Pennsylvania Insurance Department News

Pennsylvania Court Approves Liquidation of Two Insurance Companies

The Commonwealth Court in Pennsylvania has approved petitions to liquidate Penn Treaty Network America Insurance Company and American Network Insurance Company, with policyholder claims set to be paid through the state guaranty association system subject to statutory limits and conditions. …

Pennsylvania Insurance Commissioner to Chair National Task Force on Senior Issues

Pennsylvania Insurance Commissioner Teresa Miller will chair a task force as part of the National Association of Insurance Commissioners (NAIC) that will examine issues that impact senior insurance consumers. Commissioner Miller’s appointment was announced by Wisconsin Commissioner of Insurance Theodore …

Private Flood Insurance a Focus for Pennsylvania Insurance Department in 2017

The Pennsylvania Insurance Department has a plan to continue furthering its initiatives within the private flood insurance market in 2017. This comes after the North Central part of the state of Pennsylvania saw flooding in many areas outside of identified …

National Study Finds Pennsylvania Improved in State Workers’ Comp Costs

A national study conducted by The Oregon Department of Consumer and Business Services shows Pennsylvania has improved its standing among states under Governor Tom Wolf’s administration in workers’ compensation insurance costs, Governor Wolf announced. The study ranks Pennsylvania 26th highest …

Pennsylvania Helps High School Students Better Understand Auto Insurance

Pennsylvania education secretary Pedro Rivera and Insurance Commissioner Teresa Miller are focusing on helping high school students better understand car insurance. An interactive lesson titled “Insurance 101” was recently debuted for educators and students at Central Dauphin East High School …

New Inflation Requirements for Pennsylvania Long Term Care Partnership Policies to Take Effect

Pennsylvania Insurance Commissioner Teresa Miller announced a change in guidance allowing greater flexibility in federally required inflation protection for long term care partnership policies. This flexibility means more consumer choice for Pennsylvanians and should allow insurers to mitigate or even …

Pennsylvania Advises Insurers on Arson, Insurance Fraud Reporting Rules

The Pennsylvania Insurance Department recently issued a notice to advise and remind insurers of their obligations under the state’s law in the reporting of suspected arson and insurance fraud. The department also said in its notice, “Arson and Insurance Fraud …

Pennsylvania Regulator Offers Consumer Tips for Airbnb Users

Pennsylvania Insurance Commissioner Teresa Miller is offering consumer tips for both guests and hosts of home sharing sites like Airbnb, as use of these sites may rise in Pennsylvania with the state hosting two major national events — the U.S. …

Penn. Issues Consumer Alert for Homeowners on Appealing Flood Maps

Pennsylvania Insurance Commissioner Teresa Miller issued a consumer alert this week telling homeowners about a process by which they can appeal their property’s placement in a flood zone by the federal government, which in many cases requires them to purchase …

Penn. Encourages Motorcyclists to Take Actions to Reduce Risk This Spring

Pennsylvania Insurance Commissioner Teresa Miller is advising all drivers to be aware of motorcycles, as warmer weather means more motorcyclists on Pennsylvania roadways. Miller is also encouraging motorcyclists to consider safety measures which can save lives, reduce injuries, and save …