Tag: Pennsylvania Insurance Department

Pennsylvania Insurance Department aids in recovery after unusual hailstorm

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hail pennsylvania insurance

Powerful hailstorm causes significant damage to homes and vehicles in Pennsylvania A massive hailstorm has struck Pennsylvania and neighboring states. The storm is being called a particularly “devastating” event and lead to significant damage to property and vehicles. The Pennsylvania Insurance Department has begun working with those affected by the power storm, hoping to assist in the recovery process and help consumers better understand their insurance policies and what coverage they have. The damage caused by the hailstorm is still being assessed. State agency brings in out-of-state appraisers to expedite…

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Safety tips for Halloween night

Halloween Insurance News - Safety

Industry officials have made recommendations this year so that planning will help prevent problems. The Pennsylvania Insurance Department has released an insurance news statement that reminds homeowners about the importance of using common sense and a few safety tips to ensure that Halloween night will be a safe one. With parties, trick or treating children, and many other unpredictable elements a little care can go a long way. With all of these different factors at plan, there are many chances for a mishap on that evening. The insurance news release…

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Pennsylvania Insurance Department provides some tips on surviving Halloween

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Halloween Liability Claims

Pennsylvania Insurance Department aims for a safe holiday Halloween is coming and that means there are some scary hazard lurking around the corner. The Pennsylvania Insurance Department has seen several problems arise throughout the state when Halloween kicks into full swing. There are several unpredictable elements that go into the holiday that are near impossible to account for. As such, the agency has taken this opportunity to remind homeowners to prepare for whatever may happen by ensuring their insurance policies are up to snuff. Agency provide tips on how to…

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Pennsylvania insurance regulators see their rate review authority expanded with new law

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The Pennsylvania Insurance Department has had its authority over insurance rates for small employer health care policies expanded this week. On Thursday, Governor Tom Corbett signed Senate Bill 1336 into law, giving regulators the power to adjust the insurance rates in the small group market. For the first time, state insurance regulators will be able to review and disapprove new rate proposals coming from insurers. They will also be able to require insurers to justify their need for a rate increase and demand changes if necessary. Insurance Commissioner Mike Consedine…

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Senator Casey appeals to PA Insurance Commissioner Consedine for better sinkhole damage coverage for homeowners

United States Senator Bob Casey (D-PA), has addressed Insurance Commissioner Michael Consedine, of Pennsylvania, and has asked for assistance for homeowners in covering themselves against the devastation that can be caused by sinkholes. What Senator Casey has called for is the help of the insurance industry to make homeowners more aware of what overage they have to protect them against the cost of sinkhole damages in the event that one should occur. In order to make this request, Senator Casey sent a letter to Commissioner Consedine, which said that all…

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