Comments on remaining issues with the National Association of Insurance Commissioners’ Auto Insurance Study Group (“Study Group”) risk classification data survey and overview document drafts were...
Connecticut Insurance Commissioner Katharine L. Wade announced in Bulletin PC-81 issued today, December 4, 2015, that the Connecticut Department of Insurance has officially warned property and casualty insurance...
COLUMBIA, S.C.–(BUSINESS WIRE)–The Seibels Bruce Group, Inc., (Seibels), an insurance services provider of business process outsourcing solutions, and Centauri Insurance, a seasoned insurance provider using...
Minnesota Commerce Commissioner Mike Rothman is ordering insurers doing business in Minnesota to stop the practice of “price optimization” in setting rates for auto and homeowners insurance, the Minnesota...
Creation of a “Coastal Band” wind insurance pool comprising states from Texas to Florida is among the solutions being considered by Alabama Governor Robert Bentley’s Coastal Insurance Working Group as...
Senator Ben Nelson announced today, October 8, 2015, that he will not renew his contract as CEO of the National Association of Insurance Commissioners (“NAIC”). His current term ends on January 31,...
Montana and Rhode Island have become the most recent states to address “price optimization,” with Montana issuing an outright ban on the practice. Summaries of each states’ respective announcement are...
The U.S. Government Accountability Office (“GAO”) reported that the majorrity of states lack liability statutes relating to general aviation. To view the GAO report and accompanying documents, click...
HARRISBURG, Pa., Sept. 8, 2015 /PRNewswire-USNewswire/ — Secretary of Banking and Securities Robin L. Wiessmann today announced the formation of a Cybersecurity Task Force designed to provide resources to the...
As lender-placed insurance (“LPI”) has become more prevalent in the post-Financial Crisis market, its higher premiums and minimal regulatory oversight have raised concern among both regulators and consumer...