Streff v. State Farm Mutual Auto. Ins. Co., 2017 S.D. 83, was decided by the Supreme Court of South Dakota on December 13, 2017, affecting coverage in private passenger automobile policies for underinsured motorist coverage. The Court held that the government vehicle exclusion with respect to underinsured motorist coverage in private passenger auto policies unenforceable, and that […]
Effective March 28, 2018, all private passenger automobile insurers in Idaho must use the NEW Uninsured and Underinsured Motorist Disclosure found in which includes election/selection form found in Appendix A of the Idaho Administrative Code at IDAPA 18.01.20 Section .016. Carriers must begin using the new form for all new policies and those existing policies where UM or UIM […]
Andrew Stolfi has been appointed as the administrator of the Oregon Division of Financial Regulation. Stolfi spent six years in Switzerland at the International Association of Insurance Supervisors, most recently serving as chief operating officer and chief counsel. Before joining the IAIS he served in senior management roles at the Illinois Department of Insurance, including acting […]
The Florida Legislature is planning to take another stab at ending claims abuses blamed for property insurance rate hikes. Property insurers (homeowners and commercial property insurers alike) are battling the well-financed trial attorneys to bring an end to the manipulative self-serving generation of attorney fees from excessive lawsuits by repair contractors working under an affidavit […]
Assemblywoman Marlene Cabride, who has served in the New Jersey General Assembly since 2012 (4 terms), has been nominated as the next Department of Banking and Insurance (DOBI) Commissioner. Replacing current Commissioner Richard Badolato. Upon Senate confirmation, Caride will oversee the state Department of Banking and Insurance, which regulates the state’s banking, insurance, and real […]
Michael Conway has been appointed interim Colorado Insurance Commissioner, which became effective January 1, 2018. As Insurance Commissioner, Conway will also head the Division of Insurance (DOI), a part of the Colorado Department of Regulatory Agencies (DORA). Former Colorado Insurance Commissioner Marguerite Salazar, who has been serving in two roles since July 2017, when she […]
Mike Rothman has announced that he will be stepping down as Commissioner of the Minnesota Department of Commerce effective November 17, 2017. Jessica Looman has been appointed as the new Commissioner. Serving as the Deputy Commissioner of the Minnesota Department of Labor and Industry at the time of this appointment, her role with the DLI […]
Gary Anderson has been appointed the Massachusetts Commissioner of Insurance. He has served as the acting Commissioner of the Division of Insurance since February 24, 2017, and previously served in this role from January 2015 to April 2015. The Division of Insurance is responsible for regulation of the insurance industry and protection of consumers. Gary […]
The Virginia State Corporation Commission has appointed Scott White Commissioner of the Virginia Bureau of Insurance effective January 1, 2018. He succeeds the retiring Jacqueline Cunningham. The bureau licenses, regulates, investigates and examines insurance companies, agencies and agents on behalf of the citizens of the Commonwealth of Virginia with a staff of about 195 state […]
Pennsylvania Governor Wolf Appoints Altman as Acting Insurance Commissioner Pennsylvania Governor Tom Wolf has announced that Insurance Commissioner Teresa Miller has been appointed as the new Acting Secretary of Health and Human Services, and Jessica Altman has been appointed the Acting Insurance Commissioner. Jessica Altman has been Commissioner Miller’s Chief of Staff since June 2015. […]
