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NEW ADDRESS


Arizona Department of Insurance
100 North 15th Avenue, Suite 261

Phoenix, AZ  85007-2630

Starting July 1, 2020, we will be the
Department of Insurance and Financial Institutions (DIFI).

Feb 9, 2006
The 2007 version of the popular Medicare Supplement Insurance Premium Comparison, is now available in print and on-line from the Arizona Department of Insurance. Medicare Supplement insurance helps fill the gaps in healthcare costs that traditional Medicare does not cover.
Dec 2, 2005
Voluntary enrollment for the new federal Medicare Part D Prescription Drug benefit began November 15, 2005 and will remain open for enrollment without penalty until May 15, 2006. Thereafter, Medicare allows for an open enrollment period annually from November 15th through December 31st. After the May 15, 2006 initial enrollment deadline, beneficiaries that have not enrolled in a plan, or beneficiaries that do not have “creditable coverage” (explained further below) will incur a 1% premium increase penalty for every month that they go without this coverage. “So, Medicare beneficiaries should carefully evaluate their options and try to make their enrollment decisions before the May 15, 2006 deadline,” said Christina Urias, Director of the Arizona Department of Insurance. If you enroll by December 31, 2005, the new Medicare Prescription Drug coverage will begin on January 1, 2006; enrollment after December 31, 2005 will delay the commencement of coverage into 2006.
Nov 10, 2005
Insurance Director Christina Urias announces the release of the 2005 Report on Arizona Health Insurers, a new consumer publication to assist Arizonans in comparing complaints, health care appeals, market share and enforcement actions involving the largest health insurers doing business in Arizona.
Oct 20, 2005
The Arizona Department of Insurance (ADOI) entered into a multi-state settlement with Waddell & Reed, Inc. and W&R Insurance Agency, Inc. (collectively, “Waddell & Reed”), to resolve allegations of inappropriate variable annuity sales transactions. Waddell & Reed agreed to pay $31,773 in penalties and return approximately $97,000 to Arizona investors financially harmed as a result of 81 variable annuity exchanges
Sep 8, 2005

The Arizona Department of Insurance (ADOI) reached a Regulatory Settlement Agreement with LandAmerica Financial Group, Inc. (LandAmerica) to resolve ADOI’s investigation into LandAmerica’s three title companies in Arizona, Commonwealth Land Title Insurance Company, Lawyers Title Insurance Company and Transnation Title Insurance Company, regarding their use of Captive Reinsurance Arrangements from 1997 to February, 2005, when the LandAmerica companies voluntarily terminated these Captive Reinsurance Arrangements nationwide.

Sep 7, 2005

As a result of a multi-state settlement with the Fidelity National Title Insurance Group, 3,946 title insurance policyholders in Arizona will receive refunds totaling $644,152 from Fidelity title insurers active in Arizona: Fidelity National Title Insurance Company, Chicago Title Insurance Company, Ticor Title Insurance Company, and Security Union Title Insurance Company.

Sep 1, 2005
Part of being prepared for a disaster is planning for disaster recovery. That’s where insurance comes in. Is your insurance ready? Arizonans face potential loss or damage to homes and businesses from a variety of natural disasters, including wildfires, severe thunderstorms and flood. Wildfires alone have resulted in over $200 million in claim payments to Arizona fire victims and over $2 billion in California.(1) A serious thunderstorm over an urban city in Arizona can quickly amount to millions of dollars in claims. Make sure your insurance is ready!
Apr 26, 2005
An Arizona Department of Insurance Fraud Unit investigation lead to the conviction of 45 year old Lora McKeever-Martin, an insurance company support supervisor employed by the GE Global insurance group (subsequently purchased by American International Group) for sixteen years.
Feb 23, 2005

Media Contact: Erin Klug Public Information Officer (602) 912-8456
For Immediate Release February 23, 2005

Jan 20, 2005
Arizona Department of Insurance Fraud Unit agents arrested Terry Kirk on January 18, 2005, for Insurance Fraud, Theft, and Fraud Schemes, arising from a suspicious auto theft claim Kirk filed on his 1999 Chevy S-10 Blazer.

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