Latest Department of Insurance Headlines
All the headlines from our Department of Insurance Topic Page, ordered by recency.
Louisiana Charter School Bus Services Firm Accused in Insurance Fraud Scam
Apr 4 2019 // The Louisiana Department of Insurance has served the owners and an employee of Scholars First LLC, a provider of bus transportation services to several New Orleans-area charter schools, with cease and desist (C&D)...
North Carolina Insurance Fraud Round-Up: January, February
Mar 13 2019 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the first two months of 2019. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to...
California Department of Insurance Issues Cease and Desist Order for Benefits Firm
Mar 4 2019 // The California Department of Insurance issued a Cease and Desist Order to NexGen Insurance Services Inc., Riverstone Capital LLC (dba Riverstone Capital Insurance Services LLC) and its owner/operators Travis O. Bugli,...
California Department of Insurance Issues Cease And Desist Order for Benefits Firm
Feb 19 2019 // The California Department of Insurance issued a Cease and Desist Order effective immediately upon NexGen Insurance Services Inc., Riverstone Capital, LLC (dba Riverstone Capital Insurance Services LLC) and its...
Mayor Establishes D.C. Financial Services Regulatory Sandbox, Innovation Council
Feb 14 2019 // District of Columbia Mayor Muriel Bowser recently established the District of Columbia Financial Services Regulatory Sandbox and Innovation Council. The council is charged with studying and reporting on the feasibility of...
What? Women Pay More Than Men for Auto Insurance? Yup.
Feb 12 2019 // It’s a widespread belief that men pay more for automobile insurance than women. But that’s only true for young adults. Several studies in 2018 and 2017 revealed that women over 25, particularly those between 40...
Causey Schedules Hearing to Settle Rate Dispute with North Carolina Insurers
Feb 11 2019 // In response to a filing by North Carolina insurers for a 17.4 percent rate increase in homeowners insurance rates, North Carolina Insurance Commissioner Mike Causey has set a Sept. 4, 2019 hearing date, saying he does not...
North Carolina Auto Insurers Request 7.6% Rate Increase
Feb 5 2019 // The annual auto insurance filing from the North Carolina Rate Bureau to the North Carolina Department of Insurance calls for an overall statewide average increase of 7.6 percent, according to a statement from Insurance...
Missouri Insurance Dept.: Insurance Education Scholarships Available
Jan 30 2019 // Insurance education scholarships are once again being made available to Missouri high school seniors and college students, the Missouri Department of Insurance announced. The deadline to apply for the Missouri Insurance...
Southeast Officials Focus on Curbing Fraud, Rising Auto Rates, Flood Insurance, Distracted Driving
Jan 29 2019 // For the seventh year in a row, the Florida insurance industry, regulators, and consumer advocates will push for reforms to the state’s assignment of benefits issue that has now become an insurance crisis, according...
Insurance Regulators’ Group NAIC Names 2019 Key Committee Leaders
Jan 15 2019 // The National Association of Insurance Commissioners (NAIC) has named its 2019 committee chairs and vice chairs. The association of state insurance regulators also assigned members to its standing committees. “The...
Southeast Officials Focus on Curbing Fraud, Rising Auto Rates, Flood Insurance, and Distracted Driving
Jan 7 2019 // For the seventh year in a row, the Florida insurance industry, regulators, and consumer advocates will push for reforms to the state’s assignment of benefits issue that has now become an insurance crisis, according...
Missouri Insurance Department Backs 3.5% Workers’ Comp Rate Decrease
Jan 4 2019 // The Missouri Department of Insurance in December recommended a 3.5 percent decrease in workers’ compensation insurance loss costs for 2019. This marks the fifth year in a row that average workers’ compensation...
New Ohio Laws Address Insurer Cybersecurity, Surplus Lines, More
Jan 2 2019 // New laws in Ohio will benefit Ohio consumers while further strengthening Ohio’s robust insurance market, according to Ohio Department of Insurance Director Jillian Froment. Among the changes made by Ohio’s...
Workers’ Comp Insurance Rates to Go Down in Louisiana
Dec 5 2018 // Rates for workers’ compensation insurance will decrease in Louisiana next year, the state insurance department announced. Louisiana Department of Insurance has approved a rate filing from the National Council on...
S.C. Department of Insurance Director Farmer Named President-Elect at NAIC
Nov 21 2018 // South Carolina Department of Insurance Director Ray Farmer was elected to the position of president-elect at the NAIC (National Association of Insurance Commissioners) Fall National Meeting on November 18. Previously,...
State Insurance Regulators Elect Maine’s Cioppa President of NAIC for 2019
Nov 19 2018 // State insurance regulators have elected new officers of the National Association of Insurance Commissioners (NAIC). The following officers will assume their duties on Jan. 1, 2019: President: Maine Insurance Superintendent...
North Carolina Approves 17.2% Rate Decrease for Workers’ Comp
Nov 5 2018 // The North Carolina Rate Bureau’s 17.2 percent rate decrease filing for workers’ compensation insurance has been approved by North Carolina Insurance Commissioner Mike Causey, according to a statement from the...
North Carolina Approves 17.2% Rate Decrease for Workers’ Comp
Oct 25 2018 // The North Carolina Rate Bureau’s 17.2 percent rate decrease filing for workers’ compensation insurance has been approved by North Carolina Insurance Commissioner Mike Causey, according to a statement from the...
Delaware Workers’ Comp Insurance Rates Decrease for Second Year in a Row
Oct 23 2018 // Workers’ compensation insurance rates will decrease for the second year in a row in Delaware, effective December 1, 2018. “I am delighted to approve yet another decrease in workers’ compensation rates in...
