Latest Department of Insurance Headlines
All the headlines from our Department of Insurance Topic Page, ordered by recency.
S.C. Small Employer Health Benefits Fair July 21
Jul 16 2004 // South Carolina small employers in the Lowcountry will have the opportunity to learn more about employee health benefits and other health coverage initiatives Wednesday, July 21, from 11 a.m. to 6 p.m. at the Embassy Suites...
LDI Shuts Down Baton Rouge Agency
Jul 9 2004 // The Louisiana Department of Insurance shut the doors of Banner Insurance Agency Inc. at two Baton Rouge locations, according to Commissioner of Insurance Robert Wooley. The Louisiana State Police Insurance Fraud Unit...
California Court Ruling Undermines Insurance Commissioner’s Authority
Jun 21 2004 // A ruling by the California Court of Appeals undermines state regulation and the authority of the insurance commissioner by essentially declaring rate filings approved by the Department of Insurance as invalid according to...
California Court Ruling Undermines Insurance Commissioner’s Authority
Jun 14 2004 // A ruling by the California Court of Appeals undermines state regulation and the authority of the insurance commissioner by essentially declaring rate filings approved by the Department of Insurance as invalid according to...
Former N.C. Agent Under Investigation for Embezzlement
Jun 8 2004 // North Carolina Insurance Commissioner Jim Long announced Gevedon Insurance Agency, of Columbus, is currently under criminal investigation for numerous charges of alleged embezzlement. Polk County Sheriff’s Department...
LDI Wins Louisiana Press Women Awards
May 7 2004 // The “Ask Robert Wooley, Your Commissioner of Insurance” consumer column has once again won a first-place award in the annual Louisiana Press Women’s communications competition. According to the Louisiana...
ACIC Responds to CDI News Conference
May 4 2004 // Sam Sorich, president of the Association of California Insurance Companies (ACIC), released a statement in response to Insurance Commissioner John Garamendi’s recent comments regarding the response of the insurance...
WCIRB Testifies at CDI Public Hearing
Apr 30 2004 // On April 29, the WCIRB testified at a California Department of Insurance (CDI) public hearing called to assess the impact of the recently-enacted Senate Bill 899 (SB 899) on advisory pure premium rates effective July 1,...
Court Decision Threatens Stability in California’s Insurance Market
Apr 19 2004 // If after 16 years of off-and-on court cases, attempting to interpret the ambiguous and contradictory language of Proposition 103 isn’t enough, this month, another interpretation came down from the Second District...
Ohio Governor Signs Med-Mal Stabilization Bill
Apr 13 2004 // Calling the ongoing escalation in medical malpractice insurance rates “a threat to doctors and their patients,” Ohio Governor Bob Taft on Monday signed House Bill 282 authorizing establishment of a new Medical...
Up for Sale: Success in Today’s Homeowners Market
Apr 5 2004 // States show signs of stability, but problem areas remain Despite continuing availability issues and sky-high loss ratios, the U.S. homeowners market is stabilizing as a whole. Of course, most industry observers who make...
Surplus Lines Products For Homeowners – Salvation or Cause for Concern’
Apr 5 2004 // In 2004, the California homeowners and dwelling marketplace continues to erode. In October 2003, catastrophic wildfires destroyed 790,000 acres of brush and forest land, and along the way destroyed 3640 homes, 1141...
Louisiana Agent Arrested on Felony Theft Charges
Mar 26 2004 // The Louisiana Department of Insurance announced that a Mandeville, La., insurance producer (agent) was shut down and booked on charges of felony theft and insurance fraud involving misappropriation of premiums. Allen James...
Auto Club’s Affiliate Files for 5 Percent Rate Reduction
Mar 22 2004 // The Interinsurance Exchange of the Auto Club filed with the state Department of Insurance for an overall 5 percent reduction in its California auto insurance rates. The rate reduction should save Auto Club policyholders an...
TDI: Data Shows Improvement in Homeowners Market
Mar 16 2004 // The Texas homeowners insurance market has turned the corner and is regaining momentum to be more competitive, according to year-end reports that carriers file with the Texas Department of Insurance (TDI). TDI said the top...
Ala. Department of Insurance Unveils Updated Web Site
Mar 9 2004 // The Alabama Department of Insurance has launched an updated Web site. It remains at the same address, which is http://www.aldoi.gov/. The new site, designed by department webmaster Jelene Hardy, should reportedly provide...
New Orleans Bail Bondsman Loses Insurance Licenses
Mar 8 2004 // The Louisiana Department of Insurance announced that a bail bond agent operating in the Greater New Orleans area and beyond signed a departmental “Consent to Voluntary Revocation” document, which revokes all...
Missouri DOI Finds Insurance Scoring Harms Poor, Minorities
Feb 23 2004 // Insurers’ use of credit scoring in underwriting and rating personal lines insurance harms poor and minority policyholders in Missouri, according to a study released by the state’s insurance department. The...
Flood Outlines Fraud-Fighting Needs at TCIF
Feb 12 2004 // Elliott Flood, vice president of special investigations for Texas Mutual Insurance Company, addressed the Texas Committee on Insurance Fraud (TCIF) recently. Flood discussed workers’ compensation fraud, one of...
LDI Shuts Down Bogus Insurance Operator
Jan 29 2004 // The Louisiana Department of Insurance Fraud Unit investigators served Dereius Djuan Davis of Alexandria with a cease and desist order, prohibiting him from conducting any kind of insurance business in Louisiana, according...
