Florida has ordered the Association of Independent Managers to stop selling unauthorized health insurance.
The order Tuesday by the Office of Insurance Regulation came too late, though, for up to 1,800 consumers who already purchased the bogus health plans.
Chief Financial Officer Alex Sink said her department is working with regulators to hold agents who sold the policies accountable.
The state has received complaints from 96 consumers involving 49 agents.
Regulators said the company has marketed unauthorized policies under several names including AIM Health Plans, AIM Health Solutions, AIM Guaranteed Health Insurance, CEO Club Benefits, Chief Executive Officers Club and CEO Health Select.
Topics Florida
Was this article valuable?
Here are more articles you may enjoy.
A Little Behind Schedule, But Execs Say Sypher Insurance is on Track for May Debut 
Lawsuit Alleges Microbetting Product by DraftKings, FanDuel, NFL Leads to Addiction 
Chubb: Cyber Claim Severity Nearly Doubled for Large Businesses 
Depreciation on ACV Is OK, Court Says in Knocking Down Class Action vs. Cincinnati 
