Pennsylvania Insurance Commissioner Jessica Altman News

Pennsylvania Insurance Department Provides Damage Claims Info Following Storm

Following the strong storms, tornadoes and historic flooding in the commonwealth, Pennsylvania Insurance Commissioner Jessica Altman provided information to home and business owners to help them file insurance claims for damages and tips to avoid repair scams. Property and business …

Pennsylvania Joining National Survey on Climate Risk in the Insurance Industry

The Pennsylvania Insurance Department (PID) is joining with other states around the country in conducting the National Association of Insurance Commissioners’ (NAIC) Climate Risk Disclosure Survey. The survey allows insurers to report on climate-related risks and opportunities and will provide …

Pennsylvania Launches Program to Support Innovation, New Insurance Products

The Pennsylvania Insurance Department (PID) has launched a new program that aims to encourage the insurance industry to deliver innovative insurance solutions and products. Keystone Smart Launch seeks to help reduce barriers and speed up the regulatory process so Pennsylvania …

Pennsylvania Property Owners Encouraged to Purchase Flood Insurance

Pennsylvania Insurance Commissioner Jessica Altman is urging property owners to consider purchasing flood insurance to protect their homes, businesses and possessions. For many Pennsylvanians, extreme weather, including flooding caused by hurricanes and severe thunderstorms, can be a common occurrence throughout …

Pennsylvania Regulator Asks Insurers To Assess Pandemic’s Impact in Rate Filings

The Pennsylvania Insurance Department has issued guidance for property/casualty insurers in the state to continue to assess the impact of the COVID-19 pandemic in rate filings. “Much has changed since the start of the pandemic, and there will be lasting …

Pennsylvania’s Bedivere Insurance Company to Be Liquidated

The Pennsylvania Commonwealth Court has approved the liquidation of Bedivere Insurance Company, formerly One Beacon Insurance Company, recognizing that the company’s financial liabilities have exceeded its assets. Bedivere, a domestic stock property/casualty company based in Pennsylvania, has consented to the …

Pennsylvania Provides Guidance for Businesses Damaged During Civil Unrest

Pennsylvania Insurance Commissioner Jessica Altman has released guidance to Pennsylvania businesses damaged during the civil unrest across the state. The information is intended to assist business owners identify what is generally covered by understanding the terms in their policies and …

Wolf Administration Warns Pennsylvania Businesses Defying Shutdown Order

The administration of Pennsylvania Governor Tom Wolf issued a warning Monday to businesses that choose to open in defiance of the pandemic shutdown, saying they could be jeopardizing their insurance coverage. With several counties in open rebellion against Wolf’s restrictions …

Pennsylvania Outlines Temporary Licensure Process for Insurers During COVID-19

The Pennsylvania Insurance Department has submitted a notice to all state insurance companies and agencies outlining the process for issuing temporary licenses for Pennsylvania resident insurance producers during the COVID-19 pandemic. “The COVID-19 pandemic is impacting the operations of businesses …

Pennsylvania Warns Consumers, Insurers About Rising National Auto Theft Rates

Pennsylvania Insurance Commissioner Jessica Altman has reminded drivers to take precautions to prevent auto theft, as a recent report shows the rate of car theft nationally rising by more than four percent in the first half of 2017. She also …