The Missouri Department of Insurance has issued a bulletin to Missouri insurers reminding them that the rating practice generally known as “price optimization” is prohibited in the state. “Price optimization” is the practice of measuring and modifying insurance prices based …
Missouri Department of Insurance Director John M. Huff has appointed five veteran regulators to new and expanded leadership roles. Angela Nelson, director of the Market Regulation Division, has been tasked with the additional responsibility of chief industry liaison where she …
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 …
Missouri Department of Insurance Director John M. Huff has received the Distinguished Service Award from the National Association of Insurance Commissioners. He was recognized for his tenure on the U.S. Department of Treasury’s Financial Stability Oversight Council (FSOC). “I am …
