Original source: http://www.insurance.ca.gov/0400-news/0100-press-releases/2019/release064-19.cfm
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California Department of Insurance (09/05/19)
Two recent California Department of Insurance investigations have resulted in the arrests of three San Jose citizens who reported car accidents for their insurance and supposedly misrepresented the facts to collect unearned insurance payouts. In the first instance, Ernesto Velasco, Sr., along with his son, Ernesto Velasco, Jr., were charged with multiple felony counts of insurance fraud after the department found that they had allegedly misrepresented information to an insurer regarding who had been driving a vehicle involved in a car crash. The Velascos’ claims led to a $4,888 reduction to the insurer. Cristina Pastrana was arrested on multiple felony counts of auto insurance fraud after allegedly misrepresenting data to an insurer asserting she was a motorist in an automobile collision. The department’s analysis was not there when the incident occurred and found that Pastrana wasn’t the motorist. Pastrana claim resulted in an $3,157 loss…. Read More
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Original source: http://www.insurance.ca.gov/0400-news/0100-press-releases/2019/release064-19.cfm
We search the internet everyday to make you to realize to the need of keeping a Property Damage Adjustment Consultant on your side. Take a minute to read this story we ran across.
California Department of Insurance (09/05/19)
Two recent California Department of Insurance investigations have resulted in the arrests of three San Jose citizens who reported car accidents for their insurance and supposedly misrepresented the facts to collect unearned insurance payouts. In the first instance, Ernesto Velasco, Sr., along with his son, Ernesto Velasco, Jr., were charged with multiple felony counts of insurance fraud after the department found that they had allegedly misrepresented information to an insurer regarding who had been driving a vehicle involved in a car crash. The Velascos’ claims led to a $4,888 reduction to the insurer. Cristina Pastrana was arrested on multiple felony counts of auto insurance fraud after allegedly misrepresenting data to an insurer asserting she was a motorist in an automobile collision. The department’s analysis was not there when the incident occurred and found that Pastrana wasn’t the motorist. Pastrana claim resulted in an $3,157 loss…. Read More
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Original source: http://www.ldi.la.gov/news/press-releases/9.6.19-donelon-announces-fourth-statewide-auto-insurance-rate-reduction-by-state-farm
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Louisiana Department of Insurance (09/06/19)
Pursuant to a rate Bill by State Farm Mutual Insurance Company, Louisiana Insurance Commissioner Jim Donelon Declared that the Insurance Company has Full for a statewide average of Decrease in premiums of -2.6 Percent.
Donelon affirmed the press release regarding the reduction of State Farm while the rate filing remains pending review. “As Louisiana’s market leader in automotive coverage, this fourth reduction of -2.6percent by State Farm reflects the effects of genuine competition from the Louisiana car insurance marketplace,” said Donelon. “Taken together with its three previous reductions, State Farm has requested rate discounts of -10.4percent in only over a year, which is excellent news for many Louisiana consumers.” This decrease continues the tendency of diminishing premiums by lots of Louisiana insurers which contains Progressive along with Louisiana Farm Bureau. State Farm’s recent decrease, that is pending approval for new and supporting clients, is anticipated to be implemented by Nov. 25, 2019, also affects 1,014,960 policyholders…. Read More
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Original source: http://www.ldi.la.gov/news/press-releases/9.6.19-donelon-announces-fourth-statewide-auto-insurance-rate-reduction-by-state-farm
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Louisiana Department of Insurance (09/06/19)
Pursuant to a rate Bill by State Farm Mutual Insurance Company, Louisiana Insurance Commissioner Jim Donelon Declared that the Insurance Company has Full for a statewide average of Decrease in premiums of -2.6 Percent.
