Latest Department of Insurance Headlines
All the headlines from our Department of Insurance Topic Page, ordered by recency.
Georgia Makes 49 Insurance Fraud Arrests in First Half of 2019
Jul 11 2019 // Agents from the Georgia Department of Insurance Fraud Investigations Division made 49 arrests in the first half of 2019 and are set to pass the total number of arrests from last year (60) in just the third calendar...
Missouri Regulators: At Least $139M in Insured Losses From May Tornadoes
Jul 10 2019 // Missouri insurance regulators say insured losses following May tornadoes in that state are predicted to reach $139 million or more. Tornadoes ravaged several areas of the state in May, including Missouri’s capitol...
Insurance Department: Uptake of Earthquake Coverage Declines in Missouri
Jul 9 2019 // A new report issued by the Missouri Department of Insurance shows that earthquake insurance coverage in the highest risk areas of Missouri has dropped to just under 14 percent. According to the department, the Earthquake...
Georgia Returns $3M to Insurance Consumers in First 6 Months of 2019
Jul 9 2019 // The Georgia Department of Insurance responded to 5,688 consumer complaints and inquiries, returning more than $3 million in insurance claim payouts in the first six months of 2019 to many of these policyholders, GADOI said...
Delaware Data Breach Impacts 95K Residents
Jun 27 2019 // The Delaware Department of Insurance recently received notice of a data security breach suffered by Dominion National, an insurer and administrator of dental and vision benefits, that impacted 95,000 Delaware residents. On...
Former Ohio Insurance Agent and Investment Adviser Gets 5 Years for Fraud Scheme
Jun 26 2019 // Former Dayton, Ohio-area insurance agent and investment adviser has been sentenced to five years in prison after being convicted of insurance fraud and conducting a “Ponzi” scheme targeting elderly...
North Carolina Insurance Fraud Round-Up: May
Jun 21 2019 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of May 2019. Insurance fraud costs American consumers approximately $80 billion a year. According to North Carolina...
Georgia Makes Multiple Arrests in $120M, Multi-State Insurance Fraud Scheme
Jun 20 2019 // Several individuals were arrested last week involved in an insurance fraud scheme stretching all the way to California that is believed to have totaled $120 million in losses, according to the Georgia Department of...
Gerger Joins Illinois Independent Agents Group as Education, Agency Resources Director
May 31 2019 // Brett Gerger, former chief deputy director of the Illinois Department of Insurance, has joined the Independent Insurance Agents of Illinois (IIA of IL) as director of Education & Agency Resources. In his new position,...
North Carolina Department of Insurance Releases Smartphone App for Agents
May 23 2019 // The North Carolina Department of Insurance has released a smartphone app for insurance agents offering information such as educational opportunities, NCDOI agent services contact info, and agent notifications from the...
North Carolina Insurance Fraud Round-Up: April
May 22 2019 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of April 2019. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North...
Update: Georgia Gov Suspends Insurance Commissioner Beck Over Indictment
May 17 2019 // Georgia Governor Brian Kemp has suspended Insurance Commissioner Jim Beck from his position while he faces a 38-count indictment from a federal grand jury. On May 16, Kemp issued an executive order suspending Beck,...
Court Upholds California Department of Insurance $27.5 M Fine Against Mercury
May 8 2019 // A California Court of Appeal upheld a $27.5 million fine the California Department of Insurance issued against Mercury Insurance Co. for charging illegal fees that should have been disclosed as premiums, a violation of...
North Carolina Insurance Fraud Round-Up: March
Apr 9 2019 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of March 2019. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North...
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...
