Reliable Insurance Managers, Inc. Blog: state
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Thursday, December 23, 2010 American International Group Inc. (AIG) has agreed to pay $146.5 million in fines and additional taxes to state insurance regulators for alleged under-reporting of premiums to states more than a decade ago. The company will pay $100 million in penalties to all 50 states and the District of Columbia and another $46. READ MORE >>
Friday, December 17, 2010 Allstate Insurance has notified the Texas Department of Insurance that it will increase homeowner rates -- some by almost 10 percent. About 450,000 homeowners covered by Allstate Texas Lloyds will see a rate increase of 5.4 percent, effective Jan. 20. READ MORE >>
Friday, December 17, 2010 Date Event 02-14-2003 PROVIDENT NATIONAL ASSURANCE COMPANY 02-14-2003 FORMERLY: PROVIDENT NATIONAL ASSURANCE COMPANY REDOMESTICATED FROM CHATTANOOGA, TENNESSEE TO NORTHBROOK, ILLINOIS BY WAY OF CHARTER AMENDMENT. READ MORE >>
Friday, December 17, 2010 Date Event 03-10-1992 PENALTY OF $45,000 PAID BY COMPANY, STATE FARM LLOYDS, STATE FARM FIRE AND CASUALTY COMPANY AND STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY FOR FAILURE TO TIMELY FILE QUARTERLY CLOSED CLAIM REPORTS IN TEXAS. READ MORE >>
Friday, December 3, 2010 Allstate Insurance Company of Northbrook, IL Order Number: 10-0884 Date of Order: 10/8/2010 Order Final In: October Action Taken: Ordered to pay $879,510 to State of Texas as part of multistate agreement Violation: Failed to maintain adequate management oversight of claims adjusting software. READ MORE >>
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