February 5, 2018
Missouri consumers received an additional $16.8 million from their insurance companies in 2017 with the help of the Missouri Department of Insurance’s Consumer Affairs Division and Market Conduct Section. The department said the monies were returned as a result of …
January 23, 2018
The Missouri Department of Insurance announced that high school seniors and college students who are Missouri residents are eligible to apply for Missouri Insurance Education Foundation (MIEF) scholarships. The deadline is March 31. Four, $1,500 scholarships are awarded to graduating …
December 4, 2017
The National Association of Insurance Commissioners (NAIC) has voted to re-accredit the Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP) for a full five years. This is the highest recommendation level from the NAIC’s Financial Regulation Standards and …
July 24, 2017
The Missouri Department of Insurance helped consumers who filed complaints against their insurance company receive an additional $4 million in claim payments in the first half of 2017. Health insurance generated the most complaints in the first half of 2017 …
February 2, 2017
The Missouri Department of Insurance reminds Missouri high school seniors and current college students that the application deadline for Missouri Insurance Education Foundation (MIEF) scholarships is March 31. Four $1,500 scholarships will be awarded to graduating high school seniors who …
February 1, 2017
Missouri consumers and small businesses received an additional $29 million from their insurance companies in 2016, exceeding the insurance department’s previous record of $27.4 million set in 2014. The monies were returned as a result of the Consumer Affairs Division’s …
December 27, 2016
Employers in Missouri should see a continued decrease in workers’ compensation insurance costs. The Missouri Department of Insurance is recommending a 4.6 percent decrease in workers’ comp insurance loss costs for 2017. This would mark the third year in a …
December 8, 2016
The Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP) reported that San Francisco-based employee benefits products and services provider, Zenefits, has agreed to pay a penalty of $62,000 for violations of Missouri law. The department said YourPeople Inc., …
November 15, 2016
The Missouri Department of Insurance recovered over $9 million for consumers who filed complaints against their insurance companies during the first nine months of 2016. In the first three quarters of 2016, the Consumer Affairs Division received 3,182 formal complaints. …
August 25, 2016
Missouri insurance regulators say employers in that state should see lower workers’ compensation insurance rates for the third straight year in 2017. The Missouri Department of Insurance says the National Council on Compensation Insurance (NCCI) has proposed an overall decrease …