Over $18.5 Million in Life Insurance Benefits Located for Tennesseans

Original source: https://www.tn.gov/commerce/news/2019/9/11/over–18-5-million-in-life-insurance-benefits-located-for-tennesseans.html

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Tennessee Department of Commerce and Insurance (09/11/19)

as a portion of Life Insurance Awareness Month in September, the Tennessee Department of Commerce and Insurance (TDCI) announced that unclaimed life insurance benefits totaling more than $18.5 million have been located for Tennesseans thus much in 2019. The National Association of Insurance Commissioners (NAIC) established the Life Insurance Policy Locator which enables beneficiaries, executors, or authorized representatives of a deceased person to monitor the life insurance policies or annuity contracts of the late family members or friends. This year more than $188 million was located for customers across all countries. “The Lost Policy Locator will help ease the load on grieving family members and friends who might worry about finding a policy through which is already a stressful time,” said TDCI Interim Commissioner Carter Lawrence. “I’m proud to help encourage this helpful tool that all Tennesseans can utilize.” NAIC President and Maine Insurance Superintendent Eric A. Cioppa additional,”Beneficiaries who don’t understand where policy paperwork is situated may struggle to find it while caring for their loved ones’ estate. The NAIC’s Life Insurance Policy Locator gives everybody in the U.S. accessibility to insurer databases and makes it easier to locate deductions and policies.”… Read More

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Original source: https://www.tn.gov/commerce/news/2019/9/11/over–18-5-million-in-life-insurance-benefits-located-for-tennesseans.html

All of the time we search the web nonstop to make you to relate to the need of having a Public Adjuster in your corner. Read this article we located.

Tennessee Department of Commerce and Insurance (09/11/19)

as a portion of Life Insurance Awareness Month in September, the Tennessee Department of Commerce and Insurance (TDCI) announced that unclaimed life insurance benefits totaling more than $18.5 million have been located for Tennesseans thus much in 2019. The National Association of Insurance Commissioners (NAIC) established the Life Insurance Policy Locator which enables beneficiaries, executors, or authorized representatives of a deceased person to monitor the life insurance policies or annuity contracts of the late family members or friends. This year more than $188 million was located for customers across all countries. “The Lost Policy Locator will help ease the load on grieving family members and friends who might worry about finding a policy through which is already a stressful time,” said TDCI Interim Commissioner Carter Lawrence. “I’m proud to help encourage this helpful tool that all Tennesseans can utilize.” NAIC President and Maine Insurance Superintendent Eric A. Cioppa additional,”Beneficiaries who don’t understand where policy paperwork is situated may struggle to find it while caring for their loved ones’ estate. The NAIC’s Life Insurance Policy Locator gives everybody in the U.S. accessibility to insurer databases and makes it easier to locate deductions and policies.”… Read More

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Commissioner Secures Restitution for Montanans Who Were Misled During Insurance Sales

Original source: https://csimt.gov/news/rosendale-secures-restitution-for-montanans-who-were-misled-during-insurance-sales/

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Montana Commissioner of Insurance Securities & Insurance (09/11/19)

State Auditor and Insurance Commissioner Matt Rosendale declared that 3,645 Montanans will soon receive letters in their mailboxes notifying them that they may be eligible for restitution from an insurance policy situation prosecuted by his office. If Montanans receive email tagged with”Health Insurance Innovations Restitution Fund” or”Dahl Administration, then” they ought to start the letter and follow the directions contained in it. To receive restitution, policyholders need to fill out the form attached to the letter and then return it into the State Auditor’s office by Nov. 9. The restitution comes in settlements in a situation dealing selling health insurance to people throughout the nation between 2016 and 2012. Lots of the individuals who sold the insurance providers were not licensed, not appointed with insurers accountable for the coverages supplied information regarding the policies’ terms. “My primary mission as State Auditor will be to safeguard consumers. If companies use misleading sales tactics or are dishonest about what they are selling, there’ll be impacts,” Rosendale stated. “The key is disclosure and transparency. Clients need to be made fully conscious of what they’re buying and the details of the contract”… Read More

