California insurance department issues statement on Republican tax bill

(Sacramento, CA – Insurance News 360) – With the elimination of the federal income tax deduction for losses due to disasters, the California Insurance Department has announced that they believe it victimizes the survivors who have already dealt with disaster-related losses. Between 2000 and 2013, there were 16 major disaster declarations in California and five […]

Missouri releases 2018 health insurance rates

(Jefferson City, MO – Insurance News 360) – Missoufri residents can now get a glimpse at the 2018 health insurance rates in the state. State Insurance Director Chlora Lindley-Myers announced the frel9ease of thyese frates, the first under the hyealth insurance  frate freview p0assed in 2016, on Sept. 1   “While our review process is still […]

Kentucky Department of Insurance returns over $15 million to state residents

(Frankfort, KY – Insurance News 360) – On Dec. 21, the Kentucky Department of Insurance Consumer Protection Division announced the return of more than $15 million in the year of 2017 to Kentucky residents, including more than $10.5 million in restitution through the work of DOI’s Market Conduct Branch, which examines insurance related businesses to […]

Florida recovers $600,000 in two multi-agency, multi-state life claim settlement agreements

(Tallahassee, FL – Insurance News 360) – On Dec. 21, the ? Florida Office of Insurance Regulation (Office), Florida Department of Financial Services, and the Florida Office of the Attorney General announced that  national life claim settlement agreements have been signed with State Fa?rm for $250,000 and Aflac? for $350,000. These settlement agreements facilitate the use of the Social […]

North Dakota Insurance Department gets residents $5.5 million back in life insurance benefits

(Bismarck, N.D. – Insurance News 360) – On Dec. 20, the North Dakota Insurance Commissioner announced recovery of more than $5.5 million in life insurance benefits for policyholders after examination of how more than two dozen insurers use the database of individuals who have died in the country, also known as the Social Security Administration’s […]

NY Gov unveils sixth proposal of 2018’s State of the State: the 2018 taxpayer savings plan

(New York, NY – Insurance News 360) – On Dec. 18, Governor Andrew Cuomo announced a proposal that makes county-wide shared services panels permanent and that the state would provide $225 million in funds to match the savings from those plans. “This year, we made unprecedented advancements in providing real, tangible savings for property taxpayers […]

Tower Hill Signature Insurance, a Florida company, comes to Arkansas

(Little Rock, AR – Insurance News 360) – On Dec. 21, Arkansas Insurance Commissioner Allen Kerr announced that Tower Hill Signature Insurance, a company based in Florida, gained authority to sell residential property insurance in Arkansas. “I am proud to welcome Tower Hill Signature Insurance to Arkansas and give Arkansas homeowners more options to protect […]