Donelon affirmed the press release regarding the reduction of State Farm while the rate filing remains pending review. “As Louisiana’s market leader in automotive coverage, this fourth reduction of -2.6percent by State Farm reflects the effects of genuine competition from the Louisiana car insurance marketplace,” said Donelon. “Taken together with its three previous reductions, State Farm has requested rate discounts of -10.4percent in only over a year, which is excellent news for many Louisiana consumers.” This decrease continues the tendency of diminishing premiums by lots of Louisiana insurers which contains Progressive along with Louisiana Farm Bureau. State Farm’s recent decrease, that is pending approval for new and supporting clients, is anticipated to be implemented by Nov. 25, 2019, also affects 1,014,960 policyholders…. Read More
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Original source: http://www.insurance.ca.gov/0400-news/0100-press-releases/2019/release065-19.cfm
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California Department of Insurance (09/06/19)
California Insurance Commissioner Ricardo Lara announced the new members of the 2019-2020 Insurance Diversity Task Force, making recommendations on the insurance commissioner regarding advanced approaches to improve diversity within the insurance market. The most recent members comprise the Task Force’s first representative of Latina CEO of the Los Angeles Chamber of Commerce and girl and this business enterprise seat among trailblazers and other new associates, within its 130 decades. “I’m honored to announce that the new members of the Task Force, that all share the common goal for me to make greater diversity in the insurance business,” said Lara. “We are building the bridge which joins our state’s varied small business owners with the country’s largest insurance business, in addition to continued to push for boards of supervisors that reflect our state’s growing diversity. I am confident that the broad range of knowledge and experience of our new Task Force members will progress increased supplier and governing board diversity in this business.”… Read More
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Original source: http://www.insurance.ca.gov/0400-news/0100-press-releases/2019/release065-19.cfm
Our intent is to browse the net nonstop to reach out to you to understand to the idea of getting a Property Damage Adjustment Consultant there to assist you. Look at this web post we ran across.
California Department of Insurance (09/06/19)
California Insurance Commissioner Ricardo Lara announced the new members of the 2019-2020 Insurance Diversity Task Force, making recommendations on the insurance commissioner regarding advanced approaches to improve diversity within the insurance market. The most recent members comprise the Task Force’s first representative of Latina CEO of the Los Angeles Chamber of Commerce and girl and this business enterprise seat among trailblazers and other new associates, within its 130 decades. “I’m honored to announce that the new members of the Task Force, that all share the common goal for me to make greater diversity in the insurance business,” said Lara. “We are building the bridge which joins our state’s varied small business owners with the country’s largest insurance business, in addition to continued to push for boards of supervisors that reflect our state’s growing diversity. I am confident that the broad range of knowledge and experience of our new Task Force members will progress increased supplier and governing board diversity in this business.”… Read More
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Original source: https://news.delaware.gov/2019/09/06/delaware-named-as-asia-captive-awards-finalist/
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Delaware Department of Insurance (09/06/19)
Captive Review magazine published the shortlists for the 2019 Asia Captive awards for both captive insurance domiciles from Asia and also non-Asian domiciles having a substantial presence on the heavens, and Delaware is currently a finalist for non-Asian domicile of this year. “The Delaware Insurance Department has one of the highest international profiles of almost any U.S. country,” said Insurance Commissioner Trinidad Navarro. “We participate in several of international supervisory schools and function together with insurance businesses in Asian countries such as Japan and Singapore. Its captive insurance policy director, Steve Kinion, is also the only U.S. captive domicile operator who has not only met , but also educated classes about the U.S. insurance regulatory system, for the staff in the China Insurance Regulatory Commission.” Delaware is the world’s fifth biggest captive insurance domicile and the largest in the USA…. Read More
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Original source: https://news.delaware.gov/2019/09/06/delaware-named-as-asia-captive-awards-finalist/
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Delaware Department of Insurance (09/06/19)