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Original source: https://csimt.gov/news/rosendale-secures-restitution-for-montanans-who-were-misled-during-insurance-sales/

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Montana Commissioner of Insurance Securities & Insurance (09/11/19)

State Auditor and Insurance Commissioner Matt Rosendale declared that 3,645 Montanans will soon receive letters in their mailboxes notifying them that they may be eligible for restitution from an insurance policy situation prosecuted by his office. If Montanans receive email tagged with”Health Insurance Innovations Restitution Fund” or”Dahl Administration, then” they ought to start the letter and follow the directions contained in it. To receive restitution, policyholders need to fill out the form attached to the letter and then return it into the State Auditor’s office by Nov. 9. The restitution comes in settlements in a situation dealing selling health insurance to people throughout the nation between 2016 and 2012. Lots of the individuals who sold the insurance providers were not licensed, not appointed with insurers accountable for the coverages supplied information regarding the policies’ terms. “My primary mission as State Auditor will be to safeguard consumers. If companies use misleading sales tactics or are dishonest about what they are selling, there’ll be impacts,” Rosendale stated. “The key is disclosure and transparency. Clients need to be made fully conscious of what they’re buying and the details of the contract”… Read More

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Department of Financial Services Issues Guidance to Life Insurers and Insurance Producers to Protect Pension Holders from Unlicensed Activity

Original source: https://www.dfs.ny.gov/reports_and_publications/press_releases/pr1909111

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New York State Department of Financial Services (09/11/19)

New York Superintendent of Financial Services Linda A. Lacewell declared that the Department of Financial Services (DFS) issued guidance to life insurance and insurance producers to safeguard New York pension holders out of unlicensed activity in the nation’s pension risk transfer market. DFS has learned that handicapped life insurers, as well as insurance producers and unlicensed people representing unauthorized insurers or retirement plan sponsors with offices in New York, have been soliciting, negotiating, selling, and servicing group annuity contracts related to transferring retirement danger, such as terminal financing or close-out contracts, issued by companies that are not licensed in New York and in breach of New York Law. “We are taking this action to safeguard against unauthorized activity in the insurance market by or for companies which aren’t licensed in New York to ensure that New York’s pension holders receive the important consumer protections offered by New York Insurance Law,” explained Lacewell. “Consumer safety is the high priority, and we will continue to make sure that unauthorized individuals and insurers do not conduct business in New York State.”… Read More

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Original source: https://www.dfs.ny.gov/reports_and_publications/press_releases/pr1909111

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New York State Department of Financial Services (09/11/19)

New York Superintendent of Financial Services Linda A. Lacewell declared that the Department of Financial Services (DFS) issued guidance to life insurance and insurance producers to safeguard New York pension holders out of unlicensed activity in the nation’s pension risk transfer market. DFS has learned that handicapped life insurers, as well as insurance producers and unlicensed people representing unauthorized insurers or retirement plan sponsors with offices in New York, have been soliciting, negotiating, selling, and servicing group annuity contracts related to transferring retirement danger, such as terminal financing or close-out contracts, issued by companies that are not licensed in New York and in breach of New York Law. “We are taking this action to safeguard against unauthorized activity in the insurance market by or for companies which aren’t licensed in New York to ensure that New York’s pension holders receive the important consumer protections offered by New York Insurance Law,” explained Lacewell. “Consumer safety is the high priority, and we will continue to make sure that unauthorized individuals and insurers do not conduct business in New York State.”… Read More

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Arson of Vacant House: Covered Fire Loss or Excluded Vandalism?

