The Missouri Department of Commerce and Insurance (DCI) is recommending a 6.4 percent decrease in workers’ compensation insurance loss costs for 2023. This marks the seventh time in eight years that average workers’ compensation rates will decrease. The 6.4 percent …
The Missouri Department of Insurance announced that consumers received nearly $25 million from their insurance companies in 2021 thanks to the services provided by the department’s Consumer Affairs Division and Market Regulation Division. The revenues were returned as a result …
A new report issued by the Missouri Department of Insurance shows that earthquake insurance coverage in the highest risk areas of Missouri has dropped to just under 14 percent. According to the department, the Earthquake Insurance Market Report highlights some …
Over a three-year period between 2016 and 2018, the Missouri Department of Insurance received almost 8,000 complaints against companies providing selected lines of insurance, according to a report recently released by the department. Seven lines of business are covered in …
Despite the fact that earthquakes present a significant hazard to Missourians, the number of homes insured against damage from earthquakes declined between 2008 and 2017, according to a Residential Earthquake Coverage Report released by the Missouri Department of Insurance. The …
Insurance education scholarships are once again being made available to Missouri high school seniors and college students, the Missouri Department of Insurance announced. The deadline to apply for the Missouri Insurance Education Foundation (MIEF) scholarships is March 31, 2019, Applicants …
The Consumer Affairs Division and Market Conduct Section at the Missouri Department of Insurance helped insurance consumers to receive an additional $16.2 million from their insurance companies in 2018, the department said. The monies were returned as a result of …
Missouri Department of Insurance, Financial Institutions & Professional Registration (DIFP) Director Chlora Lindley-Myers has been appointed chair of the Market Regulation and Consumer Affairs (D) Committee for the National Association of Insurance Commissioners (NAIC). The mission of the committee is …
Sick or injured Missouri residents who need air ambulance services face thousands of dollars in bills and sometimes aggressive collection efforts if they cannot pay, according to a state report. The average bill after insurance for people who needed air …
Angela Nelson, director of the Division of Market Regulation and Chief Industry Liaison at the Missouri Department of Insurance has been selected as the 2018 recipient of the Paul DeAngelo Memorial Teaching Award given by the Insurance Regulatory Examiners Society …