Captive Review magazine published the shortlists for the 2019 Asia Captive awards for both captive insurance domiciles from Asia and also non-Asian domiciles having a substantial presence on the heavens, and Delaware is currently a finalist for non-Asian domicile of this year. “The Delaware Insurance Department has one of the highest international profiles of almost any U.S. country,” said Insurance Commissioner Trinidad Navarro. “We participate in several of international supervisory schools and function together with insurance businesses in Asian countries such as Japan and Singapore. Its captive insurance policy director, Steve Kinion, is also the only U.S. captive domicile operator who has not only met , but also educated classes about the U.S. insurance regulatory system, for the staff in the China Insurance Regulatory Commission.” Delaware is the world’s fifth biggest captive insurance domicile and the largest in the USA…. Read More
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Original source: https://portal.ct.gov/CID/News-Releases/Press-Releases/Press-Releases-20190906
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“We look forward to getting Andy combine our IAIS delegation to simply dig into complex global insurance problems and to contribute his expertise and expertise to a variety of IAIS workstreams. He’ll be a strong advocate for standards and guidance that operate for U.S. insurance markets and customers,” said National Association of Insurance Commissioners President and Maine Insurance Superintendent Eric Cioppa. Mais said,”The state-based program at the USA functions because of member participation, which desire is magnified when we seem globally. I’m excited to use my U.S. and international colleagues at the IAIS, including implementing the newest IAIS strategic strategy in a meaningful manner that truly gives regulators the tools that they have to safeguard consumers and markets internationally.” In addition to Mais, the U.S. state insurance program is represented on the Executive Committee by NAIC Vice President along with Florida Insurance Commissioner David Altmaier, that serves as Vice Chair. NAIC President-Elect and also South Carolina Insurance Director Raymond G. Farmer, Massachusetts Insurance Commissioner Gary Anderson, and NAIC CEO Mike Consedine also serve on the committee…. Read More
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Original source: https://portal.ct.gov/CID/News-Releases/Press-Releases/Press-Releases-20190906
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“We look forward to getting Andy combine our IAIS delegation to simply dig into complex global insurance problems and to contribute his expertise and expertise to a variety of IAIS workstreams. He’ll be a strong advocate for standards and guidance that operate for U.S. insurance markets and customers,” said National Association of Insurance Commissioners President and Maine Insurance Superintendent Eric Cioppa. Mais said,”The state-based program at the USA functions because of member participation, which desire is magnified when we seem globally. I’m excited to use my U.S. and international colleagues at the IAIS, including implementing the newest IAIS strategic strategy in a meaningful manner that truly gives regulators the tools that they have to safeguard consumers and markets internationally.” In addition to Mais, the U.S. state insurance program is represented on the Executive Committee by NAIC Vice President along with Florida Insurance Commissioner David Altmaier, that serves as Vice Chair. NAIC President-Elect and also South Carolina Insurance Director Raymond G. Farmer, Massachusetts Insurance Commissioner Gary Anderson, and NAIC CEO Mike Consedine also serve on the committee…. Read More
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Original source: https://www.dfs.ny.gov/reports_and_publications/press_releases/pr1909061
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New York State Department of Financial Services (09/06/19)
As part of a comprehensive effort to combat the opioid emergency, Gov. Andrew M. Cuomo declared the Department of Financial Services (DFS) is devoting industry guidance for life and health insurance companies in New York State awarding them of the responsibilities to provide insurance to nurses and first responders that take naloxone or Narcan to reduce overdose deaths. DFS Superintendent Linda A. Lacewell said,”Denying life insurance for healthcare professionals entirely predicated on taking a prescription to an opioid-reversal medication such as naloxone is a breach of New York insurance coverage. To deny benefits to our first responders is counterproductive to what we do. This advice not only protects our nurses, firefighters, police officers, emergency medical technicians, paramedics, and overdose victims, it also safeguards the family members and loved ones of pre-hospital health professionals and provides reassurance through entry to insurance” The guidance that is issued reminds insurers of the obligations under New York law not by denying coverage where there’s no appropriate actuarial or legal justification for doing this…. Read More
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Original source: https://www.dfs.ny.gov/reports_and_publications/press_releases/pr1909061
We browse the internet everyday to guide you to understand to the idea of having a Public Adjuster in your corner. Look at this story we just found.
