April 18, 2017
Waivers granted in Pennsylvania and many other states to allow convicted felons to become insurance agents have sometimes missed ongoing violations, a newspaper reported. The Philadelphia Inquirer reports that since 2004 the state Insurance Department has issued 111 waivers to …
March 27, 2017
A U.S. appeals court in New York on Friday weighed arguments over whether Uber Technologies Inc. customers gave up their right to sue the company when they registered for its popular taxi hailing service. The case could have wider implications …
December 5, 2014
North Dakota’s insurance department has levied a $60,000 fine against the state’s largest health insurer for violating state law. Noridian Mutual Insurance Co. does business as Blue Cross Blue Shield of North Dakota. Insurance Commissioner Adam Hamm says a state …
August 19, 2013
Federal officials have cited a San Antonio, Texas-based cabinet manufacturer with 29 safety and health violations and a proposed penalty of $267,434. The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Cardell Cabinetry LLC for failing to …
July 10, 2013
South Dakota’s Division of Insurance has levied a $325,000 fine against a Nebraska-based insurer for violating South Dakota laws and regulations. It is the largest such fine in South Dakota history, Insurance Division officials said. It comes after a three-year …
October 31, 2012
Attorney General Chris Koster announced he has reached a settlement with Innovative Wealth Builders Inc., requiring the Florida business to pay $36,000 in penalties and to abide by Missouri telemarketing laws. Koster filed a lawsuit against the business last March, …
August 7, 2012
New York’s top bank regulator threatened to strip Standard Chartered Plc of its state banking license, saying the British bank was a “rogue institution” that hid $250 billion in transactions tied to Iran, in violation of U.S. law. The New …
September 30, 2011
Delaware Insurance Commissioner Karen Weldin Stewart has fined Allstate Insurance Co. and its subsidiary Encompass Insurance Co. a total of $50,000 for violations of Delaware insurance law. The fines are contained in two separate consent orders, signed by Stewart this …
April 26, 2011
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 …