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.
Topics Carriers
Was this article valuable?
Here are more articles you may enjoy.
Trump to Issue Order Creating National AI Rule 
Viewpoint: Agentic AI Is Coming to Insurance Industry – Much Faster Than You Think 
WTW to Acquire Newfront in Deal Worth Up to $1.3B 
State Farm Sued Over Policies Backed by Distressed Insurer PHL 
