Missouri Department of Insurance News

Missouri Non-Renews Insurance License of Northern Illinois Agency Owner, Again

The Missouri Department of Insurance has once again refused to renew the non-resident producer license of the owner of an Illinois managing general agency that has been able to continue operations despite having his license revoked or non-renewed previously in …

BCBS of Kansas City Service Provider Reports Data Breach

The Missouri Department of Insurance says the insurance information of more than 400,000 Missourians are potentially impacted by data breach at Newkirk Products Inc., a service provider that issues healthcare ID cards for Blue Cross Blue Shield of Kansas City. …

Despite Having License Revoked by 2 States, Northern Illinois Agency Continues to Operate

By taking advantage of legal appeals processes, an Illinois managing general agency has been able to continue operations for more than a year despite having its license revoked or non-renewed by two separate state insurance departments. Northern Illinois Insurance Agency, …

Under Missouri Bill, Insurance Department Would Review ACA Rate Hikes

Health insurance companies would no longer be able to raise rates for Affordable Care Act consumers in Missouri without review by a state agency under a measure awaiting the governor’s signature. Advocates say the change is long overdue. Missouri is …

Missouri Insurance Regulators Recover Millions for Consumers, Schools in 2015

The Missouri Department of Insurance announced it helped to obtain millions of dollars for citizens and schools in 2015 through regulatory intervention and penalties against insurance companies. The department also worked to overturn improper decisions made by health insurance companies, …

Deadline Announced for Missouri Insurance Education Foundation Scholarships

Missouri insurance regulators say the application deadline for Missouri Insurance Education Foundation (MIEF) scholarships is March 31. High school seniors and college students, who are Missouri residents may apply for the scholarships, according to the Missouri Department of Insurance. Four …

Talley Named Captive Program Manager at Missouri Insurance Department

The Missouri Department of Insurance has appointed John Talley as its new Captive Program Manager. Talley has nearly 25 years of insurance regulatory experience and was most recently chief of Captive Insurance Operations for the New Jersey Department of Banking …

Missouri Fines Insurer Safe Auto for Alleged Violations

Missouri motorists insured by Safe Auto may receive a refund or credit following a market conduct examination conducted by the Missouri Department of Insurance. The department contends that the auto insurer failed to provide anti-theft discounts on vehicles that qualified …

Regulator: Missouri Now Has $100B in Property Uninsured for Quakes

Angela Nelson, director of the Division of Market Regulation for the Missouri Department of Insurance, said the state now faces an earthquake coverage crisis and that the value of uninsured residential property in the state is nearing $100 billion. She …

Missouri Fines Health Insurer Cigna for Various Violations

The Missouri Department of Insurance has fined Cigna subsidiaries $140,800 for using unapproved forms, incorrectly denying chiropractic claims, charging copayments of more than 50 percent and failing to send an explanation of benefits to members. “Our market conduct team uncovered …