record year News

Pennsylvania Insurance Department Reports Record Year for Fines and Restitution

The Pennsylvania Insurance Department collected a record of nearly $18 million in fines and $13.4 million in restitution in 2012. The collections were from enforcement and market conduct actions, as well as 10 multi-state examinations where Pennsylvania was a lead …

Texas Surplus Lines Premium Exceeded $4 Billion in 2012

Premium on policies reported to the Surplus Lines Stamping Office of Texas in 2012 totaled more than $4 billion, a record volume SLSOT reported. This represented an increase of $767 million over 2011, a rise of nearly 24 percent. Premium …