State regulators vote to exclude fraud from loss ratio
Insurance regulators today approved controversial rules governing how much insurers must spend on patientsβ medical care β without adopting last-minute amendments...
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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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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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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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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 βexplanation of benefitβ forms to consumers,...
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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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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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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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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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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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