Latest Department of Insurance Headlines

All the headlines from our Department of Insurance Topic Page, ordered by recency.

Insolvent Missouri Insurers to Be Managed by Farm Bureau

Jan 9 2012 // A Barton County, Mo., judge in December 2011 approved a proposal to allow Missouri Farm Bureau to assume operations of three small insurance companies that became insolvent after paying claims from the May 22 Joplin...

3 Small Insurers Placed into Receivership in Missouri

Dec 8 2011 // A Barton County, Mo., judge has placed a group of three small insurance companies into receivership, after claims from the Joplin tornado left the group insolvent, the Missouri Department of Insurance reported.Missouri...

Insurance Company Liquidation Paying $4.1 Million to Ohio Consumers

Dec 6 2011 // Ohio Lt. Governor and Department of Insurance Director Mary Taylor announced the successful completion of The Physicians’ Assurance Corp. (TPAC) liquidation proceeding. TPAC was ordered into liquidation on Aug. 18,...

Nebraska Health Providers Urge State-based Insurance Exchange

Dec 2 2011 // Nebraska should not wait for the U.S. Supreme Court to rule on the Obama administration’s health care overhaul before it prepares a state-based insurance exchange, a leading hospital advocate said.Bruce Rieker, a...

People

Nov 7 2011 // Jim Donelon has been re-elected commissioner at the Louisiana Department of Insurance. Donelon, a Republican from Metairie, on Oct. 22 defeated Democrat Donald Hodge. Donelon has been insurance commissioner since...

Treasury Names Members of Federal Advisory Committee on Insurance

Nov 2 2011 // The U.S. Department of the Treasury appointed 15 individuals to serve as members of the Federal Advisory Committee on Insurance.The committee will provide advice to Treasury’s Federal Insurance Office (FIO), which...

Former Idaho Insurance Investigators Sue Department of Insurance, Others

Oct 17 2011 // A lawsuit filed by former Idaho insurance investigators says they were forced out of the Idaho Department of Insurance for turning over information to the feds during an investigation into an eastern Idaho insurance...

Insurance Agency Founder Sentenced for Fraud in D.C.

Oct 4 2011 // An insurance agency founder was recently placed on four years of supervised release and fined $10,000 in Washington, D.C., after earlier pleading guilty to insurance fraud, according to officials.Washington, D.C.,...

Former Idaho Insurance Investigators Sue Department of Insurance, Others

Sep 29 2011 // A lawsuit filed by former Idaho insurance investigators says they were forced out of the Idaho Department of Insurance for turning over information to the feds during an investigation into an eastern Idaho insurance...

Insurance Payments in Joplin, Missouri Recovery Top $1B

Sep 19 2011 // Insurance payouts from the May 22 Joplin tornado have exceeded $1 billion, according to the Missouri Department of Insurance. Home, auto and commercial insurers have reported their preliminary claims and payment numbers as...

Ohio Says Kentucky Agent Used Fake Names, Revokes License

Sep 2 2011 // Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor has revoked the resident insurance agent license of Sheri Lyn Sharp, of Burlington, Ky., for violations of Ohio insurance law.Sharp wrote...

Missouri Receives $21M Grant to Build Online Health Insurance Marketplace

Aug 17 2011 // Missouri has received a $21 million grant aimed at making health insurance coverage for individuals and small businesses more accessible and affordable, regulatorsUsing the grant awarded by the U.S. Department of Health...

Missouri: $745M in Claims Paid Toward Joplin Recovery

Aug 17 2011 // As of mid-July insurance companies serving consumers in the Joplin, Mo., area had paid more than $745 million in claims for residential, personal and commercial property damaged by the EF-5 tornado that struck May 22,...

California Insurance Investments in Underserved Areas Improves

Aug 1 2011 // California Insurance Commissioner Dave Jones announced today that since he took office in January, insurance companies and other investors have made $23.6 million in investments in under-served communities.Commissioner...

Kitzman Appointed as Next Texas Insurance Commissioner

Jul 20 2011 // Texas Gov. Rick Perry announced the appointment of Eleanor Kitzman of Austin as Texas Insurance Commissioner, effective Aug. 15, 2011, for a term to expire Feb. 1, 2013.She will replace Mike Geeslin, who announced earlier...

Former Ohio Insurance Agent Sentenced for $12,000 Theft

Jun 28 2011 // Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor announced that former insurance agent Alexis Prokup, of Perrysburg, Ohio, has been sentenced after pleading guilty to theft.Department of Insurance...

Ohio: More than 2,000 Agents, Agencies Face $21.7 Million in Tax Liens

Jun 8 2011 // The Ohio Department of Insurance Fraud, Enforcement and License Division, with help from Ohio Attorney General Mike DeWine’s office, has identified nearly 2,230 agents and agencies that owe the state of Ohio $21.7...

Missouri: 17,000 Insurance Claims Filed So Far From Joplin Tornado

Jun 8 2011 // The major insurance companies serving consumers in the Joplin area have received nearly 17,000 claims so far from residents and business owners with damage from the EF-5 tornado that struck the area on May 22, insurance...

$11M in Calif. Insurer Investments Go to Underserved Communities

May 4 2011 // Insurance Commissioner Dave Jones and Speaker John A. Pérez announced that $11 million in new insurance company investments will benefit underserved communities across California. In February, the commissioner sent a...

Nearly 7,000 Insurance Claims Filed After St. Louis Tornado

May 2 2011 // Missouri insurance regulators say major homeowners and auto insurance companies in the state have received nearly 7,000 claims from St. Louis residents with damage from the April 22 (Good Friday) tornado.The companies...