Latest Department of Insurance Headlines
All the headlines from our Department of Insurance Topic Page, ordered by recency.
Status of Agent vs. Brokers in California
Jan 26 2004 // The distinction between an agent and broker has had increased significance in California following Proposition 103 as brokers may charge broker fees and agents may not. Producers rely heavily on broker fee income due to...
Fraud Targeted by New Texas Initiative
Jan 14 2004 // With the creation of the Texas Committee on Insurance Fraud, the Texas insurance industry, state and county agencies, and national organizations are pulling together for the first time a coordinated effort to battle...
THE SEIBELS BRUCE GROUP RECEIVES APPROVAL TO RESUME WRITING NEW COMMERCIAL LINES BUSINESS IN TENN:
Jan 12 2004 // The Seibels Bruce Group Inc. has received approval from the Tennessee Department of Insurance allowing subsidiary Catawba Insurance Company (CIC) to resume writing new risk-bearing commercial lines business in Tennessee....
New Doctor-Owned Company Gets Go-Ahead from Ky. Department
Dec 31 2003 // Healthcare Underwriters Group of Kentucky (HUGKY), a medical professional liability insurance company owned by Kentucky doctors, has received authorization from the Kentucky Department of Insurance to begin operations. The...
LDI Employees Face Fraud Charges
Dec 22 2003 // The Louisiana Department of Insurance announced that two department employees have been arrested for Public Bribery and Conspiracy to Commit Public Bribery. According to the LDI, in February 2001 the Louisiana State Police...
LDI Employees Face Fraud Charges
Dec 19 2003 // The Louisiana Department of Insurance announced that two department employees have been arrested for Public Bribery and Conspiracy to Commit Public Bribery. According to the LDI, in February 2001 the Louisiana State Police...
New Mo. Law Requires Revocation of Producer Licenses for Unpaid Income Taxes
Dec 5 2003 // Missouri’s House Bill 600 has taken effect, requiring persons with professional licenses to file and pay their state taxes or face license revocation. Affected under the legislation are Missouri Department of...
LA. AGENT ARRESTED:
Dec 1 2003 // A Ruston, La. insurance agent with expired licenses was issued a cease and desist order in the wake of his arrest on charges of felony theft and insurance fraud. According to the Louisiana Department of Insurance the...
Louisiana Agent Arrested for Fraud, Theft
Nov 18 2003 // The Louisiana Department of Insurance announced that a Ruston, La., insurance agent whose licenses recently expired was issued a cease and desist order in the wake of his arrest on charges of felony theft and insurance...
La. Agent Arrested, License Suspended
Nov 10 2003 // A Baton Rouge, La. insurance agent (producer) was arrested, had his insurance license suspended and was ordered to cease and desist from doing any insurance business for allegedly misappropriating insurance funds,...
Wooley, Kyle Battle for Louisiana’s Top Insurance Job
Nov 3 2003 // And then there were two. That is the scenario for this month’s runoff election (Nov. 15) in the race to be the next insurance commissioner in Louisiana. The Oct. 4 primaries brought the field of candidates down to...
Alliance Urges Against Mo. Mold Cover Mandate
Oct 29 2003 // The Alliance of American Insurers has urged the Missouri Department of Insurance not to issue a proposed bulletin that would require insurers to provide coverage for mold damage in personal lines policies. “The...
Tenn. Attorney Sentenced on Miss. Charges in Frankel Scam
Oct 29 2003 // A Tennessee attorney has been sentenced on Mississippi charges in the Martin Frankel scam. Attorney General Mike Moore announced the sentencing of John Jordan for his reported role in the Frankel insurance scam. In April...
The Seibels Bruce Group Receives Approval to Resume Writing New Commercial Lines Business in Tenn.
Oct 24 2003 // The Seibels Bruce Group, Inc. has received approval from the Tennessee Department of Insurance allowing subsidiary Catawba Insurance Company (CIC) to resume writing new risk-bearing commercial lines business in Tennessee....
Louisiana Commissioner Shuts Down Bail Bond Agent
Sep 22 2003 // In the latest investigation of insurance fraud across the state, Louisiana Insurance Commissioner Robert Wooley announced that a bail bond agent operating in the Greater New Orleans area and beyond was ordered to cease and...
Louisiana Shuts Down Agent for Multiple Violations
Sep 12 2003 // Louisiana Insurance Commissioner Robert Wooley announced that a former insurance agent (producer) in Haynesville, La., was ordered to cease and desist from all activity in the business of insurance in the latest...
CWCI’s Nolan Discusses Calif. Workers’ Comp Marketplace
Sep 8 2003 // Insurance Journal staff writer Cynthia Beisiegel recently met up with Michael Nolan, president of the California Workers’ Compensation Institute (CWCI) at the ACIC XIV Annual General Counsel Seminar in Las Vegas....
Former Louisiana Agent Arrested
Aug 25 2003 // The Louisiana Department of Insurance announced that a former Hammond insurance agent was arrested and issued a Cease and Desist Order for allegedly misappropriating insurance funds. DOI Fraud Unit investigators served Lee...
Ariz. Director of Insurance Resigns
Aug 8 2003 // Charles Cohen announced that he is resigning as Arizona state Director of Insurance, effective October 24, 2003. Cohen, an attorney, began representing the Department of Insurance as an Assistant Attorney General in 1987....
Territorial Rating Back on Radar Screen in Calif., ACIC Says
Jul 15 2003 // The California Department of Insurance recently accepted a petition that would change how automobile insurance rates are set in California. The petition, proposed by consumer groups, would restrict the importance that...