New York State Department of Financial Services (09/06/19)
As part of a comprehensive effort to combat the opioid emergency, Gov. Andrew M. Cuomo declared the Department of Financial Services (DFS) is devoting industry guidance for life and health insurance companies in New York State awarding them of the responsibilities to provide insurance to nurses and first responders that take naloxone or Narcan to reduce overdose deaths. DFS Superintendent Linda A. Lacewell said,”Denying life insurance for healthcare professionals entirely predicated on taking a prescription to an opioid-reversal medication such as naloxone is a breach of New York insurance coverage. To deny benefits to our first responders is counterproductive to what we do. This advice not only protects our nurses, firefighters, police officers, emergency medical technicians, paramedics, and overdose victims, it also safeguards the family members and loved ones of pre-hospital health professionals and provides reassurance through entry to insurance” The guidance that is issued reminds insurers of the obligations under New York law not by denying coverage where there’s no appropriate actuarial or legal justification for doing this…. Read More
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Original source: https://www.insurancejournal.com/news/southcentral/2019/09/06/539146.htm
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Insurance Journal (09/06/19)
The Texas Department of Insurance (TDI) announced earlier this year it could begin collecting input from analysts on specific agency rules which might need to be upgraded or changed. The agency said the procedure is part of its plan to update and improve all elements of the section. In April, Texas Insurance Commissioner Kent Sullivan said,”We want people to obey the law. To facilitate that, you have to make sure procedures and your rules are user-friendly. We are going to be requesting interested stakeholders to identify any rules which make compliance difficult or that they find to be ambiguous, out of date, or inconsistent with statute.” The department notes that this request for rule change ideas is part of this TDI’s formal rule review process. Submissions are due Oct. 1. TDI is asking that parties submitting ideas for rule modifications send a succinct and clear statement of approximately one page per rule. All entries will be reviewed by the TDI and will declare the selection of a number of rule suggestions for inspection and comment…. Read More
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Original source: https://www.insurancejournal.com/news/southcentral/2019/09/06/539146.htm
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Insurance Journal (09/06/19)
The Texas Department of Insurance (TDI) announced earlier this year it could begin collecting input from analysts on specific agency rules which might need to be upgraded or changed. The agency said the procedure is part of its plan to update and improve all elements of the section. In April, Texas Insurance Commissioner Kent Sullivan said,”We want people to obey the law. To facilitate that, you have to make sure procedures and your rules are user-friendly. We are going to be requesting interested stakeholders to identify any rules which make compliance difficult or that they find to be ambiguous, out of date, or inconsistent with statute.” The department notes that this request for rule change ideas is part of this TDI’s formal rule review process. Submissions are due Oct. 1. TDI is asking that parties submitting ideas for rule modifications send a succinct and clear statement of approximately one page per rule. All entries will be reviewed by the TDI and will declare the selection of a number of rule suggestions for inspection and comment…. Read More
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Original source: https://www.normantranscript.com/state-to-gain-third-marketplace-insurer/article_5c200426-d246-11e9-8f03-57f6d88584e4.html
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Open enrollment begins in the state on Nov. 1. The Centers for Medicare & Medicaid Services reports that 150,759 Oklahomans bought plans on the ACA market this year, an increase of 7.5percent from the 140,184 enrollees in 2018. Oklahoma Insurance Commissioner Glen Mulready commended the entry of companies into the market. He says,”I’m all for more choices for Oklahomans,” including that competition is great for clients by keeping rates from sharp gains. When Blue Cross Blue Shield of Oklahoma was the only marketplace insurance company, rates climbed by more than 50% in 2017, Mulready claims. Insurers have submitted rates for the 2020 market but they have not yet been made public. Mulready says there are issues with the Affordable Care Act, pointing to the high rate of uninsured individuals of the state…. Read More
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Original source: https://www.normantranscript.com/state-to-gain-third-marketplace-insurer/article_5c200426-d246-11e9-8f03-57f6d88584e4.html
Our intent is to run around the internet each day to make you to relate to the importance of keeping a Public Adjuster in your corner. Look at this website post we found.
