Latest Department of Insurance Headlines
All the headlines from our Department of Insurance Topic Page, ordered by recency.
Hess Named Interim Director of Arizona Department of Insurance
Feb 9 2016 // Gov. Doug Ducey has appointed Leslie Hess as the interim director of the Arizona Department of Insurance. Hess has worked in the insurance and financial services industries, in both the private and public sectors, for over...
Missouri Insurance Regulators Recover Millions for Consumers, Schools in 2015
Feb 9 2016 // The Missouri Department of Insurance announced it helped to obtain millions of dollars for citizens and schools in 2015 through regulatory intervention and penalties against insurance companies. The department also worked...
Cost Drops for Sinkhole Coverage Through Missouri FAIR Plan
Feb 2 2016 // Premiums for sinkhole insurance through the Missouri Property Insurance Placement Facility, also known as the FAIR Plan, are decreasing, state insurance regulators say. The new rate structure, which is the result of an...
Deadline Announced for Missouri Insurance Education Foundation Scholarships
Jan 29 2016 // Missouri insurance regulators say the application deadline for Missouri Insurance Education Foundation (MIEF) scholarships is March 31. High school seniors and college students, who are Missouri residents may apply for the...
Missouri Joins Other States in Barring Insurers’ Use of Price Optimization
Jan 25 2016 // In mid-January, the Missouri Department of Insurance issued a bulletin to insurers reminding them that the rating practice generally known as “price optimization” is prohibited in the state. “Price...
Obama Nominates South Carolina Insurance Head to NARAB Board of Directors
Jan 25 2016 // President Barack Obama has nominated South Carolina Department of Insurance Director Raymond G. Farmer to serve as a member on the Board of Directors of the National Association of Registered Agents and Brokers (NARAB) for...
Kentucky Health Cooperative Placed in Liquidation
Jan 20 2016 // Citing the need to preserve remaining assets, the Kentucky Health Cooperative (KYHC) was placed in liquidation Jan. 15 at the request of the Kentucky Department of Insurance. The order was signed by Franklin Circuit Judge...
Obama Nominates South Carolina Insurance Head to NARAB Board of Directors
Jan 19 2016 // President Barack Obama has nominated South Carolina Department of Insurance Director Raymond G. Farmer to serve as a member on the Board of Directors of the National Association of Registered Agents and Brokers (NARAB) for...
Missouri Insurance Director: Price Optimization Violates Missouri Law
Jan 13 2016 // The Missouri Department of Insurance has issued a bulletin to Missouri insurers reminding them that the rating practice generally known as “price optimization” is prohibited in the state. “Price...
2 North Carolina Residents Accused of Accused of Insurance Fraud
Jan 7 2016 // North Carolina Insurance Commissioner Wayne Goodwin announced the arrests of Dewayne Dudley of Bayboro and Elegant Adele Jackson of Havelock. They are both charged with one count each of insurance fraud and attempting to...
North Carolina Man Charged with Insurance Fraud Over Stolen Boat Claim
Dec 1 2015 // North Carolina Insurance Commissioner Wayne Goodwin announced the arrest of William Nathan Spaulding, 38, of Lake Waccamaw; he is charged with one count each of insurance fraud, obtaining property by false pretense and...
Ohio Working with Active Military, Veterans on Insurance Careers
Nov 18 2015 // Ohio Lieutenant Governor and Insurance Director Mary Taylor is urging Ohioans who are members of the military — both actively serving and veterans — to consider a career in insurance. The state is offering free...
Illinois Department of Insurance Reports ‘Inadvertent Data Release’
Nov 15 2015 // The Illinois Department of Insurance (DOI) reported that it mistakenly allowed the Social Security numbers of some health care providers to be posted publicly. The DOI said it learned on Nov. 9 of an inadvertent data...
Delaware Officials Say Several Insurers Received Fraudulent Invoice
Nov 12 2015 // The Delaware Department of Insurance issued a bulletin to all insurance carriers doing business in Delaware, warning them to look out for deceptive invoices. The bulletin No. 80 (“Deceptive Solicitation From...
North Carolina Department of Insurance Opens Charlotte Regional Office
Oct 12 2015 // North Carolina Insurance Commissioner and State Fire Marshal Wayne Goodwin and fire service representatives opened the N.C. Department of Insurance Charlotte Regional Office Oct. 8. The office will provide Department of...
Delaware Bans Use of Price Optimization in Insurance Pricing
Oct 6 2015 // Delaware has issued a bulletin prohibiting the use of price optimization in insurance pricing. The Delaware Department of Insurance said in its Bulletin No. 78 on Oct. 1 that “while price optimization has no...
Texas Department of Insurance Actuary Wins National Award
Oct 5 2015 // Mike Boerner, director of the actuarial office for the Texas Department of Insurance (TDI), is the 2015 recipient of the Robert J. Myers Public Service Award from the American Academy of Actuaries. The award will be...
Connecticut Insurance Dept. to Play Key Role in Proposed Anthem/Cigna Merger
Oct 5 2015 // Connecticut’s Department of Insurance is playing a major role in a deal that could create the nation’s largest health insurer, leading a 26-state review of Anthem Inc.’s proposed merger with Bloomfield,...
Louisiana P/C Commission: Worker’s Comp Market ‘Remains Competitive’
Sep 25 2015 // In its annual report to the Legislature for 2014-2015, the Louisiana Property & Casualty Insurance Commission noted that the workers’ compensation market in the state “remains competitive.” There were...
Tax Liens Against Ohio Insurance Agents Surpass $15M
Sep 24 2015 // Ohio Lieutenant Governor Mary Taylor announced that as of September 2015 the insurance agent tax lien program has collected or set-up payment plans totaling $15,149,631 in unpaid income tax, sales tax and workers’...
