Md. Regulators Issue First-Ever Civil Fraud Orders August 5, 2013 The Maryland Insurance Administration issued on July 23 its first administrative orders under newly granted authority to pursue civil cases...
North Carolina Residual Market Issues $500 Million in Cat Bonds August 5, 2013 By Michael Adams North Carolina’s two residual homeowners insurance markets have jointly issued $500 million in pre-event catastrophe bonds to ensure they have...
Hawaii Supreme Court Rules on Wrongful Death Suit August 1, 2013 A la Moana Center had a duty to care for a woman who died after getting stuck in an exhaust...
Coastal Lawmakers Seek Delays in Flood Insurance Changes July 22, 2013 By Andrew Taylor Just a year after Congress approved changes in the oft-criticized federal flood insurance program, protests from homeowners facing higher premiums...
Michigan: Bulk of Insurance Complaints in 2012 Concerned Claims Handling July 22, 2013 The Department of Insurance and Financial Services (DIFS) says consumers in 2012 filed more than 3,000 complaints against insurance companies...
Florida Court Rules on Requiring Examinations Under Oath July 22, 2013 The Florida Supreme Court ruled that prior to a 2012 state law, auto insurer Geico didn’t have the right to...
Auto Insurance, Claims Handling Top Reasons for Complaints in Illinois July 22, 2013 Auto insurance was the line of coverage that topped the list of coverage complaints investigated by the Illinois Department of...
Florida Among States Allowing Electronic Proof of Insurance July 22, 2013 Florida recently joined a growing list of states that allow electronic proof of insurance via smartphones for motorists at traffic...
Texas AG: State Not on Hook for TWIA Unfunded Losses July 22, 2013 By Stephanie K. Jones Texas’ attorney general says the state is under no obligation to pay outstanding claims for the insurer of last resort...
Federal Judge Criticizes But Upholds Mississippi Damages Cap July 22, 2013 A federal judge has upheld Mississippi’s cap of $500,000 on non-economic damages in medical malpractice cases. The ruling came in...