Who regulates the insurance companys?

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If you have life insuance...........?

and you were struck by lightning or another 'act of god' was the cause of your death would your loved ones still be able to claim the insurance... i ask this as you can't on your ...

A question about insurance?

i am 19 and not married, have no kids and not in school. i work 35-38 hours a week but at my job u have to work 40 to get insurance & they will not let me work 40. i live in ohio and was ...

Grandmother won't give me life insurance money my father left me 15 years ago......?

My father passed away when I was 9. He supposedly left 60K life insurance to me, which I had to wait til I was 25 to receive. It was supposed to be handled by my grandmother until I was of age. When I...

Life cover vs Accidental death cover?

Hi,

I am a 30 year old guy, who is thinking of taking an insurance cover against any premature death. I am unable to make up my mind here, which one is better? the life cover or the ...

I have just come back from holiday tofind my two freezers off.My insurer wants reciepts,who keeps them.Advice?

I HAVE SENT A LIST WITH ALL THE PRICES.I HAVE NEVER HAD A CLAIM BEFORE....

Does anyone know of any programs that assitst college students w/o health insurance with medical bills?

I recently had to go to the emergency room and now my bill is over $7500.00. I'm looking for a 'chairity' like program that assists college students with no medical insurance....

Where can i get basic cheap travel insurance please?

im going on a 19 day cruise and i want insurance to cover personal injury and very little else. im not concerned about the value of the cruise as i didnt have to pay for it. im not concerned even, ...

Car accident?

My wife got hit yesterday going thru an intersection. A woman failed to yield and she was hit, spinning her into a 360. The car has been deemed inoperable by both our police department and the body ...

How come 60 million Americans Lack Health Insurance?

but car insurance is mandatory. Isn't that ironic?
Americans must have car insurance but not health insurance....

Which is the best insurer in the country?

...

Whats the difference between assurance and insurance?

...

Should I pay a missed appointment fee to a doctor?

In April I had a doctors appointment scheduled for a consultation. I drove 40 minutes from my home, one way in order to make the appointment. I also had to take time off from work in order to make ...

My friend is asking a difficult question?

My friend is asking a question, his father and mother are healthy now , they are aged about 60 and 55 respectively . currently they dont have any insurence cover , what if something happens suddenly ,...

What happens to life insurance plans that were started with previous employers after I leave that company?

...

Can I sue my Insurance Company for failing to notify me that my policy was going to elapse?

For many years, I would pay my policy timely after reception of the "Payment Due" notification from the Insurance Company. I just found out that last year they did not send the ...

Do you think I have a chance of employment at the age of 54?

Have been trying for 8 months now to get a job, but have had no success, could it be my age?
Additional Details
I have a wealth of experience in office procedures, shorthand and IT ...

What happens if the policy owner dies, before the insured person?

my husbands mother passed away, and while going through her belongings, we found a life insurance policy on my husband, that has been paid in full. She was the only beneficiary, on that policy, her ...

I got in a car acciednt 5 months ago and my ins company progressive wants an independent doc to look at me?

my primary ortho put me out total disability for 6 months and i dont think they wanted to hear that this totally blindsided me when they called i feel that they dont want to pay me my monthly benefit ...

How do i get a copy of my fathers will and death certificate?

...

Full Coverage Insurance for financed vehicles ?

If i get financed for a car, do i have to pay full insurance for that car ? I live in NY.

If yes, any idea how much full coverage would be for an 2004 acura tl ?...

MARK N

Who regulates the insurance companys?

Marco

Each State (or province in my case - Canada) has it's own regulating body. For instance, in Ontario Canada it's called the Financial Services Commission of Ontario (FSCO).
Consumers who have a complaint about servces received by the insurance company (or lack of services for that matter), or if they have other grivences with respect to the actions of their insurance company, they can file for proceedings such as face to face mediations and/or arbitration hearings (may be called something else in your state) in order to resolve any disputes.
The system is pretty much duplicated in each province (or State in the USA.)
Best thing to do is search the net under "insurance regulatory body" for your state and you're bound to find something.

mmenaquale

The Insurance industry is regulated on a state by state level. Each state has their own Insurance Commissioner, who participates on a national level with the NAIC, the National Association of Insurance Commissioners. Together they work to decide what legislation or control, if any, needs to be put in place. Because Insurance is regulated on a state basis complications arise in multi-state companies, or for those who write in multiple states. This often impedes the ability of some to access insurance, and insurance companies to access clients.

Hadley

Each insurance company that is licensed and domiciled in a state is subject to the regulation of the Department of Insurance in that state.

The National Association of Insurance Commissioners offers information and listings of all Departments of Insurance for the United States. You can review this information at their web site - http://www.naic.org/

I hope that helps! Take care and best of luck!