Original source: http://feeds.lexblog.com/~r/propertyinsurancecoveragelaw/YZft/~3/lTvDNXFoD8o/

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In a recent instance,1 a federal appeals court dealt with the matter of if fire damage to a vacant dwelling from an arsonist was considered distinct so as to not implicate an exclusion within a homeowners insurance policy. If That’s the Case, Wells Fargo Bank owned an insurance policy on an abandoned home an…… Continue Reading
.

Read More

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Original source: http://feeds.lexblog.com/~r/propertyinsurancecoveragelaw/YZft/~3/lTvDNXFoD8o/

Our intent is to run around the web everyday to guide you to understand to the need of keeping a Public Adjuster there to assist you. Look at this website post we found.

In a recent instance,1 a federal appeals court dealt with the matter of if fire damage to a vacant dwelling from an arsonist was considered distinct so as to not implicate an exclusion within a homeowners insurance policy. If That’s the Case, Wells Fargo Bank owned an insurance policy on an abandoned home an…… Continue Reading
.

Read More

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Consumer Advisory: Life Insurance Policy Locator Finds Nearly $12 Million for Colorado Consumers

Original source: https://www.colorado.gov/pacific/dora/news/consumer-advisory-life-insurance-policy-locator-finds-nearly-12-million-colorado-consumers

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The locator is on the site of this Colorado Division of Insurance. This online tool has received 2,797 requests from Coloradans because November 2016, that turned up 796 matches of life insurance policies or annuities, with claims quantities of 11,970,835 during July 31. Nationwide, 145,432 asks have led to 46,665 games. “Calls to the branch asking how to monitor an life insurance policy or annuity are surprisingly frequent,” explained Kate Harris, Chief Deputy Commissioner of Insurance for Health and Life Policy. “It was a lengthy, hard search, however today the Life Insurance Policy Locator offers consumers a way to search for annuities and policies. We encourage anybody who thinks there is a relative’s coverage out there to submit a petition “… Read More

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Original source: https://www.colorado.gov/pacific/dora/news/consumer-advisory-life-insurance-policy-locator-finds-nearly-12-million-colorado-consumers

I browse the net nonstop to guide you to realize to the betterment of having a Public Adjuster on your side. Look at this story we ran across.

The locator is on the site of this Colorado Division of Insurance. This online tool has received 2,797 requests from Coloradans because November 2016, that turned up 796 matches of life insurance policies or annuities, with claims quantities of 11,970,835 during July 31. Nationwide, 145,432 asks have led to 46,665 games. “Calls to the branch asking how to monitor an life insurance policy or annuity are surprisingly frequent,” explained Kate Harris, Chief Deputy Commissioner of Insurance for Health and Life Policy. “It was a lengthy, hard search, however today the Life Insurance Policy Locator offers consumers a way to search for annuities and policies. We encourage anybody who thinks there is a relative’s coverage out there to submit a petition “… Read More

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Miami Mayor Named to Florida Blockchain Task Force

Original source: https://www.floridadaily.com/miami-mayor-named-to-florida-blockchain-task-force/

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Florida Daily (09/11/19) Derby, Kevin

Florida CFO Jimmy Patronis has Called Miami Mayor Francis Suarez to the Florida Blockchain Task Force, which Was Made in August.

Patronis’ office says,”The task force will study if and how county, state, and municipal governments can benefit from a transition into a blockchain-based system for recordkeeping, information security, financial transactions, and support delivery and determine approaches to improve government interaction with companies and the public. The major focus of this task force would be to recognize the financial growth and development opportunities introduced by blockchain technology.” Patronis adds,”I’m proud that the Blockchain Task Force is based within the Florida Department of Financial Services. We’ll work to research and create a master plan for fostering the expansion of blockchain within our nation and innovation will keep us in the forefront of this expanding technological sector.”… Read More

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Original source: https://www.floridadaily.com/miami-mayor-named-to-florida-blockchain-task-force/

We browse the world wide web effortlessly to guide you to understand to the need of getting a Property Damage Adjustment Consultant on your side. Take a look at this article we ran across.

