Latest Department of Insurance Headlines
All the headlines from our Department of Insurance Topic Page, ordered by recency.
New Workers’ Comp Filing Submitted to California Department of Insurance
Sep 8 2017 // The Workers’ Compensation Insurance Rating Bureau on Friday submitted an amended Jan. 1, 2018 pure premium rate filing to the California Department of Insurance. The amended filing was based on the WCIRB’s...
Law’s Ambiguity a Source of Mixed Messages Over Texas Cat Claims Statute
Aug 30 2017 // Ambiguity surrounding a Texas law that goes into effect on Sept. 1 has insurance industry representatives and attorneys who represent insurance policyholders sending conflicting messages to insureds who may have suffered...
Two Delaware Residents Indicted After Insurance Fraud Investigation
Aug 30 2017 // After an investigation by the Department of Insurance Fraud Prevention Bureau, two Wilmington, Del., residents were indicted on Monday, August 7, 2017, by a New Castle County grand jury. Lisa Mitchell and Robert Jones were...
Texas Regulators Offer Guidance to Insurers on Harvey Response
Aug 29 2017 // The Texas Department of Insurance has issued several bulletins offering guidance to insurers related to Hurricane Harvey, which made landfall near Rockport, Texas, late on Aug. 25. The bulletins are in response to the...
Georgia Insurance Agent Arrested for Misappropriating Workers’ Comp Premiums
Aug 25 2017 // An insurance agent in Floyd County, Ga., has been arrested on fraud charges related to the misappropriation of insurance premiums, according to the Georgia Department of Insurance. Marshall Irwin, 56, owner and operator of...
Delaware Governor Carney Signs Insurance Consumer Fairness Bill
Aug 21 2017 // On Tuesday, Aug. 1, 2017, Delaware Governor John Carney signed into law House Substitute 1 for House Bill 80 (HS 1 for HB 80), a consumer fairness bill that targets unfair discriminatory practices by automobile and...
Increase in California Workers’ Comp Pure Premium Sent to Department of Insurance
Aug 18 2017 // The Workers’ Compensation Insurance Rating Bureau has submitted its Jan. 1, 2018 pure premium rate filing to the California Department of Insurance proposing advisory pure premium rates that average $2.01 per $100 of...
Delaware Governor Carney Signs Insurance Consumer Fairness Bill
Aug 2 2017 // On Tuesday, August 1, 2017, Delaware Governor John Carney signed into law House Substitute 1 for House Bill 80 (HS 1 for HB 80), a consumer fairness bill that targets unfair discriminatory practices by automobile and...
Exclusive: California Broker Plans Parametric Quake Product That Pays Even If No Damage
Jul 21 2017 // A California broker is promising to bring a “first-of-its-kind financial resource” that pays homeowners after an earthquake for a low monthly premium whether there’s damage to the home or not. A Berkeley,...
Louisiana Regulators Recover $4M for Insurance Policyholders
Jul 21 2017 // Insurance policyholders collected an additional $4 million in the first half of the year as a result of assistance provided by the Louisiana Department of Insurance (LDI). These funds are a result of staff from the LDI...
Former Arizona Department of Insurance Director Low Joins Kutak Rock
Jul 6 2017 // The law firm of Kutak Rock LLP has added J. Michael Low, former director of the Arizona Department of Insurance, to the firm’s insurance, regulatory and government affairs group. Low, who will represent insurers,...
Driver Fairness Bill Passes Delaware General Assembly
Jun 29 2017 // The Delaware State Senate has voted nearly unanimously (24-1) to pass House Substitute 1 for House Bill 80 (HS 1 for HB 80). This measure, a substitute to the Department of Insurance’s original HB 80, targets unfair...
Private Insurer Will No Longer Fund Fraud Prosecutions in Texas
Jun 6 2017 // Note: This article originally ran in the Texas Tribune. Thanks to new money and oversight from the Texas Legislature, the state can now pursue workers’ compensation fraud cases without relying on an unusual and...
90% of Louisiana Parishes Declared Disaster Areas in Last 18 Months
Jun 5 2017 // In advance of the start of the Atlantic hurricane season, the Louisiana Department of Insurance pointed out that over the last 18 months, nearly 90 percent of the state’s parishes have been included in major disaster...
California Department of Insurance and FAIR Plan Square off in Public Statements
Jun 1 2017 // The California Department of Insurance and the California FAIR Plan Association squared off in conflicting press releases on Thursday over a court decision that awarded a homeowner higher repair costs following a...
Zenefits to Pay North Carolina $104K to Settle Licensing Violations
May 26 2017 // The North Carolina Department of Insurance has reached a settlement agreement with YourPeople, Inc., dba Zenefits FTW Insurance Services (Zenefits) resulting in a $104,500 penalty, according to a statement from Insurance...
Texas Workers’ Comp Research Group Lays Out 2017 Agenda
May 23 2017 // The Texas Workers’ Compensation Research and Evaluation Group has released its 2017 research agenda, a blueprint for its efforts to provide critical data for decision-makers in the Texas workers’ compensation...
Schnoll Named General Counsel of California Department of Insurance
May 16 2017 // Ken Schnoll has been named general counsel for the California Department of Insurance. Schnoll has more than 30 years of experience, including work in regulatory and transactional matters with health insurers and...
Aetna Exits Delaware Health Insurance Marketplace for 2018
May 16 2017 // Aetna Inc. has informed the Delaware Department of Insurance that it will not participate in the health insurance marketplace in Delaware for 2018. As a main reason for its exit, Aetna cited an approximate $700 million...
South Carolina Insurance Director Farmer Elected as NAIC Secretary-Treasurer
May 15 2017 // South Carolina Insurance Director Ray Farmer was elected to fill the position of secretary-treasurer of the National Association of Insurance Commissioners During a Plenary meeting by members, effective immediately. Farmer...