Open enrollment begins in the state on Nov. 1. The Centers for Medicare & Medicaid Services reports that 150,759 Oklahomans bought plans on the ACA market this year, an increase of 7.5percent from the 140,184 enrollees in 2018. Oklahoma Insurance Commissioner Glen Mulready commended the entry of companies into the market. He says,”I’m all for more choices for Oklahomans,” including that competition is great for clients by keeping rates from sharp gains. When Blue Cross Blue Shield of Oklahoma was the only marketplace insurance company, rates climbed by more than 50% in 2017, Mulready claims. Insurers have submitted rates for the 2020 market but they have not yet been made public. Mulready says there are issues with the Affordable Care Act, pointing to the high rate of uninsured individuals of the state…. Read More
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Original source: https://www.njspotlight.com/stories/19/09/08/insurance-giant-and-healthcare-providers-take-battle-to-federal-court/
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NJ Spotlight (09/09/19) Stainton, Lilo H.
Horizon Blue Cross Blue Shield and American Specialty Health Group (ASH) allege that various other healthcare providers have spread untrue and defamatory information against them. Both Horizon and ASH registered civil lawsuits at U.S. District Court in Newark in late August cautioned that select suppliers are disseminating false information that could damage their reputations and revenue streams. Horizon’s potential partnership with ASH remains under scrutiny from the New Jersey Department of Banking and Insurance (DOBI), which has two weeks to evaluate the arrangement. As stated by the New Jersey Doctor-Patient Alliance, the bureau has obtained thousands and thousands of people emails from several lawmakers and a police marriage increasing questions about ASH role in claims inspection. A DOBI inspection of the work with Cigna between 2010 and 2012 of ASH found mistakes in nearly a quarter of the claims and more than $10,000 in denied benefits…. Read More
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Original source: https://www.njspotlight.com/stories/19/09/08/insurance-giant-and-healthcare-providers-take-battle-to-federal-court/
All of the time we access the world wide web everyday to make you to relate to the betterment of getting a Property Damage Adjustment Consultant on your team. Read this article we found.
NJ Spotlight (09/09/19) Stainton, Lilo H.
Horizon Blue Cross Blue Shield and American Specialty Health Group (ASH) allege that various other healthcare providers have spread untrue and defamatory information against them. Both Horizon and ASH registered civil lawsuits at U.S. District Court in Newark in late August cautioned that select suppliers are disseminating false information that could damage their reputations and revenue streams. Horizon’s potential partnership with ASH remains under scrutiny from the New Jersey Department of Banking and Insurance (DOBI), which has two weeks to evaluate the arrangement. As stated by the New Jersey Doctor-Patient Alliance, the bureau has obtained thousands and thousands of people emails from several lawmakers and a police marriage increasing questions about ASH role in claims inspection. A DOBI inspection of the work with Cigna between 2010 and 2012 of ASH found mistakes in nearly a quarter of the claims and more than $10,000 in denied benefits…. Read More
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Original source: http://feeds.lexblog.com/~r/propertyinsurancecoveragelaw/YZft/~3/ZPABaAimVeA/
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Steve Patrick is a master for all those. He also made a proposal on Level The Playing Field, to get a construction publication, Markup & Profit. Because Merlin Law Group retains this work within our reference library his suggestion caught my eye. This book Is a Great reference which builders, home loss…… Continue Reading
… Read More
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Original source: http://feeds.lexblog.com/~r/propertyinsurancecoveragelaw/YZft/~3/ZPABaAimVeA/
We search the web nonstop to reach out to you to realize to the importance of keeping a Public Adjuster on your team. Take a look at this article we located.
.
Steve Patrick is a master for all those. He also made a proposal on Level The Playing Field, to get a construction publication, Markup & Profit. Because Merlin Law Group retains this work within our reference library his suggestion caught my eye. This book Is a Great reference which builders, home loss…… Continue Reading
… Read More
Thanks for reading! And please call us if you need friendly help when dealing with your insurance company. NO claim, NO fee!