May 4, 2020
The employees of the state agency in charge of regulating the insurance industry in Texas might not put it this way, but in a sense, operationally at least, they have been preparing for the current health crisis brought on by …
May 4, 2020
Texas’ high court recently reversed the ruling of an appeals court in a case involving whether an insurer’s payment of an appraisal award negates an insured’s claim against the carrier under the Texas Prompt Payment of Claims Act (TPPCA). In …
May 4, 2020
Two consumer groups said on April 23 that some of the largest U.S. auto insurers, including billionaire Warren Buffett’s Geico Corp., are short-changing customers on premium rebates as Americans drive less due to stay-at-home orders aimed at curbing the coronavirus …
May 4, 2020
The U.S. Supreme Court in late April ruled in favor of health insurers seeking $12 billion from the federal government under a program set up by the Obamacare law aimed at encouraging them to offer medical coverage to previously uninsured …
May 4, 2020
More details on TDI’s adjusted rules for agent licensing and continuing education can be found on the department’s website: tdi.texas.gov. Below are some highlights: New and Temporary Licenses On April 22, TDI noted that some testing sites for agent and …
May 4, 2020
Just Because It’s Not Covered Doesn’t Mean It’s Not Covered … The Entirety of Contract Doctrine – Part 1 An invariable practice of the late, great Don Malecki, CPCU, was that, when serving as an expert witness in a contested …
May 4, 2020
More than 15,600 insurance claims seeking more than $1.1 billion have been filed in Tennessee over deadly tornadoes that tore through the state early last month, state officials said last month. Tennessee Department of Commerce and Insurance Commissioner Hodgen Mainda …
May 4, 2020
Workers’ compensation leaders are being urged to move away from thinking primarily about how best to prevent and treat a worker’s physical injury to considering how to help the whole worker. It’s a daunting assignment given the variety of ways …
May 4, 2020
The Florida Division of Agent and Agency Services will resume its ability to begin processing insurance agent licenses despite the closure of testing centers around the state, under a directive from Florida CFO Jimmy Patronis. This directive issued April 17 …
May 4, 2020
Aon announced it will temporarily cut the pay by 50% of the company’s named executive officers in response to the COVID-19 crisis. In addition, 70% of its global workforce will see a 20% reduction in their salaries, while approximately 30% …