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 […]

Mark Afable appointed Wisconsin Insurance Commissioner

Mark Afable has been appointed Wisconsin Insurance Commissioner.  Afable, a graduate of the Marquette University Law School, has been an officer of American Family Insurance since 1994, and at the time of his appointment was their Chief Legal Officer.   He replaces current Commissioner of Insurance Ted Nickel, who has served as COmmissioner since 2011.  Afable’s […]

Idaho Uninsured and Underinsured Motorist Coverage Election

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 appointed Oregon Insurance Commissioner

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 assignment of benefits (AOB) problem: will the Florida Legislature fix it?

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 […]

Marlene Cabride nominated Banking and Insurance Commissioner in New Jersey

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 […]

Insuring driverless cars – Insurance Innovation

The marriage of technology and insurance product innovation has taken another leap forward as applied to insuring driverless cars. Insurance professionals should stay abreast of developments and educate ourselves on the new technologies for the design and delivery of insurance products. In support of this mission to educate insurance professionals, I am compelled to share […]

Gary Anderson has been appointed Massachusetts Commissioner of Insurance

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 […]

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. […]

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 […]