premium overcharges News

Crop Insurer to Reimburse Some North Dakota Policyholders

A crop insurer has reached an agreement with North Dakota insurance regulators under which it will return a portion of premiums to some crop/hail insurance policyholders. North Dakota Insurance Commissioner Adam Hamm announced an agreement with Austin Mutual Insurance Co. to …

Judge OKs Ohio Workers’ Comp Settlement

The Ohio Bureau of Workers Compensation will pay out $420 million to state employers that were overcharged for insurance premiums under a settlement approved by a judge. Cuyahoga County Judge Richard McMonagle said the settlement he approved “is good for …

Ohio Employers Want $860M from Work Comp Bureau After Ruling

Attorneys for employers who won a ruling against the Ohio Bureau of Workers’ Compensation are asking the state to pay $860 million. The lawyers say there are 270,000 Ohio employers who are due restitution after a judge said in December …

Indiana Finds Assurant Subsidiaries Overcharged Small Businesses

Three subsidiaries of Assurant Health will provide refunds to small group health insurance policyholders that Indiana insurance regulators say the companies overcharged. Indiana Insurance Commissioner Stephen W. Robertson announced in mid-May that the subsidiaries — Time Insurance Co., Union Security …

Insurers to Send Refunds to 14,149 Massachusetts Motorcycle Owners

Travelers, Fireman’s Fund and Electric Insurance are the latest insurers to reach a settlement with Massachusetts attorney general’s office over motorcycle insurance premiums. The three companies are accused of overcharging the state’s motorcycle owners and later this month, these insurers …