Latest Department of Insurance Headlines
All the headlines from our Department of Insurance Topic Page, ordered by recency.
Missouri Insurance Department Settles with Company over Travel Insurance
Feb 19 2013 // The Missouri Department of Insurance announced that Missouri consumers who bought travel insurance from Virginia Surety Co. or through Cheap Caribbean, one of its contracted agencies, may be entitled to a refund. A joint...
California Commissioner Fingers Insurers for Iran Investments
Feb 13 2013 // California Insurance Commissioner Dave Jones on Wednesday singled out eight insurers licensed to do business in the state that continue to have investments tied to Iran’s energy, military and nuclear sectors. During...
Arch to Acquire Interests in California Firm From Bankrupt PMI
Feb 8 2013 // Arch Capital Group Ltd., through its U.S.-based subsidiaries (Arch U.S. MI), will acquire all outstanding equity interests in San Francisco, Calif.-based CMG Mortgage Insurance Co. from bankrupt Arizona-based PMI Mortgage...
California Department of Insurance: $20M Rate Reduction for Homeowners
Jan 31 2013 // Insurance Commissioner Dave Jones on Thursday announced today a 35 percent rate reduction for lender-placed homeowner’s insurance coverage offered by QBE Insurance Corp. The rate reduction will result in an estimated...
Missouri Department of Insurance Closes Two Receiverships
Jan 28 2013 // The Missouri Department of Insurance announced the conclusion of the legal cases of two insurance companies that went into receivership due to insolvency. A Cole County judge ordered Transit Casualty Co. into receivership...
Michigan Governor Proposes New Department of Insurance and Finance
Jan 17 2013 // Michigan Gov. Rick Synder has proposed the creation of a new Department of Insurance and Financial Services. Snyder, who is beginning his third year as governor, said the new department will “emphasize consumer...
Missouri Department of Insurance Closes Two Receiverships
Jan 11 2013 // The Missouri Department of Insurance announced the conclusion of the legal cases of two insurance companies that went into receivership due to insolvency. A Cole County judge ordered Transit Casualty Co. into receivership...
Missouri Regulator: Barton County Mutual Back on Solid Ground
Jan 8 2013 // Financial conditions at Missouri’s Barton County Mutual Insurance Co. are strong enough that the company can be released from state oversight, a judge has ruled. A Barton County judge has granted a motion by the...
Worker’s Comp Reforms, Portable Persistency Top West’s 2012 Headlines
Dec 31 2012 // Dec. 21, 2012 came and went and the apocalypse was so lackluster as to be forgotten among the year’s myriad headlines. Now that we are all well and good, and past doomsday, here are Insurance Journal’s best...
Insurance Fraud Allegations Up in Ohio
Dec 11 2012 // Officials say the record number of insurance-fraud allegations in Ohio this year can be partly attributed to better reporting of suspected incidents and difficult economic times that push some people into illegal...
Deadline Nears to Claim 2008 Louisiana Citizens Assessment Rebate
Dec 10 2012 // Louisiana Insurance Commissioner Jim Donelon and Department of Revenue (LDR) Director of Customer Service Kent LaPlace are reminding property insurance policyholders that time is running out to claim a rebate for the...
Henderson Named Deputy Commissioner of Consumer Advocacy in Louisiana
Nov 5 2012 // Commissioner of Insurance Jim Donelon announced that Ron C. Henderson has been appointed Deputy Commissioner of Consumer Advocacy for the Louisiana Department of Insurance. As head of the Office of Consumer Advocacy,...
Ohio Agent Tax Lien Program Nets $5.3 Million Since 2011
Nov 2 2012 // Ohio Lt. Governor and Dept. of Insurance Director Mary Taylor announced that an agent tax lien program that has collected more than $5.3 million in unpaid income tax, sales tax and workers compensation premium payments....
Kentucky Cease Order for Christians-Only Health Plan Goes Into Effect
Nov 1 2012 // Members of a Christians-only health insurance plan will lose their coverage on Thursday under a judge’s order to cease operations. Franklin County Circuit Judge Thomas Wingate found that Medi-Share doesn’t...
Texas Lawmaker: Windpool’s Ike Litigation Costs Still Rising
Oct 29 2012 // Texas’ insurer of last resort for coastal property has paid out more than $1.2 billion in individual litigation costs related to Hurricane Ike, which struck in 2008, one state lawmaker says. Information released by...
Kentucky Urges Residents to Replace Medi-Share
Oct 22 2012 // Members of a Christians-only health insurance plan that has been ordered to cease operations in Kentucky should get different policies immediately, the state Department of Insurance advised. The move follows Franklin...
Missouri Recovers Nearly $8M for Consumers in First 9 Months of 2012
Oct 17 2012 // Consumers who filed complaints with the Missouri Department of Insurance have received almost $8 million in additional claims payments from their insurance companies in the nine months of 2012. The department said it has...
Judge Shuts Down Christian Health Ministry Medi-Share in Kentucky
Oct 4 2012 // A Christians-only health care ministry must cease operations in Kentucky unless it can get regulatory approval from the state Department of Insurance, a judge ruled this week. The ruling by Franklin County Circuit Judge...
Kentucky Bill Would Allow Christian Ministry’s Medi-Share Plan
Sep 3 2012 // A Christians-only health care ministry that’s battling in court for the right to continue operating in Kentucky could get a reprieve from the Legislature. Sen. Tom Buford, chairman of the Senate Banking and Insurance...
Kentucky Judge to Review Christians-Only Health Plan Case
Aug 8 2012 // A judge will consider whether a Christians-only health care plan should be held in contempt of court more than a year after the Kentucky Supreme Court subjected it to stricter regulations that could have meant its demise...
