March 10, 2015
Florida’s government may have figured out a way to beat climate change: ignore it. A report by the Florida Center for Investigative Reporting (FCIR) published Sunday details the claims by employees of the Florida Department of Environmental Protection, who say …
March 10, 2015
Four health insurance companies paid a combined $280,000 in fines to the Maryland Insurance Administration (MIA) for selling unapproved health insurance plans to college students in Maryland, regulators announced last week. Student health benefit plans are only available to be …
March 10, 2015
The Consumer Federation of the Southeast (CFSE) has warned that consumers will be at significant risk if Florida legislators allow transportation network companies like Uber and Lyft to follow different consumer protection standards than other transportation services in cities and …
March 10, 2015
Financial companies routinely use mandatory arbitration to block class-action lawsuits, making it difficult for consumers to win big payouts in disputes over credit cards and other products, a U.S. regulator found. When credit card issuers have faced suits seeking class- …
March 10, 2015
Florida’s insurance regulators are two years ahead of schedule in ending an assessment used to retire a bond issued by the state-backed property insurer Citizens following the eight-storm 2004-2005 hurricane season. The move codifies a decision made by Citizens Property …
March 10, 2015
Arkansas Insurance Commissioner Allen Kerr announced that long-time insurance employee, Chief Deputy Commissioner Lenita Blasingame, has decided to retire at the end of June after nearly 50 years with the Arkansas Insurance Department. Kerr named Russ Galbraith as her replacement. …
March 10, 2015
Insurance brokerage and risk management firm Integro announced its acquisition of Design Insurance Agency Inc., a specialist brokerage providing professional liability coverage and risk management services to architects, engineers and other design consultants in private practice. Financial details of the …
March 10, 2015
Advocate Reinsurance Partners LLC, a privately owned reinsurance intermediary firm based in Dallas, announced the appointments of Daniel Bilot and Jon Knutzen as partners in the firm’s new Minneapolis/St. Paul, Minn., office. The appointments further extend the firm’s capabilities and …
March 10, 2015
Fatal crashes caused by illegal cellphone use should carry penalties similar to those imposed on drunk drivers who kill, a suburban lawmaker says. The (Arlington Heights) Daily Herald reports that Rep. Robert Marwick wants aggravated use of an electronic communication …
March 10, 2015
On the heels of a recent multi-million dollar refund agreement with the state’s largest homeowners insurer, Texas Department of Insurance Commissioner David Mattax announced a revised settlement with the second largest homeowners insurer, Farmers Insurance, stemming from a 2002 lawsuit …