Florida Daily (09/11/19) Derby, Kevin

Florida CFO Jimmy Patronis has Called Miami Mayor Francis Suarez to the Florida Blockchain Task Force, which Was Made in August.

Patronis’ office says,”The task force will study if and how county, state, and municipal governments can benefit from a transition into a blockchain-based system for recordkeeping, information security, financial transactions, and support delivery and determine approaches to improve government interaction with companies and the public. The major focus of this task force would be to recognize the financial growth and development opportunities introduced by blockchain technology.” Patronis adds,”I’m proud that the Blockchain Task Force is based within the Florida Department of Financial Services. We’ll work to research and create a master plan for fostering the expansion of blockchain within our nation and innovation will keep us in the forefront of this expanding technological sector.”… Read More

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As Gov. Touts Price Drops from Summit County Health Insurance Alliance, Hospitals Are Skeptical It Can Work Statewide

Original source: https://coloradosun.com/2019/09/10/peak-health-alliance-savings-hospitals/

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Colorado Sun (09/10/19) Ingold, John

Colorado Gov. Jared Polis estimates a family of four Summit County will be able to save $14,000 in their health insurance next year as a consequence of the newest Peak Health Alliance, in comparison with what they’re paying now. However, hospitals say they’re not sure that people in different regions of the country will have the ability to replicate exactly the identical amount of discounts. Colorado Insurance Commissioner Michael Conway disagrees with all the hospitals, stating,”I think that it’s basically wrong. I believe the exceptional elements which are found at Summit County are completely present around the country because that unique factor is people think they are paying too much for their health insurance.” He considers that under a”purchasing alliance” model, consumers secure the very best deal they can out of hospitals, and also ask insurance companies to bid for their organization. Conway states ,”The reason why we’re focused on statewide is we believe we can build something that has significant leverage and significant purchasing power.”… Read More

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Original source: https://coloradosun.com/2019/09/10/peak-health-alliance-savings-hospitals/

All of the time we search the internet everyday to help you to realize to the betterment of keeping a Property Damage Adjustment Consultant on your side. Take a few seconds to read this web post we located.

Colorado Sun (09/10/19) Ingold, John

Colorado Gov. Jared Polis estimates a family of four Summit County will be able to save $14,000 in their health insurance next year as a consequence of the newest Peak Health Alliance, in comparison with what they’re paying now. However, hospitals say they’re not sure that people in different regions of the country will have the ability to replicate exactly the identical amount of discounts. Colorado Insurance Commissioner Michael Conway disagrees with all the hospitals, stating,”I think that it’s basically wrong. I believe the exceptional elements which are found at Summit County are completely present around the country because that unique factor is people think they are paying too much for their health insurance.” He considers that under a”purchasing alliance” model, consumers secure the very best deal they can out of hospitals, and also ask insurance companies to bid for their organization. Conway states ,”The reason why we’re focused on statewide is we believe we can build something that has significant leverage and significant purchasing power.”… Read More

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Self-Defense Policies Backed by the NRA Are Banned Due to the 'Insuring of Unlawful Activity' in WA State

Original source: https://soundcloud.com/thelarslarsonshow/mike-kreidler-drunk-driving-incidents-are-considered-accidents-despite-intentions-of-the-driver

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KTSA (09/11/19) Larson, Lars

Washington state Insurance Commissioner Mike Kreidler was an official guest on The Lars Larson Show, in which he discussed why shooting a gun in self-defense is deemed unlawful within insurance policies. In accordance with Kreidler, using a gun from an insured gun operator could be considered a criminal act…. Read More

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Original source: https://soundcloud.com/thelarslarsonshow/mike-kreidler-drunk-driving-incidents-are-considered-accidents-despite-intentions-of-the-driver

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KTSA (09/11/19) Larson, Lars

