Monthly Archives: <span>March 2015</span>

Report: Florida Officials Banned From Saying ‘Climate Change’, ‘Global Warming’

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 …

4 Health Insurers Fined $280K in Md. for Selling Unapproved Student Plans

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 …

Consumer Advocate to Florida Lawmakers: Ridesharing Proposal ‘Hell-on-Wheels’

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 …

U.S. Consumer Bureau Moves to Restrict Mandatory Arbitration Clauses

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- …

Florida Ends Citizens Assessment Two Years Ahead of Schedule

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 …

Blasingame to Retire as Arkansas Chief Deputy Commissioner

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. …

Integro Acquires Design Insurance Agency in New York

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 …

Bilot, Knutzen Lead Advocate Reinsurance Partners’ Minneapolis/St. Paul Office

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 …

Illinois Lawmaker Wants Prison Time for Distracted Drivers in Fatal Crashes

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 …

Texas Commissioner Files Revised Farmers Insurance Refund Settlement

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 …