North Dakota insurance regulators have fined two mutual insurance companies $10,000 each for operating outside their authorized territories. State Insurance Commissioner Adam Hamm says his office fined West McLean Farmers Mutual Insurance Co. of Minot and Cando-based Family Mutual Insurance …
Final disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) for September include $118,000 in fines, the department announced. Final disciplinary orders for September 2011, in alphabetical order, are: Accident Fund Insurance Co. of America …
UK insurance broker Willis Limited, a subsidiary of Willis Group Holdings, announced that it has reached a settlement with the Financial Services Authority (FSA) for breaches of the FSA Handbook. Willis explained that the findings principally concern the way it …
Final disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) for May 2011 resulted in more than $70,000 in fines. Division of Workers’ Compensation final disciplinary orders for May 2011 include (in alphabetical order): American …
A federal judge has declined to reduce the $1 million fine and $2 million in restitution he ordered paid by a Colorado company that admitted partial responsibility for the death of a Baton Rouge plant worker. Chief U.S. District Judge …
Tennessee insurance agents who come under investigation by the state will enjoy some new due process protections and face lower financial penalties if found in violation of any laws under a measure just signed into law. For years agents have …
Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during February 2011 resulted in fines and restitution totaling $920,170. The Texas Department of Insurance announced that the actions included six license revocations and three license denials. Numerous …
Texas Department of Insurance enforcement actions taken by Commissioner Mike Geeslin that became final during December 2010 include four license revocations, and fines and restitution totaling $574,348. Copies of Geeslin’s orders may be obtained by contacting TDI’s Public Information Office. …
