insurance premiums News

Driver Fairness Bill Passes Delaware General Assembly

The Delaware State Senate has voted nearly unanimously (24-1) to pass House Substitute 1 for House Bill 80 (HS 1 for HB 80). This measure, a substitute to the Department of Insurance’s original HB 80, targets unfair discriminatory practices used …

New York Approves Workers’ Comp Renewal Notice Legislation

Final legislation has been approved in New York that aims to enable insurance agents to better serve workers’ compensation clients if signed into law by Governor Andrew Cuomo. The legislation was developed by the Independent Insurance Agents & Brokers of …

Tennessee Insurance Producer Fined $400K for Misappropriation of Client Premiums

The Tennessee Department of Commerce and Insurance (TDCI) has taken disciplinary action against Carey R. Carroll, Jr., a Knoxville-based former Tennessee insurance producer who was found to have violated multiple provisions of Tennessee law resulting in a $400,000 penalty and …

New Mexico to go after $193M in Premium Taxes

New Mexico failed to collect at least $193 million in taxes on insurance premiums over the past five years, even as the state struggles this year to close a major budget shortfall, according to an independent review of collections. New …

California Insurance Agent Faces Felony Charges for Pocketing Auto Premiums

Anthony John Diaz, 35, was arraigned today in the Fresno County Superior Court in California to answer charges that he allegedly stole insurance premiums from policyholders. Diaz was arrested earlier this month by California Department of Insurance detectives and booked …

Expert Sounds off on Legal, Insurance Issues of Self-driving Cars

Editor’s note: To hear the full interview click on the podcast above or visit www.insuarncejournal.tv. Hilary Rowen, a partner in the law firm of Sedgwick LLP in Sacramento, Calif., for the last three years, has been analyzing and following the …

Both Sides of California’s Health Rate Initiative Make Prop. 103 Comparison

Opponents of Proposition 45 on the upcoming California ballot like to draw a comparison with Proposition 103, the state’s primary auto insurance law. So do its backers. Prop. 45 seems to have slipped in the polls. A Field Poll in …

Maine’s Insurance Rates Lowest in New England, Gov. LePage Says

Maine’s Republican Gov. Paul LePage’s administration says Maine’s auto and homeowners insurance rates are the lowest in New England and among the lowest in the country. The Maine Bureau of Insurance is pointing to recently released reports from the National …

Northern California Agent Nabbed For Bogus Insurance Certificates

Property/casualty agent Rodger Edward Winkler, 64, a was arrested by Shasta County District Attorney investigators in Northern California and charged with numerous felonies, including grand theft, insurance fraud and petty theft. The charges stem from Winkler allegedly collecting insurance premiums …

Oregon Looks At Beefing Up Health Insurance Premium Reviews

Oregon health officials are considering whether to use the state’s authority to approve or reject health insurance premiums as a tool to drive down health care costs. The idea is one of several suggestions for improving the health care system …