Latest Department of Insurance Headlines
All the headlines from our Department of Insurance Topic Page, ordered by recency.
Texas’ Minimum Auto Liability Limits to Increase on April 1
Mar 25 2008 // The minimum amount of automobile liability insurance Texas drivers are required to carry for bodily injury/property damage will increase on April 1 from the current $20,000/$40,000/$15,000 (“20/40/15”) coverage...
Former State Representative Bowler Named La. Deputy Commissioner
Mar 25 2008 // Louisiana Commissioner of Insurance Jim Donelon named former State Representative Shirley Bowler of Harahan to take over the vacant position of deputy commissioner of the Office of Management and Finance in the Department...
Louisiana Work Comp Rates Dropping
Mar 18 2008 // Louisiana Commissioner of Insurance Jim Donelon announced that rates for workers’ compensation insurance are decreasing in Louisiana, based on a recent report from the National Council on Compensation Insurance...
South Carolina Insurance Department Gives $1 Million in Safe Home Grant
Mar 17 2008 // The South Carolina Department of Insurance awarded a fifth round of grants through the state’s Safe Home Grant Program, according to Scott H. Richardson, Insurance Department director. Richardson, also chairman of...
Financial Reports Show Texas Insurers Profitable in 2007
Mar 14 2008 // In 2007, Texas insurers recorded one of their most profitable years of the decade, prompting some consumer advocates to call for tougher state regulation on homeowner rates. Financial reports released by the Texas...
S. C. Insurance Department Announces 4th Round of Safe Home Grants
Mar 4 2008 // Scott H. Richardson, director of the South Carolina Department of Insurance and chairman of the advisory committee for the South Carolina Building Codes Council, announced the fourth round of awards for the S.C. Safe Home...
Mar. 4 is Deadline to Apply for La. $100M Insurer Grant Program
Mar 3 2008 // The Louisiana Department of Insurance announced that the deadline for applications to the Insure Louisiana Incentive Program is March 4, 2008. The program offers property insurers up to $10 million in matching grant money....
Calif. Department of Insurance Denies it Violated Claims Adjusting Firm’s Settlement Terms
Feb 24 2008 // Matthew Todd, vice president of Paramount Disaster Recovery Inc., is claiming a media release by California Insurance Commissioner Steve Poizner misrepresented Paramount’s actions related to a recent lawsuit as well...
Tornadoes Slam Ala., Adding to Destructive Season Across the Region
Feb 19 2008 // Another wave of tornadoes materialized in the Deep South over the weekend and this time, in Prattville, Ala., several businesses on a commercially populated boulevard were severely damaged, according to a Department of...
La. Bail Bond Agent Arrested
Feb 11 2008 // A Shreveport, La., bail bond agent has been arrested, issued a cease and desist order, a notice of revocation of his license and fine notice for misappropriation and unfair trade practices, the Louisiana Department of...
La. Bail Bond Agent Arrested, License Revoked
Jan 17 2008 // The Louisiana Department of Insurance reported that a Shreveport bail bond agent has been arrested, issued a cease and desist order, a revocation of his license and fine for the felony crime of filing false public...
La. Insurance Department Chief of Staff Resigns
Jan 14 2008 // Chad Brown, chief of staff for the Louisiana Department of Insurance, has resigned. Insurance Commissioner Jim Donelon said Jan. 10 that Brown was leaving because of a “difference in philosophy.” Donelon did...
La. Says Bail Bond Agent Filed False Documents
Jan 11 2008 // The Louisiana Department of Insurance issued a cease and desist order and suspended the license of a Frierson, La., bail bond agent accused of filing false public documents. The department says Brokenberry did not disclose...
Keystone Mutual Enters Mo. Medical Malpractice Market
Jan 9 2008 // St. Louis, Mo.-based Keystone Mutual Insurance Co. recently announced that it is accepting applications from Missouri physicians for professional liability insurance upon being awarded a license Dec. 31 by the Missouri...
Scathing Audit: Calif. Workers’ Comp Insurer Needs Significant Reforms
Dec 23 2007 // California’s State Compensation Insurance Fund “has weak corporate governance, inadequate internal controls in various areas and a general inability to plan for the long-term,” according to an operational...
Study: California Workers’ Comp Insurer Needs Significant Reforms
Dec 11 2007 // California’s State Compensation Insurance Fund “has weak corporate governance, inadequate internal controls in various areas and a general inability to plan for the long-term,” according to an operational...
Neb., Mo. Earn NAIC Accreditation Awards
Dec 4 2007 // Four state insurance departments recently received Accreditation Awards as part of the National Association of Insurance Commissioners’ (NAIC) Financial Regulation Standards and Accreditation Program. During the...
S.C. Places Capital Assurance Risk Retention Group in Receivership
Nov 16 2007 // The South Carolina Department of Insurance placed Capital Assurance Risk Retention Group (CARRG) in receivership for the purposes of rehabilitation. On Oct. 31, the Richland County Court of Common Pleas issued an order...
Mo. Dept. Hosts Training Course on Insurance Fraud for Investigators
Nov 7 2007 // The Missouri Department of Insurance’s Consumer Affairs Division today announced it will host a training course for state and local government special investigators on Friday, Nov. 9 in Jefferson City at the Harry S....
Ohio Announces Changes to Agent Continuing Education Process
Nov 5 2007 // The Ohio Department of Insurance recently announced that it will no longer require Continuing Education (CE) providers to collect an agent’s Social Security Number (SSN) starting Jan. 1, 2008. The Department said...
