Tag: Market Conduct

GEICO's Regulatory Challenges in New Jersey: Understanding Compliance and Consumer Rights

Explore GEICO's regulatory challenges in New Jersey, focusing on compliance, consumer rights, and implications for insurance professionals. Stay informed!

GEICO Ordered to Reimburse $10.5 Million: New Jersey's Consumer Protection Action

New Jersey's DBI orders GEICO to repay $10.5M to policyholders for inappropriate billing, highlighting vital insurance compliance and consumer protection efforts.

Connecticut Insurance Department Achieves Over $6.4 Million in Consumer Recoveries

The Connecticut Insurance Department recovered over $6.4M for consumers in FY 2026, boosting operational revenue and enhancing consumer confidence.

California Department of Insurance Action Against State Farm

CDI investigates State Farm over wildfire claims. Allegations include delays and underpayments. Read on for key actions and industry implications.

Oklahoma Insurance Commissioner Investigates Roofing Claims and Regulatory Challenges

Explore ongoing investigations into roofing claims in Oklahoma led by Glen Mulready, emphasizing regulatory compliance and consumer protection in the insurance industry.

Oklahoma AG Sues State Farm Over Alleged Denial of Hail Damage Claims

Oklahoma Attorney General files lawsuit accusing State Farm of coordinated hail damage claim denials amid regulatory scrutiny and ongoing market investigations into insurance practices.

Florida Fines Property Insurers $2M+ for Claims Handling Violations

Florida insurance regulators fined eight property insurers over $2 million in 2025 for claims-handling violations including delayed payments and unlicensed adjusters amid ongoing hurricane season.

NC Department of Insurance Market Regulation Division Returns $24.7M to Consumers

North Carolina's Department of Insurance Market Regulation Division secured $24.7 million in consumer refunds and over $1.8 million in fines from 2020-2024, ensuring insurer compliance and protecting policyholders.