Missouri Department of Insurance News

Insurance Department: Uptake of Earthquake Coverage Declines in Missouri

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 Insurance Market Report highlights some …

Missouri Department Receives 8K Complaints Against Insurers in 3-Year Span

Over a three-year period between 2016 and 2018, the Missouri Department of Insurance received almost 8,000 complaints against companies providing selected lines of insurance, according to a report recently released by the department. Seven lines of business are covered in …

Number of Missouri Homes Insured for Earthquakes Declined from 2008 to 2017

Despite the fact that earthquakes present a significant hazard to Missourians, the number of homes insured against damage from earthquakes declined between 2008 and 2017, according to a Residential Earthquake Coverage Report released by the Missouri Department of Insurance. The …

Missouri Insurance Dept.: Insurance Education Scholarships Available

Insurance education scholarships are once again being made available to Missouri high school seniors and college students, the Missouri Department of Insurance announced. The deadline to apply for the Missouri Insurance Education Foundation (MIEF) scholarships is March 31, 2019, Applicants …

Missouri Insurance Dept. Helped Return More than $16M to Insureds Last year

The Consumer Affairs Division and Market Conduct Section at the Missouri Department of Insurance helped insurance consumers to receive an additional $16.2 million from their insurance companies in 2018, the department said. The monies were returned as a result of …

Missouri’s Lindley-Meyers to Chair NAIC’s Market Regulation Committee

Missouri Department of Insurance, Financial Institutions & Professional Registration (DIFP) Director Chlora Lindley-Myers has been appointed chair of the Market Regulation and Consumer Affairs (D) Committee for the National Association of Insurance Commissioners (NAIC). The mission of the committee is …

Missouri Insurance Department Study Criticizes High Costs of Air Ambulances

Sick or injured Missouri residents who need air ambulance services face thousands of dollars in bills and sometimes aggressive collection efforts if they cannot pay, according to a state report. The average bill after insurance for people who needed air …

Missouri’s Nelson Honored with National Insurance Regulator Award

Angela Nelson, director of the Division of Market Regulation and Chief Industry Liaison at the Missouri Department of Insurance has been selected as the 2018 recipient of the Paul DeAngelo Memorial Teaching Award given by the Insurance Regulatory Examiners Society …

Missouri Department of Insurance Helps Return $16.8M to Consumers

Missouri consumers received an additional $16.8 million from their insurance companies in 2017 with the help of the Missouri Department of Insurance’s Consumer Affairs Division and Market Conduct Section. The department said the monies were returned as a result of …

Insurance Education Scholarships Available for Missouri Students

The Missouri Department of Insurance announced that high school seniors and college students who are Missouri residents are eligible to apply for Missouri Insurance Education Foundation (MIEF) scholarships. The deadline is March 31. Four, $1,500 scholarships are awarded to graduating …