Latest Department of Insurance Headlines

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

Mar. 4 is Deadline to Apply for La. $100M Insurer Grant Program

Mar 3 2008 // The Louisiana Department of Insurance announced that the deadline for applications to the Insure Louisiana Incentive Program is March 4, 2008. The program offers property insurers up to $10 million in matching grant money....

Calif. Department of Insurance Denies it Violated Claims Adjusting Firm’s Settlement Terms

Feb 24 2008 // Matthew Todd, vice president of Paramount Disaster Recovery Inc., is claiming a media release by California Insurance Commissioner Steve Poizner misrepresented Paramount’s actions related to a recent lawsuit as well...

Tornadoes Slam Ala., Adding to Destructive Season Across the Region

Feb 19 2008 // Another wave of tornadoes materialized in the Deep South over the weekend and this time, in Prattville, Ala., several businesses on a commercially populated boulevard were severely damaged, according to a Department of...

La. Bail Bond Agent Arrested

Feb 11 2008 // A Shreveport, La., bail bond agent has been arrested, issued a cease and desist order, a notice of revocation of his license and fine notice for misappropriation and unfair trade practices, the Louisiana Department of...

La. Bail Bond Agent Arrested, License Revoked

Jan 17 2008 // The Louisiana Department of Insurance reported that a Shreveport bail bond agent has been arrested, issued a cease and desist order, a revocation of his license and fine for the felony crime of filing false public...

La. Insurance Department Chief of Staff Resigns

Jan 14 2008 // Chad Brown, chief of staff for the Louisiana Department of Insurance, has resigned.Insurance Commissioner Jim Donelon said Jan. 10 that Brown was leaving because of a “difference in philosophy.” Donelon did not...

La. Says Bail Bond Agent Filed False Documents

Jan 11 2008 // The Louisiana Department of Insurance issued a cease and desist order and suspended the license of a Frierson, La., bail bond agent accused of filing false public documents. The department says Brokenberry did not disclose...

Keystone Mutual Enters Mo. Medical Malpractice Market

Jan 9 2008 // St. Louis, Mo.-based Keystone Mutual Insurance Co. recently announced that it is accepting applications from Missouri physicians for professional liability insurance upon being awarded a license Dec. 31 by the Missouri...

Scathing Audit: Calif. Workers’ Comp Insurer Needs Significant Reforms

Dec 23 2007 // California’s State Compensation Insurance Fund “has weak corporate governance, inadequate internal controls in various areas and a general inability to plan for the long-term,” according to an operational...

Study: California Workers’ Comp Insurer Needs Significant Reforms

Dec 11 2007 // California’s State Compensation Insurance Fund “has weak corporate governance, inadequate internal controls in various areas and a general inability to plan for the long-term,” according to an operational...

Neb., Mo. Earn NAIC Accreditation Awards

Dec 4 2007 // Four state insurance departments recently received Accreditation Awards as part of the National Association of Insurance Commissioners’ (NAIC) Financial Regulation Standards and Accreditation Program.During the...

S.C. Places Capital Assurance Risk Retention Group in Receivership

Nov 16 2007 // The South Carolina Department of Insurance placed Capital Assurance Risk Retention Group (CARRG) in receivership for the purposes of rehabilitation.On Oct. 31, the Richland County Court of Common Pleas issued an order...

Mo. Dept. Hosts Training Course on Insurance Fraud for Investigators

Nov 7 2007 // The Missouri Department of Insurance’s Consumer Affairs Division today announced it will host a training course for state and local government special investigators on Friday, Nov. 9 in Jefferson City at the Harry S....

Ohio Announces Changes to Agent Continuing Education Process

Nov 5 2007 // The Ohio Department of Insurance recently announced that it will no longer require Continuing Education (CE) providers to collect an agent’s Social Security Number (SSN) starting Jan. 1, 2008. The Department said...

Consumer Group Says Calif. Commissioner’s Aide Helped Insurers in Lawsuit

Nov 2 2007 // The Foundation for Taxpayer and Consumer Rights is claiming a former insurance industry lawyer, a senior counsel to California Insurance Commissioner Steve Poizner, covertly assisted insurance companies in a lawsuit they...

S.C. Insurance Deptartment Announces Home Mitigation Program Grants

Oct 29 2007 // Fourteen South Carolina homeowners received grants of up to $5,000 each to help strengthen their homes against the high winds associated with hurricanes and other natural disasters.The S.C. Safe Home Grant Program was...

Neb. Man Sentenced for Charging Insurers for Bogus Auto Glass Repairs

Oct 17 2007 // The Nebraska Department of Insurance announced earlier this month that James Almond III, dba Viking Glass, was sentenced by District Court Judge Thomas Otepka on three felony counts of insurance fraud.Almond had been...

South Carolina Insurance Department Issues Data Call

Oct 9 2007 // In order to draw new carriers into South Carolina’s exposed coastal areas the Department of Insurance in coordination with the Wind and Hail Underwriting Association (Wind Pool) expanded coverage availability this...

People

Oct 8 2007 // James M. McGlennon was appointed vice president and chief information officer for Liberty Mutual Agency Markets, a strategic business unit of Liberty Mutual Group. McGlennon is responsible for the information technology...

Agents Alliance Speaker Goldman Proposes End of Broker Fees

Oct 1 2007 // Plaintiff attorney Norman Goldman, who was behind the infamous Krumme vs. Mercury lawsuit and other broker fee-related legal cases, has proposed that he will work with California insurance producers if they are willing to...