Latest Department of Insurance Headlines
All the headlines from our Department of Insurance Topic Page, ordered by recency.
Shreveport, La. Agent Shut Down
Nov 12 2002 // The Louisiana Department of Insurance Fraud Unit investigators served cease and desist and summary suspension orders to licensed insurance agent Tommy Ray Dean of Shreveport, the day after the department served a C&D...
Calif. Commissioner Prepares to Hand Over Reins
Nov 6 2002 // “I would say that the availability of insurance at reasonable rates continues to be a key challenge in the year 2002 and will be ongoing in the next year or two,” California Insurance Commissioner Harry Lowe...
Calif. Workers’ Comp: The Road to Rehabilitation
Oct 28 2002 // We all know what the problems are in the California workers’ compensation market, and now it’s time for the solutions. With the upcoming election well underway, California will soon see a new Insurance...
Missouri Dept. of Insurance Opens Public Internet Portal
Oct 21 2002 // Missouri’s Director of Insurance, Scott B. Lakin, announced that the department has opened a new Internet connection, “The Public Portal,” which will “gather comment on pending issues, beginning...
Ariz. Dept. of Insurance Suspends License of Foundation Reserve Co.
Oct 18 2002 // On Oct. 2, 2002 the Arizona Department of Insurance suspended the license of Foundation Reserve Insurance Company (Foundation Reserve) due to its unsound financial condition. Consequently, Foundation Reserve is prohibited...
Farmers’ Pullout Puts Agents, Homeowners in a Jam
Oct 14 2002 // Negotiations continued in early October between state officials and senior executives of Farmers Insurance Group of Companies in the effort to find a solution that would entice the insurer to continue to provide homeowners...
Proposed Producer Licensing Regulations would Hinder Calif. Policies
Oct 2 2002 // Proposed regulations in California that address exemptions for employees who make adjustments to insurance policies from general licensing requirements need to be stronger and broader. “Unlicensed customer service...
Farmers Refuses TDI Offer
Sep 25 2002 // The Farmers Insurance Group of Companies announced it will not renew current homeowners insurance policies in Texas beginning November 2002, and will no longer be able to provide the state’s customers with homeowners...
TDI Offers Settlement Proposal to Farmers
Sep 25 2002 // As rumors and speculation swirled about whether Farmers Insurance is planning to completely withdraw from the Texas homeowners market, the Texas Department of Insurance (TDI) proposed a resolution to its dispute with...
N.C. Sentences Pair for Alleged Embezzlement
Sep 10 2002 // In separate cases, courts in North Carolina convicted two women for alleged embezzlement and insurance fraud. According to the North Carolina Department of Insurance, Hillsborough resident Linda Kay Fleshman, formerly a...
Seibels Bruce Group Discloses Order from Ariz. Dept. of Insurance
Aug 28 2002 // The Seibels Bruce Group Inc. announced that it received a Consent Order issued yesterday from the Arizona Department of Insurance (AZDOI) suspending the certificate of authority held by its subsidiary, Consolidated...
Agents Turn to State Department Web Sites to Stay on Top of Information
Aug 19 2002 // Whether it is obtaining information on licensing or getting the latest updates on fraud, many agents across the country rely on their respective state’s insurance department Web sites to get useful information. From...
MENDOZA CRITICAL OF GARAMENDI AS CALIF. COMMISSIONER RACE HEATS UP
Aug 5 2002 // Gary Mendoza, Republican Nominee for Insurance Commissioner, has criticized John Garamendi’s attempt to reportedly create more political patronage positions in the Department of Insurance. A recent column by...
MENDOZA CRITICAL OF GARAMENDI AS CALIF. COMMISSIONER RACE HEATS UP
Aug 5 2002 // Gary Mendoza, Republican Nominee for Insurance Commissioner, has criticized John Garamendi’s attempt to reportedly create more political patronage positions in the Department of Insurance. A recent column by...
National Task Force Adds New Members
Jul 19 2002 // Five insurance regulators and one insurer have joined the NeighborWorks® National Insurance Task Force (NITF). Convened by the Neighborhood Reinvestment Corporation in 1994, NITF works to develop partnerships between the...
Mendoza Critical of Garamendi as Calif. Commissioner Race Heats Up
Jul 17 2002 // Gary Mendoza, Republican Nominee for Insurance Commissioner, has criticized John Garamendi’s attempt to reportedly create more political patronage positions in the Department of Insurance. A column in the July 15...
S.C. Legislative Session Ends with Good News for Insurers
Jun 21 2002 // The 2002 session of the South Carolina legislature wrapped up last week on a positive note for the insurance industry, which saw victories on issues including credit scoring, commercial modernization, and producer...
Ohio Director Weighs In on Premium Payment Lawsuit
Jun 13 2002 // Ohio Insurance Director Lee Covington filed a court action seeking to persuade a New Mexico court not to impose another state’s insurance laws and increased costs on Ohio insurance consumers. According to the Ohio...
AIA and NAII Oppose California’s SB 1763
Jun 10 2002 // California senators recently approved Senate Bill 1763, designed to restrict insurance companies from writing mold and liability restrictions into their policies. The bill, which was introduced by Senator Deborah Ortiz...
Ind. to Hold Public Hearings on Agent CE, Credit Scoring
Jun 7 2002 // The Indiana Department of Insurance will hold back-to-back public hearings on two proposed rules on June 13. At 10:00 a.m. the department will hold a hearing on a proposed amendment to 760 IAC 1-50 regarding insurance...
