Delaware Insurance Commissioner Karen Weldin Stewart has fined insurance companies a total of $83,300 during the first quarter of 2016 for violating state insurance regulations. Fines generally result from a market conduct examination of a company’s practices performed by the …
Missouri motorists insured by Safe Auto may receive a refund or credit following a market conduct examination conducted by the Missouri Department of Insurance. The department contends that the auto insurer failed to provide anti-theft discounts on vehicles that qualified …
The Missouri Department of Insurance announced it reached a regulatory settlement with Healthy Alliance Life Insurance Co. and HMO Missouri Inc., subsidiaries of Anthem BlueCross BlueShield of Missouri, which are part of WellPoint Inc. As part of the settlement, these …
Failure to handle claims within specified time frames and using unapproved forms and rates are the top two criticisms of property/casualty insurers by market conduct regulators, according to a new report. Waltham, Mass.-based Wolters Kluwer Financial Services reported its annual …
Missouri insurance regulators announced a million-dollar settlement with a major health insurer over alleged violations that include denying childhood immunization and cancer screening claims. The Missouri Department of Insurance settled with Time Insurance Co., Union Security Insurance Co. and John …
Delaware’s insurance department announced it has fined State Farm Fire and Casualty Company a $150,000 penalty for failing to include in some of its non-renewal notices a written explanation of the specific reasons for non-renewal. The insurer has also been …
The Pennsylvania Insurance Department said its office of market regulation completed 334 enforcement actions and market conduct examinations in 2011. In all, the department issued 141 orders and adjudications, collected more than $900,000 in penalties and fines and recovered $3.2 …
