Latest Department of Insurance Headlines

All the headlines from our Department of Insurance Topic Page, ordered by recency.

Alabama Says Katrina Mediation Working

Oct 19 2006 // A mediation program launched by the Alabama Department of Insurance following Hurricane Katrina is bearing fruit, says Commissioner Walter A. Bell, pointing to a 90 percent success rate. “We directed the companies...

La. Agent’s Operations Shut Down

Oct 12 2006 // Louisiana Department of Insurance Fraud Investigators shut down all insurance licensing privileges of a Delhi, La., producer (agent) on multiple charges, Insurance Commissioner Donelon announced. Janis Dalene Simms...

La. Producer Arrested for Allegedly Pocketing Premium Payments

Oct 6 2006 // A Shreveport, La., producer was issued a cease and desist order and summary suspension of her license before being arrested for allegedly misappropriating insurance premium payments, forging names on various insurance...

Neb. Department to Hold Meeting on Insurance License Testing Oct. 10

Oct 6 2006 // The Nebraska Department of Insurance will hold a public meeting to provide information about the Insurance License Testing Program on Tuesday, Oct.10, 2006, at 3 p.m. in the Embassy Suites Hotel, 1040 P Street, Lincoln,...

Mo. Resident Producers Can Apply Online for License Applications

Oct 3 2006 // The Missouri Department of Insurance, Financial Institutions and Professional Registration recently announced that it is now accepting electronic license applications from Missouri resident insurance producers. This...

La. Commissioner Orders Horace Mann to Halt Cancellations, Nonrenewals

Sep 29 2006 // Louisiana Commissioner of Insurance Jim Donleon has directed Horace Mann Insurance Companies of Springfield, Ill., to immediately cease the wrongful cancellation of homeowners policies in 23 parishes and reinstate any...

The Fiess decision: Mold is out and more

Sep 25 2006 // In early 2005, the Federal Fifth Circuit Court of Appeals “certified” a very controversial state law question to the Texas Supreme Court. Certifying a question simply means that the Federal Appellate Court asks...

The Fiess decision: Mold is out and more

Sep 25 2006 // In early 2005, the Federal Fifth Circuit Court of Appeals “certified” a very controversial state law question to the Texas Supreme Court. Certifying a question simply means that the Federal Appellate Court asks...

Intracorp Workers’ Comp HCN Certified by Texas Department of Insurance

Aug 24 2006 // Philadelphia, Pa.-based Intracorp announced that the Texas Department of Insurance has certified it as a workers’ compensation health care network (WCHCN). So far, the department has approved nine networks, including...

Neb. Approves High-Risk Health Pool Rate Change of 23.5 Percent

Aug 21 2006 // The Nebraska Department of Insurance announced recently that it has approved the recommendation of the Nebraska Comprehensive Health Insurance Pool (CHIP) Board of Directors to increase the high-risk pool rates by 23.5...

Ohio Military Personnel to Benefit from $70 Million National Settlement

Aug 9 2006 // The Ohio Department of Insurance recently announced that the Department has joined a $70 million multi-state and federal settlement with Texas-domiciled American-Amicable Life Insurance Company and its affiliates regarding...

Hawaii obtains reinsurance to take control of Vesta subsidiary

Aug 7 2006 // Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the situation seems to be not as dire as previously...

Hawaii obtains reinsurance to take control of Vesta subsidiary

Aug 7 2006 // News Currents Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the situation seems to be not as dire as...

Former D.C. Captive Chief White to Direct Delaware’s Captive Effort

Jul 31 2006 // Delaware Insurance Commissioner Matt Denn has tapped William P. White, former director of the captive insurance division for Washington, D.C, to attract captive insurance companies to Delaware as administrator of a new...

Vesta Fire and Subsidiaries Headed for Liquidation in Texas

Jul 19 2006 // Vesta Fire Insurance Company (Vesta Fire) and its Texas subsidiary insurance companies have begun issuing notices to agents to cease writing new and renewal insurance business, including homeowners policies for Texas...

N.C. Settlement to Benefit 25,000 Minority-Members

Jul 10 2006 // Some 25,000 minority North Carolinians victimized by race-based premiums could benefit from a settlement agreed upon by Western and Southern Life Insurance Co. and the North Carolina Department of Insurance. The company...

S.C. DoI Monitoring Florida Select Insurance Co.’s Activities

Jul 5 2006 // The Department of Insurance has announced it is closely monitoring the activities in South Carolina of Florida Select Insurance Co. activities in the state after Florida placed the company into receivership June...

Twenty-five Suspects Indicted on Fraud by California Department of Insurance

Jun 30 2006 // Twenty-five suspects in connection with a major insurance fraud investigation dubbed “Operation Cashout” have been indicted, according to the California Department of Insurance. Twenty suspects were arrested...

California Commissioner Questions Homeowners’ Insurance Rates

Jun 30 2006 // California Insurance Commissioner John Garamendi has announced he will approve an 18 percent decrease in homeowner and renter premium rates by The Hartford Insurance Co. The Hartford’s filing for a decrease contrasts...

Mo. Department Extends Traveler’s Contract for Residual Market Plan

Jun 28 2006 // The Missouri Department of Insurance has extended Travelers Commercial Casualty Company’s contract as the insurer for the Missouri Alternative Residual Market Plan. As part of that extension, Travelers filed a...