Latest Department of Insurance Headlines

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

TDI Offers Settlement Proposal to Farmers

Sep 25 2002 // As rumors and speculation swirled about whether Farmers Insurance is planning to completely withdraw from the Texas homeowners market, the Texas Department of Insurance (TDI) proposed a resolution to its dispute with...

N.C. Sentences Pair for Alleged Embezzlement

Sep 10 2002 // In separate cases, courts in North Carolina convicted two women for alleged embezzlement and insurance fraud. According to the North Carolina Department of Insurance, Hillsborough resident Linda Kay Fleshman, formerly a...

Seibels Bruce Group Discloses Order from Ariz. Dept. of Insurance

Aug 28 2002 // The Seibels Bruce Group Inc. announced that it received a Consent Order issued yesterday from the Arizona Department of Insurance (AZDOI) suspending the certificate of authority held by its subsidiary, Consolidated...

Agents Turn to State Department Web Sites to Stay on Top of Information

Aug 19 2002 // Whether it is obtaining information on licensing or getting the latest updates on fraud, many agents across the country rely on their respective state’s insurance department Web sites to get useful information. From...

MENDOZA CRITICAL OF GARAMENDI AS CALIF. COMMISSIONER RACE HEATS UP

Aug 5 2002 // Gary Mendoza, Republican Nominee for Insurance Commissioner, has criticized John Garamendi’s attempt to reportedly create more political patronage positions in the Department of Insurance. A recent column by...

MENDOZA CRITICAL OF GARAMENDI AS CALIF. COMMISSIONER RACE HEATS UP

Aug 5 2002 // Gary Mendoza, Republican Nominee for Insurance Commissioner, has criticized John Garamendi’s attempt to reportedly create more political patronage positions in the Department of Insurance. A recent column by...

National Task Force Adds New Members

Jul 19 2002 // Five insurance regulators and one insurer have joined the NeighborWorks® National Insurance Task Force (NITF). Convened by the Neighborhood Reinvestment Corporation in 1994, NITF works to develop partnerships between the...

Mendoza Critical of Garamendi as Calif. Commissioner Race Heats Up

Jul 17 2002 // Gary Mendoza, Republican Nominee for Insurance Commissioner, has criticized John Garamendi’s attempt to reportedly create more political patronage positions in the Department of Insurance. A column in the July 15...

S.C. Legislative Session Ends with Good News for Insurers

Jun 21 2002 // The 2002 session of the South Carolina legislature wrapped up last week on a positive note for the insurance industry, which saw victories on issues including credit scoring, commercial modernization, and producer...

Ohio Director Weighs In on Premium Payment Lawsuit

Jun 13 2002 // Ohio Insurance Director Lee Covington filed a court action seeking to persuade a New Mexico court not to impose another state’s insurance laws and increased costs on Ohio insurance consumers. According to the Ohio...

AIA and NAII Oppose California’s SB 1763

Jun 10 2002 // California senators recently approved Senate Bill 1763, designed to restrict insurance companies from writing mold and liability restrictions into their policies. The bill, which was introduced by Senator Deborah Ortiz...

Ind. to Hold Public Hearings on Agent CE, Credit Scoring

Jun 7 2002 // The Indiana Department of Insurance will hold back-to-back public hearings on two proposed rules on June 13. At 10:00 a.m. the department will hold a hearing on a proposed amendment to 760 IAC 1-50 regarding insurance...

Calif. Commissioner Sends Warning to State Fund

Jun 7 2002 // In an unprecedented move, California Insurance Commissioner Harry Low has disclosed a letter to the public that he sent to the president of the California State Compensation Insurance Fund. The letter, dated May 29, and...

Missouri’s Lakin to Moderate Kansas City Roundtable

May 22 2002 // The Missouri Department of Insurance announced that its director, Scott B. Lakin, will hosed a public roundtable discussion on key issues facing consumers and regulators in Kansas City on May 23. Five state insurance...

NAII Says Amendments to Calif. Regulations Makes Claims Handling More Difficult, Expensive for Insur

May 9 2002 // Proposed amendments to California’s fair claims settlements practices regulations exceed the Department of Insurance’s authority and would prevent insurers from settling claims in a prompt, efficient, and fair...

Is the Texas Personal Auto Market Another Homeowners in the Making’

Apr 29 2002 // The personal automobile insurance market in Texas may not be approaching the crisis level at which the homeowners market currently finds itself, but signs indicate that it may be in for a rough ride. According to the Texas...

Ohio Insurance Director Files to Intervene in New Mexico Lawsuit

Feb 25 2002 // Ohio Insurance Director Lee Covington filed a petition to intervene in a New Mexico lawsuit that, according to the Ohio Department of Insurance, could impose another state’s insurance laws and increased costs on Ohio...

Ohio One of First States to Eliminate Paper Filings for Insurers

Feb 14 2002 // Ohio Department of Insurance Director Lee Covington announced that Ohio is among the first states to no longer require insurance companies to make paper financial statement filings to the Department of Insurance. The...

Ohio Insurance Director Revokes Agent’s License

Feb 13 2002 // Ohio Department of Insurance Director Lee Covington revoked the insurance license of George J. Fiorini II of Cincinnati and the Fiorini Agency. Covington took the action after finding that Fiorini had allegedly committed...

Insurance Commissioner Candidate Umberg Answers Patriotic Call to Duty

Jan 14 2002 // As important as being named the next Insurance Commissioner of California is to Tom Umberg, the obligation he felt to serve his country in the wake of Sept. 11 was greater. Umberg, a Colonel in the U.S. Army Reserves,...