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23 Apr 2020, 4:06 pm
North Carolina: On April 21, the North Carolina Department of Insurance issued a FAQ guidance regarding the Commissioner’s Order and Bulletin 20-B-06 issued on March 27, 2020 and the Commissioner’s Extended Order and Bulletin 20-B-07 issued on April 21, 2020. [read post]
24 Aug 2011, 4:26 am
However, Source One argued the arbitration and forum selection clause were not valid under California law because state law required all workers' compensation policies to be filed with the state insurance department and the insurer had not done so. [read post]
3 Apr 2020, 4:34 pm
” Connecticut: On April 2nd, the Insurance Department issued a Notice to all entities licensed or regulated by the Insurance department including admitted and non-admitted insurers, insurance producers and surplus lines brokers concerning the Insurance Department’s Interpretive Guidance No. 1 for Executive Order No. 7S. [read post]
27 Sep 2017, 11:31 am
California The California Department of Business Oversight (DBO) has released proposed regulations under the state’s Student Loan Servicing Act. [read post]
23 Mar 2024, 6:13 pm
California: In June 2022, the California Department of Insurance issued Bulletin 2022-5[7] which broadly addresses allegations of racial bias and unfair discrimination in marketing, rating, and claims practices by the insurance industry. [read post]
9 Apr 2020, 5:55 pm
Property and Casualty Insurance California: On April 9th, Insurance Commissioner Ricardo Lara issued a Notice on Coverage for Delivery Drivers for California Essential Businesses During the COVID-19 Public Health Emergency, urging, among other things, that all admitted and non-admitted insurance companies extend auto insurance coverage for drivers who are using their personal vehicles to fulfill deliveries for… [read post]
29 May 2024, 8:43 am
Resources: Colorado State University, Forecast for 2024 Hurricane Activity Aon, 2024 Climate and Catastrophe Insight California Department of Insurance, The Hidden Cost of Delaying Climate Action for West Coast Insurance Markets Public Citizen, Testimony on the Impacts of Extreme Weather on the Property and Casualty Insurance Market Public Citizen, Letter to the National Association of Insurance Commissioners, Climate… [read post]
23 Jun 2010, 2:22 am
This updates our October 19, 2009, and our May 7, 2010 blog posts.On June 11, 2010, the California Insurance Department issued proposed regulations, on an emergency basis, to implement Senate Bill 98 (“SB”), which repealed existing viatical settlement statutes and enacted life settlement statutes. [read post]
24 Apr 2020, 2:23 pm
” In Washington, the Washington Office of Insurance Commissioner issued Emergency Order No. 20-03 (March 25, 2020), requiring that all “insurers, insurance producers, surplus lines brokers and other entities regulated by the Insurance Commissioner” provide grace periods for nonpayment of premium and waive otherwise applicable charges and fees associated with nonpayment of premium, such as late fees and reinstatement fees. [read post]
27 Feb 2012, 12:25 pm
Dave Jones, commissioner of the California Department of Insurance, said in announcing the Prudential settlement, that the Death Master inquiry “exposed life insurance companies’ failure to pay benefits even though they had knowledge of policyholder deaths. [read post]
3 Apr 2009, 10:54 pm
Under the direction of the Insurance Commissioner, the California Department of Insurance makes funds available, as authorized by Section 18971 of the California Insurance Code, to the District Attorney's Office for investigation and prosecution of automobile insurance fraud. [read post]
6 Jul 2010, 12:01 pm
Speaking for the National Association of Insurance Commissioners (NAIC), its President and West Virginia Insurance Commissioner Jane L. [read post]
16 Nov 2012, 4:56 pm
California Insurance Commissioner, Dave Jones, said, "Preying on California employers while profiteering on the reputation of a tribal nation to commit insurance fraud is deplorable. [read post]
18 Nov 2011, 1:49 pm
Hogeboom, Samuel Sorich and Steven Weinstein On November 10, 2011, the California Department of Insurance (“CDI” or “Department”) conducted a workshop to consider potential changes to regulations that govern prior approval of property/casualty insurance rates and class plan applications. [read post]
16 Mar 2012, 9:01 am
When an insurance company becomes insolvent, the Insurance Commissioner terminates the business by cancelling policies and not issuing or renewing policies. [read post]
4 Apr 2012, 1:00 pm
Insurance Commissioner Dave Jones observed that the high combined ratios will probably result in a rise in workers’ compensation insurance rates. [read post]
4 Apr 2012, 12:00 pm
Insurance Commissioner Dave Jones observed that the high combined ratios will probably result in a rise in workers’ compensation insurance rates. [read post]
6 Sep 2022, 10:09 am
Departments of insurance and those involved with market conduct studies should also be studying this. [read post]
13 Apr 2020, 4:59 pm
California: On April 13th, Commissioner Ricardo Lara issued Bulletin 2020-3, ordering insurers to make an initial premium refund for the months of March and April to all adversely impacted California policyholders in the below listed lines of insurance, as quickly as practicable, but in any event no later than 120 days after April 13. [read post]
15 Apr 2008, 4:13 pm
Prior to his 2004 appointment as inspector general, Cate was a supervising deputy attorney general, who, as head of the public corruption unit, led investigations into former Insurance Commissioner Chuck Quackenbush and the state's controversial no-bid contract with Oracle Corp. [read post]
