State insurance regulators have rejected a request by State Farm Fire and Casualty Co. to raise homeowners’ rates by 16.6 percent. The rate revision would have affected more than 300,000 policyholders and generated an estimated $71.2 million in additional premiums …
Insurance Commissioner Jim Donelon has rejected a request by State Farm Fire & Casualty Co. to introduce a regional deductible for homeowner’s coverage. Donelon tells The Advocate State Farm, Louisiana’ largest insurer, with more than 300,000 homeowner’s policies or 29 …
Members of the National Association of Insurance Commissioners (NAIC) elected their 2013 officers during a national meeting held this week. Members elected North Dakota Insurance Commissioner Adam Hamm to the position of president-elect. He will assume president-elect duties Jan. 1, …
Two weeks ahead of an election deciding whether he keeps his job, North Carolina’s insurance commissioner told companies on Tuesday they’ll have to prove they should be allowed to increase premiums by a statewide average of 17.7 percent. The move …
North Carolina’s insurance commissioner is touring areas of the state badly damaged by Hurricane Irene because of concerns that some residents trying to file claims are being mistreated. Commissioner Wayne Goodwin will be in Washington County on Thursday and will …
Nearly $32 million in grants will be given to district attorneys across California to investigate and prosecute workers’ compensation insurance fraud, announced insurance commissioner Dave Jones. The grant funding is the result of assessments on California employers that are determined …
Michael D. Riley has been named as acting West Virginia insurance commissioner. Acting Gov. Earl Ray Tomblin said Tuesday that Riley’s appointment is effective July 1. Insurance Commissioner Jane Cline is retiring on June 30. Riley currently is assistant commissioner …
The Memorial Day wind storm in the Fargo area has caused more than $4.2 million in damage, according to North Dakota Insurance Commissioner, Adam Hamm. Reports from several insurers who write business in the affected area indicate that 1,740 claims …
West Virginia Insurance Commissioner Jane L. Cline is stepping down June 30. Acting Gov. Earl Ray Tomblin announced Cline’s retirement on Wednesday. He did not name a successor. Cline says she is retiring after 30 years in state government. She …
Oklahoma’s new Republican insurance commissioner and top prosecutor say they’re revamping how insurance fraud is investigated and prosecuted in the state. Attorney General Scott Pruitt and Insurance Commissioner John Doak say the two agencies will increase their level of cooperation …