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Results for content tagged as Pennsylvania

1.

Aug 25, 2015 - ... Pennsylvania are the latest states to issue directives prohibiting the use of price optimization to rate property/casualty insurance policies. Price optimization refers to the practice of considering demand-related factors, such...

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Apr 19, 2015 - ... Pennsylvania Insurance Department prohibits insurers from excluding coverage for earthquakes caused by human activity in homeowners endorsements providing earthquake coverage. In the notice, Acting Director Teresa Miller states that some...

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Oct 2, 2014 - ... Pennsylvania Department of Insurance announces that additional commercial policy forms for the lines of insurance listed below are now exempt from filing requirements, regardless of the size of the...

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Nov 1, 2013 - ... law in Pennsylvania allows insurers to transmit transaction documents  electronically, with permission of the insured and subject to font and other format requirements applicable to paper documents.  Additionally, insurers will be allowed to...

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Mar 1, 2013 - ... State were probably chagrined but not surprised in November 2012 when Gov. Andrew Cuomo pronounced that separate hurricane deductibles could not be applied to claims arising from Superstorm Sandy. Insurers in Pennsylvania may have been more disappointed when Gov. Tom Corbett made essentially the same pronouncement. In the opinion of insurance trade groups, neither executive had the authority to pronounce on...

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Mar 1, 2013 - ... gun owner would be required to maintain a policy providing at least $1 million in coverage for damages arising from negligent or willful acts involving an insured firearm. (Under the Pennsylvania proposal, the requirement would apply only to concealed weapons carried in public.) The proposals essentially echo a bill submitted in Illinois in 2009 prohibiting the issuance or maintenance of...

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Oct 31, 2012 - [ACTION_PRINT_ARTICLE] (UPDATE) Through early November, at least  six states and the District of Columbia had issued official bulletins or orders indicating that separate hurricane deductibles could not be applied to claims arising from "Superstorm" Sandy because it did meet statutory or regulatory criteria for a hurricane. The jurisdictions (with links to bulletins, orders, or releases) are: Connecticut; Delaware; the District of Columbia; Maryland; New Jer...

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Sep 14, 2011 - [ACTION_PRINT_ARTICLE] IN THIS ADVISORY Updates to previous Advisory regarding Tropical Storm Irene New Fine Arts Floater forms released in Inland Marine Guide Missouri laws address storm recovery issues Hawaii requires re-filing of homeowners rates by Oct. 6 Updates to Previous Advisory Regarding Tropical Storm Irene The previous AAIS Advisory regarding state responses to Tropical Storm Irene has been updated periodically over the past two weeks. The storm developed a...

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Aug 15, 2011 - ... essentially self-sufficient in natural gas. Among the areas most affected by the dramatic growth in shale gas production is the Marcellus Shale region, which stretches from West Virginia through Ohio and Pennsylvania into New York. The number of drilling permits in that region has grown from a negligible amount to nearly 3,500 today, but not without controversy. Hazards In December 2010, an energy...

10.

Oct 15, 2010 - What would you think if someone called your company asking to review a homeowners form before purchasing it? Would you think it was a diligent consumer making a careful decision, or a competitor seeking to copy your product? That situation could come up more often if a working group of the National Association of Insurance Commissioners (NAIC) proposes new guidelines regarding what the NAIC calls "policy transparency." In the wake of a report by one of the NAIC's funded c...