Pennsylvania Insurance Department to Liquidate First Sealord Surety Sacramento Bee By Pennsylvania Insurance Department HARRISBURG, Pa., Feb. 8, 2012 -- /PRNewswire-USNewswire/ -- Commonwealth Court has approved the Pennsylvania Insurance Department's petition to liquidate First Sealord Surety Insurance, state Insurance Commissioner ... and more& »

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Pennsylvania Insurance Department to Liquidate First Sealord Surety - Sacramento Bee

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• PENNSYLVANIA ANTIQUE AUTO INSURANCE QUOTES

Auto insurance quotes in Pennsylvania are not as complicated as you may think. One big problem seems to be the online insurance companies and agents who quote "everyone" the minimum limits that Pennsylvania requires.

Of course the main objective is to get a better rate, what will be the cost if you are drastically under insured? After 23 years in the business I can tell you the costs that I have seen to those who chose to under insure. Many cases the stress alone was more difficult than most of us could handle. The thought of someone else walking away with everything we have worked our lives to accumulate...not worth the few bucks in savings. Lesson number one...be sure you're getting similar coverage at the least. My advise would be to ask for an evaluation of your exposure and get recommendations from agents who are quoting the policies for you. If you are online dealing with a vendor who this job is being outsourced to...run as fast as you can.

Lesson number two...get a reputable company for the coverage. The days of the "fly by night" insurance are almost rare. The company who has deliberately "underpriced" their product just to gain market share are still in their glory. Tough economic times lead to some drastic tactics and we're seeing it in full force. Don't fall victim to a company who is undercutting just for revenue. A quick search of AM Best ratings or a trip to the Pennsylvania insurance department website will give you the information you should need. Auto insurance in Pennsylvania is primarily written by the top 25 or so successful companies. If the rate you just got was from a virtual unknown...I would suggest you do some snooping on their history. Nobody wants to get insurance and have the rates jump sky high the next year.

Lesson number three...get a company who answers the phone. One of the biggest complaints we get from new clients as their reason for choosing us was that they spoke with a human when they called. Phone service outsourced to foreigners is another complain we hear constantly..."they didn't comprehend the English language" is something we hear frequently. Unless you are bilingual or don't mind the inconvenience, you'd better be sure your agent speaks the same language as you.

Best of luck with your shopping for auto insurance in Pennsylvania, I hope you will try us out and see if we can exceed your expectations.

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Los Angeles Times

Prudential, states settle Wilkes Barre Times-Leader The Pennsylvania Insurance Department and regulators in six other states announced Thursday a settlement with Prudential Insurance Company of America and some of its affiliates in which the company agreed to change its policies to better locate ... Pennsylvania Protects Life Insurance Beneficiaries in Prudential SettlementMarketWatch (press release) Insurance: Prudential settles over death benefits; Florida Senate panel passes ...Sun-Sentinel California, other states settle death claim case with PrudentialLos Angeles Times Wall Street Journal& -Reuters& -LifeHealthPro all 19 news articles& »

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Prudential, states settle - Wilkes Barre Times-Leader

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News One

State plans to develop health insurance exchange Reading Eagle But it will mean the Pennsylvania Insurance Department will have tighter control over the types of coverage available to and costs for Pennsylvania residents, officials said. The exchanges must be in place by Jan. 1, 2014, according to the Patient ... States ready their health exchangesPittsburgh Post Gazette Progress report on state health insurance exchangesThe Gazette: Eastern Iowa Breaking News and Headlines (blog) White House Touts GOP Governors' Support of Health Insurance ExchangesWall Street Journal (blog) Examiner.com& -ThinkProgress all 64 news articles& »

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Healthcare Providers Insurance Exchange (HPIX) Returns $2 Million to Policyholders Sacramento Bee Healthcare Providers Insurance Exchange ("HPIX") has received approval from the Commissioner of the Pennsylvania Insurance Department to return nearly $2 million to its policyholders. By Healthcare Providers Insurance Exchange PHILADELPHIA, Nov. ... Healthcare Providers Insurance Exchange (HPIX) Returns $2 Million to PolicyholdersMarketWatch (press release) all 8 news articles& »

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Healthcare Providers Insurance Exchange (HPIX) Returns $2 Million to Policyholders - Sacramento Bee

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PennLive.com

Unlikely natural disasters in central Pa. make for wild summer for insurance ... PennLive.com Rates also have to be approved by the Pennsylvania Insurance Department, and insurance companies cannot increase rates midpolicy – only at renewal time. What works in our favor is Pennsylvania is generally one of the safest states to live in, ... and more& »

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Unlikely natural disasters in central Pa. make for wild summer for insurance ... - PennLive.com

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Carolyn Morris, the Director of the Bureau of Consumer Services of the Pennsylvania Insurance Department, discusses the characteristics of an insurance policy: what it is, what it isnt and why it should be seen as a contract.

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Every week I get a variation of this question: will they cancel my car insurance? Well, it's not that simple here in Pennsylvania when it comes to cancelling car insurance. The state of Pennsylvania Insurance department has instituted guidelines regarding the procedures that must be taken to cancel a car insurance policy.

The DUI or violation that results in a license suspension is an easy one. If your license is lost, suspended or revoked during your policy period the insurance company can cancel the policy. If they don't catch it in a three year period they cannot come back after that and cancel. Getting a suspension or revocation of driving rights in another state is not a legitimate reason for cancellation. There are currently no other states who are reciprocating with Pennsylvania regarding violations and suspensions at this time.

Pennsylvania law is clear on what they will allow when it comes to accidents as well. Any two at-fault accidents over the threshold of $1150 within a 36 month give an insurance company the green light to cancel or non-renew an insurance policy. Certainly, some companies will give some credence to the agents input before they decide to cancel. Many times the severity of the accidents will be taken into account. Accidents in combination with violations are sure to be taken much more seriously than say "sliding on snow covered roads"

Pennsylvania auto insurance regulations regarding violations is another option for insurance companies to use when deciding to cancel or non-renew a policy. A total of 12 points will result in an immediate suspension of priviledges and also cause for cancellation or non-renewal of your insurance. Other combination of accidents and violations can be used for cancellation according to Pennsylvania auto insurance laws.

If you've received a cancellation notice from your insurance company you may be entitled to appeal. The Pennsylvania insurance department requires that you notify them within 30 days of your notice and they will review your individual case.

Not paying your insurance bill on the due date is one more reason your Pennsylvania car insurance policy can be canceled. The state law allows insurance companies to hold you responsible for paying on time and has no grace period.

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Carolyn Morris, the Director of the Bureau of Consumer Services of the Pennsylvania Insurance Department, reviews the things you need to do after an auto accident to keep yourself and others safe, and to protect your interests from an insurance perspective.

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Climate change is in the news and the insurance industry and those who regulate it are very much in the middle of the debate, as evidenced by the activity at the recent meeting of the National Association of Insurance Commissioners in San Francisco. Insurance Journal asked Commissioners Joel Ario of Pennsylvania Insurance Department and Mike Kreidler of Washington State Office of the Insurance Commissioner why climate change is important to them and the industry.

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