Jessica Altman News

Pennsylvania Insurance Commissioner Appointed as NAIC Committee Chair

Pennsylvania Insurance Commissioner Jessica Altman has been selected for the second consecutive year to serve as chair of the Health Insurance and Managed Care Committee of the National Association of Insurance Commissioners (NAIC), the organization reported in announcing its leadership …

Penn. Insurance Department Announces Restitution for Consumers in Annuity Scam

Pennsylvania Insurance Commissioner Jessica Altman said her department has gotten more than $117,000 in restitution for 25 Pennsylvania consumers victimized in a major annuity scam. “I am pleased we were able to recover this money for Pennsylvanians, many of them …

Pennsylvania Makes Changes to Reduce Chances of Workers’ Comp Rate Filing Errors

Pennsylvania Insurance Commissioner Jessica Altman and Labor & Industry Secretary Jerry Oleksiak announced agreements with two insurers and the Pennsylvania Compensation Rating Bureau (PCRB) to protect Pennsylvania businesses and lessen the chances of errors in the filing of loss costs, …

Pennsylvania Insurance Department to Hold NextGen Academy for College Students

Pennsylvania Insurance Commissioner Jessica Altman has announced that her department, along with a working group of stakeholders, will this summer hold the Pennsylvania NextGen Insurance Academy to provide college students with an up-close look at various careers in the insurance …

Loss-Cost Reduction for Workers’ Comp Insurance Approved in Pennsylvania

Pennsylvania Insurance Commissioner Jessica Altman has approved a loss-cost filing, including a 12.95% reduction in loss-costs – a component in determining workers’ comp insurance rates paid by businesses. This reduction is expected to lead to lower premiums for many Pennsylvania …

Altman Says Private Market Flood Insurance Has Grown in Pennsylvania

Pennsylvania Insurance Commissioner Jessica Altman said the number of private market flood insurance policies in Pennsylvania jumped 72 percent from February 2018, as she continued urging homeowners, business owners and renters to shop around in the increasingly competitive flood insurance …

Pennsylvania’s Largest Workers’ Comp Insurer Files Plan to Correct Charges

Pennsylvania’s State Workers Insurance Fund (SWIF), the largest writer of workers’ comp insurance in Pennsylvania, has filed a plan to retroactively correct charges to employers for their workers’ compensation policies written between April 1, 2018, and December 31, 2018. The …

Pennsylvania Insurance Department Approves Mid-Year Workers’ Comp Filings

The Pennsylvania Insurance Department has approved two mid-year workers’ compensation loss cost filings, effective January 1, 2019. The fillings are from the Pennsylvania Compensation Rating Bureau (PCRB), an independent bureau, which makes filings to the Insurance Department on behalf of …

Pennsylvania Insurance Department Plans Review of Two Workers’ Comp Filings

The Pennsylvania Insurance Department has received two mid-year workers’ compensation loss cost filings with a proposed effective date of January 1, 2019, from the Pennsylvania Compensation Rating Bureau (PCRB). The department stated in a press release that it plans an …

Pennsylvania Warns About Flood-Damaged Vehicles After Hurricane Florence

With automotive officials estimating that as many as 40,000 vehicles were damaged by flooding from Hurricane Florence, the Pennsylvania Insurance Department and the Pennsylvania Department of Transportation (PennDOT) are warning consumers to be on the lookout for flood-damaged cars being …