Missouri Department of Insurance News

Missouri Settles with Major Health Insurer over Claim Denials

Missouri insurance regulators announced a million-dollar settlement with a major health insurer over alleged violations that include denying childhood immunization and cancer screening claims. The Missouri Department of Insurance settled with Time Insurance Co., Union Security Insurance Co. and John …

Sheffield to Lead Missouri’s Captive Insurance Program

Missouri Department of Insurance has named Maria Sheffield as its new captive program manager. Sheffield has 17 years of insurance regulatory experience as an accomplished attorney and former insurance regulator. Sheffield began her insurance career at the Georgia Department of …

Missouri Insurance Department Returns $6.2M to Consumers in Q1 2013

The Missouri Department of Insurance announced that consumers who filed complaints against their insurance companies received an additional $6.2 million in claim payments in the first quarter of 2013. “Consumers should not assume that they’ve run out of options if …

Former Missouri Agent Pleads Guilty to Insurance Fraud Charges

A former St. Louis County insurance agent has pleaded guilty to 20 counts of fraud and theft charges, the Missouri Department of Insurance. After an investigation by the St. Louis County Police Department with the support of the insurance department, …

Missouri Regulators Reach $2M Settlement with Travel Insurance Company

The Missouri Department of Insurance announced that Missouri consumers who purchased travel insurance policies sold by a Pennsylvania-based insurer may be entitled to a refund of nearly $2 million. The policies were sold by the National Union Fire Insurance Co. …

St. Louis County Police Commend Missouri Insurance Fraud Investigator

The St. Louis County Board of Police Commissioners has awarded a commendation to an investigator at the Missouri Department of Insurance for his efforts in uncovering a widespread insurance fraud operation against consumers in St. Louis. After receiving numerous complaints …

Missouri Insurance Department Settles with Company over Travel Insurance

The Missouri Department of Insurance announced that Missouri consumers who bought travel insurance from Virginia Surety Co. or through Cheap Caribbean, one of its contracted agencies, may be entitled to a refund. A joint market conduct investigation between the Missouri …

Missouri Insurance Department Returns Nearly $11M to Consumers in 2012

Consumers who filed complaints with the Missouri Department of Insurance received nearly $11 million in additional claim payments from their insurance companies in 2012, the department reported. Health insurance generated the most complaints from consumers, followed by auto and homeowners. …

Missouri Department of Insurance Closes Two Receiverships

The Missouri Department of Insurance announced the conclusion of the legal cases of two insurance companies that went into receivership due to insolvency. A Cole County judge ordered Transit Casualty Co. into receivership in November 1985. It is Missouri’s second-longest …