Continental Casualty Co. has agreed to pay nearly $135,000 in refunds to approximately 250 Mississippi residents as a result of a rate review analysis conducted by the Mississippi Insurance Department and Continental Casualty. The review revealed several instances in which Continental’s rate increases were implemented for some group association health policies, but never filed with the department of insurance. In other instances, rate increases exceeded those allowed by the department.
Was this article valuable?
Here are more articles you may enjoy.
AM Best Upgrades Credit Ratings of Missouri’s Columbia 
Zurich Sees Data Center Boom Spurring Insurance Securitization 
Teen Dies After Being Thrown From Horse-Drawn Carriage in NYC’s Central Park 
Older, Wealthier Renters Drive Changes in Insurance Needs From This Issue
