Monthly Archives: <span>February 2016</span>

Connecticut Recovered $6M for Consumers in 2015

Connecticut Insurance Commissioner Katharine L. Wade announced that the Connecticut Insurance Department recovered approximately $6 million for policyholders and taxpayers in 2015, helping individuals and families with their claims and complaints. The Department’s Consumer Affairs Unit (CAU) fielded more than …

Pennsylvania Eyes an End to ‘Surprise’ Medical Bills

Pennsylvania’s insurance regulator is floating a proposal to protect Pennsylvanians against expensive medical bills at out-of-network rates, including emergency care. Insurance Commissioner Teresa Miller said on Jan. 19 that her goal is to take consumers out of billing disputes between …

Agents Say Blizzard Losses Relatively Light So Far

A massive blizzard, unofficially named Winter Storm Jonas by the Weather Channel, swept through the East Coast over the Jan. 23-24 weekend. The storm brought heavy snowfall and blizzard conditions to much of the Mid-Atlantic and Northeast regions. But as …

People – East

New York’s Governor Andrew Cuomo has nominated Maria Vullo, an attorney and former staffer, as superintendent of the New York State Department of Financial Services (NYDFS). Vullo’s nomination comes eight months after the May 2015 departure of former superintendent Benjamin …

New York’s Scaffold Law Under Scrutiny

The Lawsuit Reform Alliance of New York (LRANY) said New York’s Labor Law 240, better known as the Scaffold Law, continues to drive up the cost of construction in the state. LRANY warned that the law would consume billions of …

Narragansett Bay to Write P/C Insurance in Connecticut

Narragansett Bay Insurance Company (NBIC), a Rhode Island-based specialty underwriter of homeowners insurance products and services in states along the Eastern Seaboard, said the company has been approved by the Connecticut Department of Insurance to write property/casualty insurance in Connecticut. …

Brian Maynard Appointed Kentucky Insurance Commissioner

Brian Maynard of Louisville was appointed commissioner of the Kentucky Department of Insurance on Jan. 12. Gov. Matt Bevin, who took over in December, appointed Maynard by executive order. He is now a member of the Public Protection Cabinet, which …

People – Southeast

The Florida Surplus Line Service Office (FSLSO) has promoted Bryan Young to assistant director of Agent Services. Coming into his 10th year of service at FSLSO, Young stepped into the role effective Jan. 1. During his tenure with FSLSO, Young …

Supreme Court Lets Stand South Carolina’s $124M Fine Against Drugmaker

The U.S. Supreme Court declined to hear a Johnson & Johnson subsidiary’s appeal of a $124 million penalty imposed by South Carolina after a jury found the drugmaker had improperly marketed the anti-psychotic drug Risperdal and concealed its risks. The …

North Carolina Explores Drug Formulary Option for Workers’ Comp Claims

In 2015, the North Carolina General Assembly authorized and funded a study regarding prescription drug formularies in workers’ compensation claims brought by state employees. While this statute does not create a formulary, it certainly shows that the General Assembly is …