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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).

Jan 3, 2005
As a result of a recent multi-state market conduct examination settlement, nearly 5,000 UnumProvident policyholders in Arizona are eligible to have their disability claims re-evaluated for payment, and Arizona’s General Fund is expected to receive a $179,000 pro-rata share of the national $15 million settlement. The Settlement Agreement involved the three principal insurers of the UnumProvident Insurance Group: UnumLife Insurance Company of America, Provident Life and Accident Insurance Company, and The Paul Revere Life Insurance Company and was the result of a multi- state examination (1) of the insurers’ claims handling practices for both long-term individual disability income and group disability insurance policies. The regulators initiated the examination to determine whether UnumProvident used unfair claim settlement practices in handling its disability income claims
Nov 19, 2004
PHOENIX, AZ – The Arizona Department of Insurance recently ordered Connecticut General Life Insurance Company (CGLIC) to cease and desist from violating group health insurance and health care appeals laws, to implement a corrective action plan to remedy the identified violations, and to pay a civil penalty of $105,000.
Oct 25, 2004
PHOENIX, AZ - The Director of the Arizona Department of Insurance, Christina Urias, is joining insurance regulators in other states to review allegations of bid-rigging and price-fixing between insurance brokers and insurance companies. Allegations were initially raised by New York Attorney General, Eliot Spitzer, who recently filed a lawsuit against Marsh & McLennan Companies, Inc., and its subsidiary, Marsh, Inc., one of the largest insurance brokers in the world, alleging fraudulent business practices and anti-trust violations arising from improper use of “contingent commissions” on commercial insurance sales.
Jul 22, 2004

PHOENIX, AZ - Rod Morris is the new Captive Administrator at the Arizona Department of Insurance. Morris has over 35 years of successful insurance industry experience, including more than 20 years in senior management of field operations, underwriting, sales and marketing, risk mitigation, and product development. More recently, Morris was Vice President for Insurance at the Overseas Private Investment Corporation (OPIC), the federal agency that provides highly specialized political risk and financing support to U.S. investors in over 150 foreign countries. At OPIC, Morris improved profits, created new risk management approaches and developed unique risk protection products including one for stabilizing currency depreciation.

Jul 16, 2004
Phoenix – An Arizona Department of Insurance (ADOI) Fraud Unit investigation lead to the conviction of 33 year old Sherry Berry, an insurance company computer technician from May 2001 to February 2003.
Apr 28, 2004
The yearly threat of wildfires can serve as a timely reminder to review your homeowners and business insurance policies to ensure sufficient coverage for your property and belongings in the event of a loss. Arizona residents annually face potential loss of homes and businesses from a variety of natural disasters, including thunderstorms, monsoons, hail, microbursts and wildfires. Last year alone, insurers paid $80 million to victims of the Aspen fire on Mt. Lemmon and in 2002, insurers paid $120 million in losses to the victims of the Rodeo/Chediski fires.
Mar 2, 2004
Phoenix, Arizona – Director of Insurance, Christina Urias, assumed control of Old West Annuity and Life Insurance Company (“Old West”) today, in a move intended to protect policyholders and assist the insurer in dealing with financial problems stemming from its parent holding company, Summit Securities, Inc. (“Summit”).
Feb 3, 2004
The Arizona Department of Insurance has published an updated 2004 version of its popular consumer publication, the Medicare Supplement Insurance Premium Comparison. The publication is now available in print and on-line at the Department's web site, www.id.state.az.us.
Jan 16, 2004
Although most Americans feel they have about the right amount of insurance coverage (72%, up from 67% last year), only 33% say they understand the details of their coverage “very well,” according to a recent survey by the National Association of Insurance Commissioners (“NAIC”).
Jan 5, 2004

Insurance consumers shopping for life insurance or annuities may find the experience a bit easier now that provisions of a new law went into effect1. The law establishes new requirements for insurers and producers who sell new or replace existing life insurance policies and annuity contracts.

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