The Colorado Division of Insurance is fining Aetna U.S. Healthcare Inc., Cigna Healthcare of Colorado Inc. and three other insurance companies for violating state insurance laws by failing to process claims accurately or on time.
Aetna has been fined $40,000 and Cigna $5,500, based on market conduct examination reports. Corporate Health Insurance Co., an affiliate of Aetna, is being fined $12,000, Mid-West National Life Insurance Company of Tennessee $40,500 and Principal Life Insurance Company $18,750.
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
