The Missouri Department of Insurance helped consumers who filed a complaint against their insurance company receive an additional $6.3 million in claim payments in the first half of 2015. Health insurance generated the most complaints in the first half of …
The Missouri Department of Insurance announced a regulatory agreement with American Modern Insurance Group Inc. over allegations that the company charged excessive rates in lender placed homeowners policies. Missouri regulators participated in a multistate market conduct action of American Modern …
No damage was reported from a magnitude 3.6 earthquake in southeast Missouri on April 1, but the state’s insurance director says it night illustrated the need for earthquake insurance coverage The quake occurred at 10:51 p.m. and was centered near …
The Missouri Department of Insurance reported it received new information from Anthem that shows one-in-three Missourians’ personal information was compromised during a recent cyberattack on the health insurer. More than 2 million Missourians are affected by the data breach. “This …
The Missouri Department of Insurance is urging business owners in Ferguson, Mo., to check for coverage under their commercial insurance policies if they have suffered damage in the recent civil unrest. Many businesses in Ferguson suffered damage during violent protests …
The Missouri Department of Insurance, Financial Institutions & Professional Registration is seeking to contract with one or more entities to administer and provide workers’ compensation insurance for the state’s Workers’ Compensation Alternative Residual Market Plan (ARM Plan). All bidders must …
A working group of the National Association of Insurance Commissioners (NAIC) has recommended the Bermuda Monetary Authority (BMA) for approval as a “qualified jurisdiction” under the NAIC’s reinsurance regulatory modernization framework. The recommendation, if approved, would reduce collateral requirements for …
The Missouri Department of Insurance announced that Mary Johnson has been appointed chief of investigations for the department. Johnson has been the chief investigative auditor for the Missouri Attorney General’s Office since 2007. Her duties included investigating fraud, supervising auditors …
The Missouri Department of Insurance announced it reached a regulatory settlement with Healthy Alliance Life Insurance Co. and HMO Missouri Inc., subsidiaries of Anthem BlueCross BlueShield of Missouri, which are part of WellPoint Inc. As part of the settlement, these …
The Missouri Department of Insurance announced the implementation of a new online tool that allows consumers to view insurance company filing records. Missouri becomes the fifth state to use SERFF Filing Access (SFA) to make such records accessible to the …
