of about 4,800 structures lies on a peninsula almost entirely in a flood plain. And there’s concern that raising premiums to help get the federal flood insurance program back in the black will make historic preservation …

Mississippi Sets Hurricane Deductible Rule

Mississippians will see uniform rules about when hurricane deductibles apply to their homeowners insurance under a law Gov. Phil Bryant signed last month. House Bill 756 requires Insurance Commissioner Mike Chaney to rule that higher deductibles apply beginning when a …

Florida Sees Drop in Auto No-Fault Questionable Claims

A national study found that Florida has seen its first decrease in questionable automobile claims since state lawmakers rewrote the no-fault law in 2012. The National Crime Insurance Bureau conducted the report that looked at claims from 2010 to 2013. …