Latest Missouri Headlines
All the headlines from our Missouri Topic Page, ordered by recency.
Missouri Now Allows Non-Resident Surplus Lines Insurers
Aug 24 2001 // A new law going into effect Aug. 28 repeals the state residency requirement for surplus lines insurers in Missouri. The law, enacted as Senate Bill 605, allows the director of insurance to issue surplus lines licenses to...
NAII Says Missouri Privacy Reg Goes Beyond Gramm-Leach-Bliley
Aug 15 2001 // According to the National Association of Independent Insurers (NAII), a consumer privacy regulation proposed by the Missouri Insurance Department is contrary to state law because a third party claimant provision goes...
Missouri Working on Directive on Workers’ Comp Loss Control
Jul 27 2001 // Representatives of the insurance industry and the state workers’ compensation division met July 23 to discuss implementation of a new law that would significantly reduce requirements for insurers to report their loss...
Mo. Adopts NAIC Privacy Model Without Health, Workers’ Comp Provisions
Jul 9 2001 // The Missouri Insurance Department has adopted an emergency consumer privacy regulation containing a third party claimant provision but excluding health and workers’ compensation insurance. National Association of...
Missouri Ins. Dept. Sides with Homeowners Over Storm Damage Dispute
Jun 15 2001 // The Missouri Department of Insurance is supporting angry homeowners over a dispute with a number of insurance companies regarding replacing home siding which was damaged by hail during the state’s most damaging storm...
Mo. Governor Signs Consumer Privacy Bill
May 31 2001 // Missouri Gov. Bill Holden recently signed HB 801, enabling the state Insurance Commissioner to adopt consumer privacy regulations consistent with, but not more stringent than, the federal Gramm-Leach-Bliley Act...
Missouri Legislature Approves Speed-to-Market Bill
May 23 2001 // The Missouri General Assembly approved SB 186 on May 18, sending a strong signal about the state’s commitment to a more streamlined, competitive commercial insurance marketplace. The American Insurance Association...
Missouri Approves Producer Licensing Bill with Exemptions
Apr 26 2001 // The Missouri House Insurance Committee recently passed a version of the insurance producer licensing bill. The bill contained compromised language exempting employees who are not engaged in sales. Ann Weber of the National...
Damage Claims Reach 38,000 After Missouri Hailstorm
Apr 20 2001 // Due to the last week’s hailstorm, the five largest auto-insurance companies in Missouri have received more than 38,000 claims of storm damage to cars in the St. Louis area alone. According to the St. Louis...
Missouri Governor Nominates New Insurance Director
Mar 2 2001 // Missouri Gov. Bob Holden has nominated former state Rep. Scott B. Lakin as director of the Missouri Department of Insurance. Lakin, an insurance agent who represented the northern suburbs of Kansas City in Clay County, now...
Fireman’s Fund Shuts Down Direct Auto Program; To Lay Off More Than 250 Missouri Employees
Jan 31 2001 // Fireman’s Fund insurance laid off 68 people last week at its Earth City, Mo. office, and 197 more jobs will be phased out as the insurer eliminates a line of auto coverage according to a St. Louis Times-Dispatch...
Missouri Property, Liability Insurance Profitable
Jan 8 2001 // Virtually all lines of Missouri property and casualty insurance, including liability coverage, remained profitable in 1999, although margins fell slightly from the previous year, based on data from the National Association...
Missouri Approves Sale of Commercial HMO Business
Jan 3 2001 // The Missouri Department of Insurance has approved Health Partners of the Midwest’s sale of its commercial HMO business to Group Health Plan, another health maintenance organization based in St. Louis. The transaction...
MDI, Industry Group Recommend Further Cuts in 2001 Workers’ Comp Rates
Nov 30 2000 // Both the Missouri Department of Insurance and a key industry group are recommending that several years of workers compensation rate reductions continue into 2001. “We have been prepared for this long cycle of rate...
Missouri Uninsured Driver Rate Down 18 Percent in 1999
Nov 22 2000 // Missouri’s projected rate of uninsured passenger vehicles dropped by 18 percent—or 63,000 autos—during 1999, reaching the lowest levels since the state enacted its current mandatory insurance law in 1987,...
General American Agrees to $55 Million Settlement with Missouri DOI
Sep 8 2000 // The Missouri Department of Insurance and General American Life Insurance Co. of St. Louis have agreed in principle to an estimated $55 million settlement for policyholders and a $120,000 fine for alleged deceptive sales...
General American Settles Lawsuit For $55 Million
Aug 25 2000 // General American Life Insurance Co. has agreed to pay $55 million to settle a class action lawsuit alleging the company deceived life insurance policyholders. If approved by a federal judge, the money would go to 251,000...
Missouri Auto Rate Guides Available for Consumers
Aug 3 2000 // Insurance agents wanting to assist consumers can point them in the direction of Missouri’s new insurance rate guides. Agents can also use the guides as benchmarks for their current offerings. The guides—with...
Missouri Workers’ Comp Carriers Continue to Cut Rates
Jul 24 2000 // Insurers writing most workers compensation business in Missouri are continuing a six-year trend of cutting rates, based on filings in the first half of 2000, the Department of Insurance (MDI) announced last...
Taparanskas Appointed Associate Commissioner at Maryland Ins. Administration
Jul 20 2000 // Maryland Insurance Commissioner Steven B. Larsen has named Wendy J. Taparanskas, Ph.D., Associate Commissioner for Life and Health. Dr. Taparanskas will replace Donna B. Imhoff who left the agency in June. Dr. Taparanskas...
