More News Items
Dec 31, 2001
The Arizona Department of Insurance has released its newest consumer publication: the Medicare Supplement Insurance Premium Comparison is now available in print and on-line at the Department's web site, www.state.az.us/id.
Nov 30, 2001
￼Although most Americans feel they have about the right amount of insurance coverage (67 percent), only 28 percent say they understand the details of the coverage “very well,” according to a recent survey by the National Association of Insurance Commissioners (NAIC).
Oct 29, 2001
The Autumn 2001 edition of the Arizona Department of Insurance “Automobile Premium Comparison Survey” is available for consumers, Insurance Director Charles R. Cohen announced.
Sep 21, 2001
Arizona Insurance Director Charles R. Cohen advised Medicare beneficiaries that although some of them will be receiving notice that they will be losing their Medicare HMO coverage after Dec. 31, 2001, they can keep their HMO coverage until the end of the year and do not need to take any urgent action. Prior to making changes in their Medicare coverage, Director Cohen advises Medicare beneficiaries enrolled in the Medicare HMO plans to understand their options.
Sep 13, 2001
On September 13, 2001, Arizona Insurance Director Charles R. Cohen suspended the license of Penn Treaty Network America Insurance Company, prohibiting the company from issuing any new insurance policies in Arizona. The action is based on a finding that the insurer is in hazardous financial condition as a result of excessive losses through June 30, 2001, the most recent date for which it has filed financial results with the Department of Insurance.
Aug 13, 2001
The Arizona Department of Insurance has published its 2000 complaint ratios for managed health care organizations and personal lines insurance (auto and homeowners insurance). The Managed Care Complaint Ratio pamphlet contains complaint information for the 10 health maintenance organizations, eight pre-paid dental plans and four non-profit service corporations doing business in Arizona. The Personal Lines Complaint Ratio, which is also available in Spanish, provides complaint ratios for nearly 140 auto and homeowner insurance companies with more than 4,500 vehicles or homes insured in Arizona.
May 2, 2001
Consumers losing their group health insurance coverage may be eligible to purchase an individual health insurance plan commonly referred to as "portability" or "HIPAA" (Health Insurance Portability and Accountability Act) coverage. HIPPA is a federal law enacted in 1996.
Apr 9, 2001
The Arizona Department of Insurance and the Arizona Corporation Commission’s Securities Division are coordinating enforcement efforts to address a growing number of cases involving the sale of fraudulent securities by unscrupulous or misinformed insurance agents. These cases have been on the rise around the country as investment companies recruit insurance agents to market various types of unregistered securities.
Apr 4, 2001
The Spring 2001 edition of the Arizona Department of Insurance “Automobile Premium Comparison Survey” is available for consumers, Insurance Director Charles R. Cohen announced today. Premiums are quoted for 10 cities throughout the state.
Feb 22, 2001
As an aid to consumers, the Arizona Department of Insurance has published the 2001 edition of the Homeowners Premium Comparison Survey.