Latest Department of Insurance Headlines
All the headlines from our Department of Insurance Topic Page, ordered by recency.
CDI Looks to Shore Up California’s Workers’ Comp Market
Mar 24 2003 // California Insurance Commissioner John Garamendi took center stage when he addressed the problems plaguing State Compensation Insurance Fund on the heels of his recent plans to reform California’s ailing...
FSC Makes Available Automated Solution for CDI Homeowners Premium Survey
Mar 10 2003 // Fiserv FSC, Inc. announced that with CapFSC, California insurers can now, with one person, in less than one day, do what used to take a team of employees days or weeks to accomplish. CapFSC is a dependable and accurate...
NAII Notes All States Have Addressed Privacy Legislation
Feb 24 2003 // Insurance companies with systems in place to meet state and Federal Privacy standards may need to do some “tweaking” to assure continued regulatory compliance, according to the National Association of...
Quackenbush Breaks the Silence
Feb 24 2003 // Insurance Journal senior staff writer Dave Thomas, along with publisher Mark Wells, recently caught up with former California Insurance Commissioner Chuck Quackenbush. Quackenbush, who has been working in Hawaii as a...
Senate Privacy Bill Could Impede Progress in Calif. Business Climate
Feb 19 2003 // The Association of California Insurance Companies (ACIC) says a California consumer privacy bill that was set to be heard in the Senate Judiciary Committee Feb. 18 is unnecessary because current state law and department of...
NAII Notes All States Have Addressed Privacy Legislation, While Handful Have Proposals Pending
Feb 11 2003 // Insurance companies with systems in place to meet state and Federal Privacy standards may need to do some “tweaking” down the road to assure continued regulatory compliance, according to the National...
Ariz. DOI Makes Arrests in Ariz./Calif. Auto Fraud Scheme
Jan 31 2003 // The Arizona Department of Insurance Fraud Unit assisted the Phoenix Police Department’s Fugitive Apprehension and Investigations Detail in arresting Juan Reyes Marrufo, 35, Maricela Armenta, 34, and Cristina...
Louisiana Agent Booked for Theft, Misappropriation
Jan 24 2003 // A Slidell, La. insurance agent was charged on numerous counts of theft and misappropriation, the latest in a series of insurance fraud arrests around the state, according to acting Louisiana Insurance Commissioner Robert...
To Catch a Thief-State DOI’s Work Hard to Keep Agents in Line
Jan 13 2003 // A quick browse through the Web sites of state insurance commissioners across the country on any given day in any given year, is bound to turn up at least one account of regulators cracking down on an insurance agent for a...
Calif. Commissioner Delivers Inaugural Speech
Jan 8 2003 // Calif. Insurance Commissioner John Garamendi recently delivered his inaugural speech on Jan. 6, 2003, as he took the Oath of Office in a ceremony at the Assembly Chambers California Capitol Building. The following is the...
Piedmont Ordered into Liquidation in South Carolina
Dec 31 2002 // The South Carolina Department of Insurance announced that Piedmont Insurance Company recently became the subject of an Order of Liquidation which declared the company insolvent and directed the South Carolina Department of...
MO Dept. of Insurance Takes Over two KC-based Workers Comp Companies
Dec 23 2002 // Cole County Circuit Judge Thomas Brown granted the petition of Scott B. Lakin, the Director of the Missouri Department of Insurance (MDI), and placed two Kansas City-based workers compensation insurers in receivership as...
NE Dept. of Insurance Places Acceptance Under Supervision
Dec 23 2002 // L. Tim Wagner, Director of the Nebraska Department of Insurance, announced that he had issued an order on Friday placing Acceptance Insurance Company under supervision. Acceptance is the parent company of American Growers...
Ann Womer Benjamin Named as Ohio Insurance Director
Dec 18 2002 // Ohio Governor Bob Taft announced the appointment of Ann Womer Benjamin as director of the Ohio Department of Insurance, effective January 6. “Ann brings extraordinary ability and integrity to this vital position as...
MO Dept. of Insurance Re-accredited by NAIC for Financial Oversight
Dec 12 2002 // The Missouri Department of Insurance (MDI) has been re-accredited for five years by the National Association of Insurance Commissioners, who certified the MDI’s work on monitoring the financial health of insurers and...
La. Agent Hiding in Closet Arrested for Misappropriation of Premiums
Dec 12 2002 // The Louisiana Department of Insurance shut down an Alexandria insurance agency amid charges of misappropriation of premiums. The department said it is the second Alexandria agency to be closed in just over a...
Orlando Agent Charged with Selling Bogus Policies
Nov 26 2002 // Florida Treasurer and Insurance Commissioner Tom Gallagher announced that Michael E. Rock of Orlando, was arrested on charges of soliciting thousands of Florida doctors to purchase fraudulent medical malpractice...
Lee Covington Steps Down as Ohio Insurance Commissioner
Nov 26 2002 // Lee Covington has formally announced his intention to resign his position as Director of the Ohio Department of Insurance before December 10 “to pursue career options in the private sector.” “This was a...
Universal Insurance Holdings Lukewarm to Golden Apple’s Proposed Acquisition
Nov 21 2002 // Universal Insurance Holdings Inc. of Miami received correspondence regarding a proposed takeover by Golden Apple Holding Company, a subsidiary of Navigator Ventures Inc. (OTCBB:NVGV), that reportedly seeks to acquire all...
Ohio Insurance Department Provides Claim Tips for Storm Victims
Nov 13 2002 // Ohio Department of Insurance Director Lee Covington has issued a series of “tips” to help property owners filing claims resulting from the devastating tornadoes that struck the state over the...
