Insurance News

March 1, 2017

Penn Treaty & American Network Insurance Company News

Penn Treaty Network America Insurance Company and American Network Insurance Company are affiliated long-term care insurance companies that went into liquidation on March 1, 2017. Information about the companies’ liquidation can be found on Penn Treaty’s website, http://www.penntreaty.com/Liquidation.aspx […]
January 17, 2017

2016: A Great Year for Captives in Utah

The Utah Captive Insurance Division saw positive growth in 2016. During the past year, 68 new captive companies were formed, as well as a number of additional cells. This brings Utah’s captive industry totals to 462 active captive companies and 74 active cell companies […]
December 30, 2016

NAIC Life Insurance Policy Locator Service

The NAIC Life Insurance Policy Locator Service is a tool that can help consumers locate life insurance policies and annuity contracts of a deceased family member or close relationship.
October 1, 2016

FBI Background Check Fee Reduced

Effective October 1, 2016 the Federal Bureau of Investigation (FBI) will implement new fees for the fingerprint-based criminal history checks that occur […]
August 9, 2016

New Utah Captive Insurance Director Announced

Utah Insurance Commissioner Todd E. Kiser today announced that Travis Wegkamp has been appointed as the new director of the Captive Division, replacing David J. Snowball, who is retiring this month […]
April 20, 2016

Don’t Leave Earthquake Damage to Chance

Utah’s chances of suffering a devastating earthquake in the next half century come down to the flip of a coin, according to a new study released by the Utah Geological Survey’s Working Group on Earthquake Probabilities […]
March 1, 2016

Gobeille v. Liberty Mutual

In light of the US Supreme Court’s recent ruling in Gobeille v. Liberty Mutual, the Utah Insurance Department will not enforce, and no person will be required to provide information pursuant to Utah insurance statutes and rules requiring data submissions concerning a self-insured employee welfare benefit plan.
January 20, 2016

Utah Man Arrested, Charged for Intentional Auto Accidents

On Wednesday, January 20, 2016, charges resulting from a months long investigation conducted by the State of Utah Insurance Fraud Division were filed against Navid Monjazeb through the Utah Attorney General’s Office. Assisting with the investigation were agents with the National Insurance Crime Bureau […]
December 24, 2015

Utah Insurance Agent Convicted of Fraud

Insurance agent Jill Gorringe pled guilty and was sentenced on December 1, 2015 for Insurance Fraud (Misdemeanor A), Identity Fraud (Misdemeanor A), and Forgery (Misdemeanor B). She was ordered to pay restitution to AFLAC in the amount of $16,221 […]
December 2, 2015

UID Opens Online Application for Captive Insurers

The Utah Captive Insurance Division today cut the ribbon on its new online application, which will streamline and simplify the captive insurance company application process and will better protect applicant information […]

Outside Media Links

The links in this table go to selected news stories featuring the Insurance Department.

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