New Law Aimed at Helping Customers of Insurance Companies in Financial Distress

August 18, 2010
By Tatlow, Gump, Faiella & Wheelan LLC on August 18, 2010 4:20 PM |

Insurance companies doing business in Missouri will soon face tighter oversight thanks to a new law that takes effect on August 28, 2010. The Missouri Department of Insurance explains that the new law will give the state's insurance regulators the power to step in sooner when an insurance company is in enough financial trouble that it may not be able to pay it's customers' claims. To read more about this new law, visit the Missouri Department of Insurance website press release.