Latest Department of Insurance Headlines
All the headlines from our Department of Insurance Topic Page, ordered by recency.
Nebraska’s Grand Island Insurance, Under Investigation, Loses Licenses
Jan 30 2009 // Three principals of a Grand Island insurance agency under investigation amid allegations of a Ponzi scheme have agreed to have their insurance licenses revoked. A state hearing had been set for next week to consider...
Nebraska Insurance Agency Faces Probe for Alleged Ponzi Scheme
Jan 23 2009 // An alleged Ponzi scheme by a Grand Island insurance agency that recently filed bankruptcy listing more than $100 million in debt is being investigated. Attorney General Jon Bruning this week authorized the State...
Agents Speak Out on ‘Putting Back the Pieces’ after Brooke
Dec 4 2008 // “Technically, Brooke Franchise owes me $7 million, but who knows if I will ever see it,” said Roger Cunningham, former Brooke franchisee and agent/owner of RKC Financial in the Dallas/Fort Worth Texas,...
Agents Speak Out on ‘Putting Back the Pieces’ After Brooke
Nov 30 2008 // Brooke Group Declares Bankruptcy, Faces Rico Charges, More Lawsuits Technically, Brooke Franchise owes me $7 million, but who knows if I will ever see it,” said Roger Cunningham, former Brooke franchisee and...
A Good Win in North Carolina for Experience
Nov 30 2008 // New Chief Plans a Blog, Statewide Agent Meetings and a Solution for Coastal Property Owners and Insurers On Nov. 4, Democrat Wayne Goodwin won election as North Carolina Insurance Commissioner with 52 percent of the vote,...
California Deploys Enforcement Officers in Santa Barbara
Nov 24 2008 // California Insurance Commissioner Steve Poizner has activated a disaster fraud task force in Santa Barbara, which includes the California Department of Insurance (CDI) Fraud and Investigation Divisions, the Santa Barbara...
Louisiana Agent Charged with Pocketing Fraudulent Commissions
Nov 20 2008 // A Baton Rouge, La., insurance agent has been arrested, issued a cease and desist order, a notice of license revocation and a fine for insurance fraud, theft and forgery. The Louisiana Department of Insurance alleges...
Brooke Corp. Troubles Continue as Stock is Sold
Nov 16 2008 // Kansas Franchise Group Faces Lawsuits in Multiple States Amid the flurry of lawsuits leveled by franchisees, now an Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has...
California Warns Consumers of Brooke Policies
Nov 7 2008 // California Insurance Commissioner Steve Poizner encouraged consumers who have purchased insurance policies through Brooke franchises to verify their coverage, in light of recent closures at Brooke. It is unlikely that an...
Louisiana Agents Arrested on Fraud Charges
Nov 6 2008 // Two Ferriday, La., area insurance agents recently were arrested and issued cease and desist orders, summary suspensions and fine notices for violating various provisions of Louisiana’s insurance code. The Louisiana...
Brooke Corp. Troubles Continue as Stock is Sold
Nov 2 2008 // Kansas Franchise Group Faces Lawsuits in Multiple States Amid the flurry of lawsuits leveled by franchisees, now an Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has...
Texas Nonfatal Workplace Injury/Illness Rate at 5-Year Low in 2007
Oct 29 2008 // A total of 252,784 nonfatal injuries and illnesses were reported by private industry workplaces in Texas during 2007, the Texas Department of Insurance reported. The resulting rate of 3.4 cases per 100 equivalent full-time...
Louisiana Producer Charged With Submitting Falsified Claims
Oct 16 2008 // An Alexandria, La., licensed insurance producer has been issued a cease and desist order and summary suspension for allegedly submitting falsified claims, the Louisiana Department of Insurance reported. Stacy Buie...
Louisiana Regulator Honored by National Insurance Society
Oct 8 2008 // Ron Musser, the assistant commissioner of Financial Solvency for the Louisiana Department of Insurance, has received the Al Greer Achievement Award from the Insurance Regulatory Examiners Society (IRES), the department...
Brooke Corp. Faces Lawsuits by Illinois and New York Banks
Oct 3 2008 // Overland Park, Kansas-based Brooke Corp. faces a lawsuit by a bank that is seeking $13 million plus interest and costs for breach of contract. The suit was filed the last week in September 2008 in federal court in Illinois...
California Department of Insurance Recognized for Information Technology Improvement
Sep 29 2008 // The National Association of Chief Information Officers (NASCIO) has awarded the California Department of Insurance third place in the 2008 Recognition Awards for Outstanding Achievement in the Field of Information...
Alabama Chief Examiner to Lead Society of Financial Examiners
Sep 24 2008 // Richard Ford, chief examiner of the Alabama Department of Insurance since 1993, accepted election as president of the Society of Financial Examiners at the organization’s recent annual meeting in Nashville, Tenn. At...
Alabama Department of Insurance Introduces New Commissioner
Sep 17 2008 // Jim L. Ridling began his new job as Alabama Insurance Commissioner on Sept. 15 under appointment by Gov. Bob Riley Ridling entered a management training program in 1967 with Fireman’s Fund Insurance. This lead to...
Unlicensed Adjusters Coming to Kentucky Must File State Form
Sep 17 2008 // Companies sending unlicensed adjusters to Kentucky to assist with the large number of claims from the Sept. 13 and Sept.14 storms must complete state form 8307, according to the Kentucky Department of Insurance. The form...
La. Regulators Suspend Cancellations, Nonrenewals with Emergency Rule
Sep 11 2008 // The Louisiana Department of Insurance on Sept. 10 issued Emergency Rule 24, which addresses premium renewals, cancellations, claim filings and other insurance-related matters affecting Louisiana citizens impacted by...
