Latest Missouri Headlines
All the headlines from our Missouri Topic Page, ordered by recency.
Missouri Mortgage Insurers Suffer Large Losses
Sep 4 2009 // Companies that sell private mortgage insurance in Missouri suffered their largest losses last year in three decades of record-keeping. The state insurance department says mortgage guaranty insurers had net losses in 2008...
Missouri Sues Arkansas Insurer
Aug 31 2009 // Missouri insurance regulators have gone to court to stop an Arkansas-based life insurance company from illegally changing the terms of its cancer insurance policies, the Missouri Department of Insurance announced. The DOI...
Missouri Aviation Specialists Offer Pay-by-the-Hour Insurance Coverage
Aug 28 2009 // St. Louis, Mo.-based Travers and Associates is now offering pay-by-the-hour insurance coverage as a cost saving alternative to traditional commercial aviation insurance packages. Travers and Associates specializes in...
$200K Penalty Issued Against Universal Casualty in Illinois
Aug 13 2009 // The Illinois Department of Insurance has issued an order against Universal Casualty Company (UCC) for failing to adopt and maintain procedures for the prompt investigation and settlement of consumers’ claims. On Aug....
Survey: Midwest Economy Improving
Aug 4 2009 // The Institute for Supply Management, formerly the Purchasing Management Association, began formally surveying its membership in 1931 to gauge business conditions. The Creighton Economic Forecasting Group uses the same...
Missouri Raises Threshold for Home Power Generation Liability Coverage
Aug 3 2009 // The Missouri Public Service Commission has changed its rules to eliminate a requirement that customers generating 10 kilowatts or less of electricity must carry liability insurance. Under rules adopted last October,...
New Missouri Law Encourages Captive Insurance Operations
Jul 24 2009 // Missouri Gov. Jay Nixon has signed a bill that makes improvements to the state’s captive insurance laws by simplifying the process of moving offshore captive operations to Missouri. House Bill 577, an omnibus...
State Regulation, Earthquake Coverage of Concern to Missouri’s Huff
Jul 24 2009 // In an address to some 130 members of the Missouri Association of Insurance Agents (MAIA) Missouri Insurance Director John M. Huff made a strong argument that states, rather than the federal government, should continue to...
Declarations
Jul 20 2009 // Too High a Cost “In terms of lives and of dollars, the cost of repealing Missouri’s helmet law simply would have been too high.” —Missouri Gov. Jay Nixon, who vetoed legislation that would have relaxed...
Liability Coverage Rule Changes for Home Power Generation in Missouri
Jul 20 2009 // The Missouri Public Service Commission is amending its rules to eliminate a requirement that customers generating 10 kilowatts or less of electricity carry liability insurance. Under rules first adopted last October,...
Missouri Tort Victims Receive Millions from Workers’ Comp Division
Jul 17 2009 // The Missouri Labor Department’s Division of Workers’ Compensation (DWC) recently announced it has issued more than $2.4 million from the Tort Victims’ Compensation Fund to 62 tort victims who filed claims...
Missouri Joins Interstate Insurance Product Regulation Compact
Jul 14 2009 // Missouri Governor Jay Nixon has signed HB 577 to have Missouri become the 36th member of the Interstate Insurance Product Regulation Compact (IIPRC). With the addition of Missouri, the current compacting states in the...
Missouri Court Blocks Firing of Workers’ Comp Judges
Jul 13 2009 // A Missouri judge has issued a preliminary injunction blocking the firing of three administrative law judges who decide workers’ compensation cases. Gov. Jay Nixon’s administration had said the dismissals were...
Governor Vetoes Missouri Motorcycle Helmet Repeal
Jul 6 2009 // Missouri Gov. Jay Nixon has vetoed legislation that would have relaxed a law that requires motorcyclists in Missouri to wear helmets at all times, citing concerns about highway safety and health care costs. The veto came...
People
Jul 6 2009 // Columbus, Ohio-based State Automobile Mutual Insurance Company and State Auto Property & Casualty Insurance Company has named new managers in various divisions. Robert (Bob) A. Bachtell is claims manager for State...
Indiana, Missouri Ban New Business from Universal Casualty
Jul 6 2009 // Indiana ordered Elk Grove Village, Ill.-based auto insurer Universal Casualty Company (UCC) to stop writing new policies in the state until the company can demonstrate “improved business practices,” according...
Missouri DOI Returns Nearly $6M to Consumers in First Half of 2009
Jul 2 2009 // Consumers who filed complaints with the Missouri Department of Insurance received $5.9 million from insurance companies during the first half of 2009, the department has reported. The money was returned as a result of the...
Missouri Court Temporarily Blocks Workers’ Comp Judge Firings
Jul 1 2009 // A Missouri court has temporarily blocked the firing of three administrative law judges who decide workers’ compensation cases. The judges were to be laid off by the July 1 start of the new fiscal year. But Cole...
Real Estate Malpractice Insurance Operating at a Loss in Missouri
Jul 1 2009 // The real estate malpractice insurance line of business has operated at a loss over the last decade, according to a report recently released by the Missouri Department of Insurance, Financial Institutions and Professional...
Indiana Joins Missouri in Banning New Business from Universal Casualty
Jun 19 2009 // Indiana has ordered Elk Grove Village, Ill.-based auto insurance company Universal Casualty Company (UCC) to stop writing new policies in the state until the company can demonstrate “improved business...
