Jessica Altman appointed as Acting Insurance Commissioner by Pennsylvania Governor Wolf

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. […]

Mopeds covered by Uninsured & Underinsured Insurance in South Carolina

South Carolina Auto Insurance must cover moped use under the uninsured motorist and underinsured motorist coverage. On June 21, 2017, South Carolina Director of Insurance Ray Farmer issued Bulletin Number 2017-03.  Mopeds are now included in the definition of a motor vehicle for the purposes of uninsured and underinsured motor vehicle insurance coverages (only) pursuant […]

Nancy Atkins appointed Commissioner of the Kentucky Department of Insurance on May 1

Nancy G. Atkins was appointed commissioner of the Kentucky Department of Insurance on May 1.  Formerly the Deputy Commissioner, she has worked in the insurance industry for 33 years, both as an agent and employee benefit manager. Before joining the Department of Insurance, she was director of sales and marketing at Bluegrass Family Health Inc.  […]

Chlora Lindley-Myers, new Director of the Missouri Department of Insurance

Chlora Lindley-Myers, has been appointed the Director of the Missouri Department of Insurance by Governor Greitens.   She most recently served as Deputy Commissioner at the Tennessee Department of Commerce & Insurance (TDCI) Deputy Commissioner.  Early in her career she had a 10 year stint in underwriting and claims administration for Aetna Life, and her career has […]

David Altmaier named Florida Insurance Commissioner

It was announced today (April 29) that David Altmaier, Florida’s current Deputy Commissioner, Property & Casualty, has been unanimously approved by the Florida Cabinet for the position of Insurance Commissioner of the Florida Office of Insurance Regulation. Current Commissioner Kevin McCarty has served as Florida’s chief insurance regulator for over ten years.  He will remain in office […]

Leslie Hess Named Arizona Interim Insurance Director

Arizona Governor Doug Ducey has appointed Leslie Hess as the Interim Director of the Arizona Department of Insurance.  The official press release states Hess has been with the Department of Insurance for 12 years as deputy receiver and legal advisor.   She was with the Arizona Legislative Council for 2 years and worked for the Arizona Corporation Commission, Securities Division […]

Maynard and Vullo New Insurance Commissioners Kentucky & New York

Brian Maynard and Maria Vullo are the newest state insurance commissioners (1/22/2016).  [Blogger’s Note: April 2017 Commissioner Maynard resigned and Nancy Atkins was appointed KY Commissioner.] Kentucky Governor Matt Bevin has named Brian Maynard as the new Commissioner of the Kentucky Department of Insurance, replacing Commissioner Sharon Clark. Mr. Maynard is a certified financial examiner and has been […]

Price Optimization – State Regulation Roundup

I have been asked to provide a roundup of the state developments with respect to “price optimization”.  Some states acknowledge that “price optimization” does not have a universally recognized definition.  There is a continually growing number of states that have stated that to the extent “price optimization” involves rating that considers non-risk-related factors such as “price elasticity of […]

Auto Insurance Policy Exclusions: Livery and Delivery Exclusions

Private passenger auto policies commonly excluded liability coverage for “livery” use starting around the middle of 1960, and the courts customarily applied this exclusion where the private passenger auto was used as a taxi (i.e. gypsy cab). As the courts eroded the effectiveness of the exclusion, and for-profit use of the private auto expanded, insurers […]

Plan For Market Conduct Exams

State insurance departments have been aggressive with market conduct examinations in personal lines (auto and homeowners). We have seen a marked uptick in the frequency of calls asking us to prepare researched responses to the market conduct issues and to negotiate with the examiners to minimize fines, as well as to temper the severity of […]