Florida’s second largest property insurer is being hit with a fine of nearly $1.3 million. Florida Insurance Commissioner Kevin McCarty announced that his office was assessing a fine against Universal Property & Casualty Insurance Co. Universal has roughly 542,000 policyholders …
A divided auto insurance industry will try again next year to change a unique regulatory system in North Carolina, which enjoys some of the lowest rates in the country. The industry will use the argument that average costs are low …
Two weeks ahead of an election deciding whether he keeps his job, North Carolina’s insurance commissioner told companies they’ll have to prove they should be allowed to increase homeowner’s premiums by a statewide average of 17.7 percent. The move by …
Under a new law designed to curb prescription pill abuse, patients with long-term conditions requiring controlled substances have to submit to urine drug tests that aren’t always covered by insurance companies. Retired nurse Cynthia Burton told the Lexington Herald-Leader that …
Florida regulators have approved an average 6.9 percent rate hike for State Farm Florida Insurance Co., which is the insurer’s fifth increase in as many years. The insurer had initially sought an average 14.9 percent increase citing hurricane and underwriting …
A judge will consider whether a Christians-only health care plan should be held in contempt of court more than a year after the Kentucky Supreme Court subjected it to stricter regulations that could have meant its demise in the state. …
Nebraska’s top regulator says insurance producers will be among the first to benefit from the state’s implementation of a national state based online regulatory system. The Nebraska Department of Insurance announced it has completed the initial phase of implementing State …
Florida regulators are looking to fast track the approval of changes in insurance company property policy forms and coverages after building up a significant backlog due to the numerous law changes enacted in the past two years. As a result …
The R Street Institute published its first research project as an independent institution today, a report card of the insurance regulatory environments in each of the 50 states. The report card builds on a series of annual reports my colleague …
On a set of 10 steps states can take to prevent injuries , 24 states scored a five or lower. Two states, California and New York, received the highest score of nine out of a possible 10, while two states …
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