Washington state Insurance Commissioner Mike Kreidler was an official guest on The Lars Larson Show, in which he discussed why shooting a gun in self-defense is deemed unlawful within insurance policies. In accordance with Kreidler, using a gun from an insured gun operator could be considered a criminal act…. Read More

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State Department of Insurance Announces Victim Assistance Center in Carolina Shores

Original source: https://www.wect.com/2019/09/11/state-department-insurance-announces-victim-assistance-center-carolina-shores-thursday/

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WECT (NC) (09/11/19)

North Carolina Insurance Commissioner Mike Causey says a Victim Assistance Center (VAC) will be put up at Carolina Shores in Brunswick County on Sept. 12, which he plans to attend. The North Carolina Department of Insurance will have experts on hand in the VAC to assist area residents with concerns regarding damage from Hurricane Dorian. The National Weather Service maintains that a dozen homes were damaged as soon as an EF two tornado ripped through Carolina Shores, and countless trees snapped. The course of the storm was 4 kilometers long and winds reached approximately 120 mph…. Read More

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Original source: https://www.wect.com/2019/09/11/state-department-insurance-announces-victim-assistance-center-carolina-shores-thursday/

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WECT (NC) (09/11/19)

North Carolina Insurance Commissioner Mike Causey says a Victim Assistance Center (VAC) will be put up at Carolina Shores in Brunswick County on Sept. 12, which he plans to attend. The North Carolina Department of Insurance will have experts on hand in the VAC to assist area residents with concerns regarding damage from Hurricane Dorian. The National Weather Service maintains that a dozen homes were damaged as soon as an EF two tornado ripped through Carolina Shores, and countless trees snapped. The course of the storm was 4 kilometers long and winds reached approximately 120 mph…. Read More

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NAIC Surplus Lines Task Force Considers Blanks Proposal for Home State Direct Premiums Written

Original source: https://www.jdsupra.com/legalnews/ll-surplus-lines-series-entry-14-naic-29756/

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JDSupra (09/11/19) Emmanuel, John

At the National Association of Insurance Commissioners Summer National Meeting in New York, the Surplus Lines Task Force discussed with a Fresh Blanks proposal Concerning home Condition direct premium written.

The task force noted that the aim of the new Blank will be to give”a basis for country regulators to reconcile broker reported surplus lines top using firm supplied information to ensure nations are getting the proper quantity of surplus lines premium taxes” This year, the task force surveyed insurance departments regarding the extent to which they conduct the frequency of these reconciliations surplus lines tax reconciliations, and whether the departments were in favor of data on a home state direct superior foundation. A total of 24 countries, or 73 percent of the poll participants, have been in favor of capturing the data, along with the task force believes the least burdensome strategy would be to add a new Part 3. The task force agreed to allow for a brief period of 60 days 3 of Schedule T…. Read More

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Original source: https://www.jdsupra.com/legalnews/ll-surplus-lines-series-entry-14-naic-29756/

Our intent is to browse the internet each day to make you to relate to the importance of keeping a Property Damage Adjustment Consultant in your corner. Take a few seconds to read this website post we found.

JDSupra (09/11/19) Emmanuel, John

At the National Association of Insurance Commissioners Summer National Meeting in New York, the Surplus Lines Task Force discussed with a Fresh Blanks proposal Concerning home Condition direct premium written.

The task force noted that the aim of the new Blank will be to give”a basis for country regulators to reconcile broker reported surplus lines top using firm supplied information to ensure nations are getting the proper quantity of surplus lines premium taxes” This year, the task force surveyed insurance departments regarding the extent to which they conduct the frequency of these reconciliations surplus lines tax reconciliations, and whether the departments were in favor of data on a home state direct superior foundation. A total of 24 countries, or 73 percent of the poll participants, have been in favor of capturing the data, along with the task force believes the least burdensome strategy would be to add a new Part 3. The task force agreed to allow for a brief period of 60 days 3 of Schedule T…. Read More

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