market conduct exam News

Missouri Insurance Department Settles with AIG for $1.2M after Market Conduct Exam

Missouri insurance regulators announced a $1.2 million settlement agreement with nine AIG affiliated insurance companies after a market conduct examination into their handling of workers’ compensation insurance. During the course of the examination, the department alleged AIG insurance companies failed …

Missouri Settles with Nationwide Insurance over Workers’ Comp Inconsistencies

Missouri insurance regulators announced a settlement agreement with Nationwide Agribusiness Insurance Co. and Farmland Mutual Insurance Co. following a market conduct examination into the companies’ handling of workers’ compensation insurance. Department of Insurance Director John M. Huff reported that as …