MO Insurance News

Cornerstone National Insurance Company Placed into Receivership

The Missouri Department of Commerce and Insurance announced that Cornerstone National Insurance Company has been placed into receivership by court order, effective December 23, 2025. The company will be rehabilitated until February 28, 2026, and then liquidated, with all policies terminating by March 31, 2026.

Missouri Insurance Guidance for Winter Weather Impacts

The Missouri Department of Commerce and Insurance has issued guidance to consumers impacted by winter weather. The guidance reminds citizens of their insurance coverage for damages such as frozen pipes, roof collapse, and food spoilage due to power outages, and provides contact information for consumer assistance.

Missouri Recovers Over $129 Million for Consumers in 2025

The Missouri Department of Commerce and Insurance announced over $129 million in recoveries for consumers in 2025. This total includes funds recovered through consumer assistance, market regulation, and the Life Insurance Policy Locator tool.

Missouri Encourages Earthquake Insurance Planning as Coverage Increases

The Missouri Department of Commerce and Insurance (DCI) is encouraging consumers to consider earthquake insurance as coverage availability increases statewide. A recent survey indicates more insurers are offering earthquake policies, particularly in high-risk areas near the New Madrid Seismic Zone.

Missouri Insurance Market Strain from Lawsuit Abuse

The Missouri Department of Commerce and Insurance issued a report warning that lawsuit abuse is driving up insurance costs and straining the state's market. The report highlights the impact of social inflation and suggests legal reforms to stabilize premiums and insurance availability for families and businesses.