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24 September 2020

State regulators vote to exclude fraud from loss ratio

Insurance regulators today approved controversial rules governing how much insurers must spend on patients’ medical care – without adopting last-minute amendments...

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24 September 2020

Missouri regulators fine bogus health insurers $1 million

Missouri Insurance Director John Huff has fined companies and people selling bogus health insurance plans in the state more than $1...

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24 September 2020

N.Y. DOI fines insurer $1.9M for EOB, claims violations

Two Health Net companies paid a $1.9 million fine to settle allegations including not providing consumers with the required information on...

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24 September 2020

Limited benefit health plan fined $500K by N.Y. DOI

Cinergy Health Inc., a Florida-based insurance agent that advertised low cost health insurance plans on late night television, the Internet and...

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24 September 2020

N.Y. fines AEtna $850K for EOB, payment violations

Health insurer Aetna paid a fine of $850,000 to settle charges including incomplete disclosures on β€œexplanation of benefit” forms to consumers,...

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24 September 2020

Two insurers in Calif. fined $505K for claims violations

Insurance Commissioner Steve Poizner announced today that a settlement has been reached in an enforcement action against Civil Service Employees Insurance...

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24 September 2020

20 N.Y. health insurers fined for late claims payments

The New York State Insurance Department today announced that 20 health insurers and health maintenance organizations (HMOs) have been fined $716,800...

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24 September 2020

Abrupt end of employee policies leads to arrest in N.C.

An Alamance County business owner has been charged after an investigation by the N.C. Department of Insurance. Virgil Lawrence Manuel, 60,...

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24 September 2020

Insurers sue California DOI over rescission regulations

Insurance Commissioner Steve Poizner today responded to an insurance industry lawsuit to block regulations that prevent the practice of unfair rescissions...

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24 September 2020

Lack of oversight on death claim payouts criticized

Millions of Americans are being duped by life insurance companies that have figured out a way to hold onto death benefits...

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