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Kentucky Auto Point-Of-Sale Tort Notice

The Kentucky Department of Insurance (Department) has issued Advisory Opinion 2022-0002, which clarifies the Department’s interpretation of the requirement for insurers to notify insureds of their right to reject the limitation of their tort rights. This Advisory Opinion was issued May 26, 2022, and was effective upon that day.  Every insurance company when issuing an […]

SC Director of Insurance Ray Farmer to Retire April 15, 2022

Ray Farmer will retire as Director of the South Carolina Department of Insurance on April 15, 2022.  Michael Wise, Deputy Director of Actuarial and Market Services, has been appointed to serve as Acting Director until Farmer’s successor is confirmed by the SC state Senate. Farmer has led the Department of Insurance since 2012.

IDAHO UNDERINSURED MOTORIST (UIM) CASE LAW ON SET-OFFS

Erick Pena v. Viking Insurance Company of Wisconsin, Supreme Court of Idaho (2/1/2022). A recent UIM declaratory judgment action discussed Idaho’s finding that Nationwide’s minimum limits UIM coverage with offsets is an illusory and in violation of public policy.  Viking denied Pena’s UIM claim, asserting that tortfeasor’s vehicle was not an “underinsured motor vehicle” as defined […]

West Virginia appoints Allan McVey as Insurance Commissioner

West Virginia Governor Justice announced, on September 22, 2021, the appointment of former Insurance Commissioner Allan McVey as the new West Virginia insurance commissioner, filling the position recently vacated by Jim Dodrill. The appointment requires the advice and consent of the Senate.  McVey, who recently served as secretary of administration, served as commissioner from March […]

Cassie Brown appointed Texas Commissioner of Insurance

Cassie Brown has been appointed Texas Commissioner of Insurance by Gov. Greg Abbott for a term that expires on Feb. 1, 2023. Brown has served as Texas Commissioner of Workers’ Compensation since 2018, succeeding Ryan Brannan who left the head post at the Division of Workers’ Compensation in May 2018.

New York DFS – newly appointed Superintendent – Adrienne Harris

Dana Popish Severinghaus appointed new Director of the Illinois Dept of Insurance

Illinois Governor Pritzker has appointed Dana Popish Severinghaus as the Director of the Illinois Department of Insurance. Popish Severinghaus was a former legislative and regulatory counsel at Allstate Insurance Company, and has legal, policy, government relations, and insurance industry-related experience.  She earned her Bachelor of Arts in Communication Studies and Journalism & Mass Communications from […]

Filing Insurance Applications in Florida

The question was recently posed in a discussion blog about when an insurer must file Applications with the Florida OIR.  Essentially asking, when does Section 627.410, Florida Statutes, require the Application to be filed.  This filing rule requires filing of an “…application form where written application is required and is to be made a part […]

BUCKLE CORP PURCHASES GATEWAY INSURANCE COMPANY

On June 16, 2020, Buckle Corp consummated the purchase of Gateway Insurance Company, an insurer licensed in 47 states to provide insurance to full-time and part-time limo, taxi and rideshare drivers, and providing digital fronting services to the InsureTech community.   

Kathleen Birrane appointed as the Maryland Insurance Commissioner

Kathleen Birrane, a partner at DLA Piper Global Law Firm, has been appointed as the next commissioner of the Maryland Insurance Administration by Gov. Larry Hogan. She will succeed Al Redmer, who will become Executive Director of the Maryland Auto Insurance Fund. According to DLA Piper, she advises insurers on complex regulatory compliance matters, insurance […]