Category: Insurance News

(Tallahassee, FL – Insurance News 360) – The Citizens Property Insurance Corporation (Citizens) has been allowed to remove up to 184, 500 policies from  six companies. These policies include 181,909 personal residential insurance policies and 2,591 commercial residential/nonresidential policies. The six companies allowed to remove policies include Anchor Property & Casualty Insurance Company, Heritage Property…

(Columbus, OH – Insurance News 360) – The Ohio budget bill provides new employee health insurance options for business owners who seek employee insurance through Multiple Employer Welfare Arrangements (MEWAs). These arrangements allow different employers to join in purchasing health insurance. These arrangements are not new to the state of Ohio. The newly approved state…

(Indianapolis, IN – Insurance News 360) – Tobacco users who are struggling to kick the habit may be able to get a bit of help from insurance companies, and the state is urging individuals to check with insurance companies and employers to learn about tobacco cessation options. Since 2014, insurance policies in the state have…

(Louisiana, LA – Insurance News 360) – On Sept. 1, Louisiana Insurance Commissioner Jim Donelon took control of the Louisiana Health Cooperative (CO-OP), following the issuance of an Order of Rehabilitation and Injunctive Relief by the 19th Judicial District Court. The CO-OP is a health maintenance organization (HMO) that had announced it would wind not…

(Baltimore, MD – Insurance News 360) – Maryland approves insurance rates for 2016 small group and individual markets The Maryland Insurance Administration (MIA) has approved premium rates for small group and individual health plans offered statewide starting Jan. 1, 2016. The review process resulted in reductions to rate increases for insurers in the state, saving…

(Louisiana, LA – Insurance News 360) – After taking control of the Louisiana Health Cooperative (LAHC or the CO-OP) on Sept. 1, Donelon is taking steps to assure healthcare providers that they will be paid for CO-OP services and to discuss the continued treatment of policyholders. “The new management of the CO-OP will work tirelessly…

(Jefferson City, MO – Insurance News 360) – Missouri drivers who have coverage from Safe Auto could receive a refund or credit after a market conduct examination led to the discovery that the auto insurer did not provide anti-theft discounts on qualifying vehicles between 2008 and 2015. The insurer is required to pay refunds to…

(Helena, MT – Insurance News 360) – Those interested in how the first year of the Patient-Centered Medical Home Program (PCMH) went now have a place to find answers to their question. Recently, Montana Insurance Commissioner Monica J. Lindeen released a report related to the program’s first full year of operation. The recently-released report from…

(Tallahassee, FL – Insurance News 360) – In early January, the Florida Office of Insurance Regulation (FLOIR) announced that up to 71,500 personal residential and commercial residential policies may be removed from the Citizens Property Insurance Corporation. The two companies that will participate are Heritage Property & Casualty Insurance Company and Southern Oak Insurance Company.…

(Raleigh, NC – Insurance News 360) – Two Fayetteville residents were arrested in late December on charges of insurance fraud and trying to get property under false pretenses in Lee County, in a case related to a January 2015 motor vehicle accident. Brian Thomas Bright, 39, was arrested on Dec. 22, while Althea M. Smith…