insurance restitution News

Tennessee Announces $2.8M in Restitution Paid to Policyholders in 2015

The Tennessee Department of Commerce & Insurance’s (TDCI) Consumer Insurance Services Division announced that more than $2.8 million was repaid in 2015 as a result of the department’s restitution efforts on behalf of Tennessee consumers. “The Department is an advocate …

Pennsylvania Returns $66.8M in Restitution Payments to Consumers in Q1

Pennsylvania’s Acting Insurance Commissioner Teresa Miller announced Thursday that nearly 5,000 Pennsylvania consumers received $66.8 million in restitution payments or credits through the restoration of stolen funds, the payment of denied or underpaid claims, and the refunding of overcharged premiums …

Delaware Insurance Dept. Recovered $941K for Consumers During First Half of 2013

The Delaware insurance department announced that a total of $940,995 has been recovered for the state’s consumers during the first six months of 2013. The department announced on Aug. 16 that its consumer services division has recovered $446,697 for Delaware …

Connecticut Regulators Recovered $2.3M for Policyholders, Taxpayers in Q1

Connecticut Insurance Commissioner Thomas Leonardi recently announced that the state’s insurance department recovered nearly $2.3 million for policyholders and taxpayers in the first three months of 2013. “Consumers do not have to tackle their insurance problems alone,” Commissioner Leonardi said. …

Horace Mann Pays $8,993 in Restitution to Vermont Policyholders

Vermont’s Department of Financial Regulation announced on March 27 that Horace Mann Insurance Co. and Horace Mann Property and Casualty Insurance Co. has paid $8,993 in restitution to Vermont customers whose auto insurance claims were not evaluated properly. The department …

Maine Regulators Recovered More Than $3M for Consumers in 2012

Maine Insurance Superintendent Eric Cioppa said the state’s Bureau of Insurance recovered more than $3 million for Maine consumers in 2012. Nearly $2.2 million was recovered for consumers by the Bureau’s consumer health care division, and almost $950,000 was recovered …

Connecticut Regulators Recovered $8.7M for Policyholders, Taxpayers in 2012

Connecticut Insurance Commissioner Thomas Leonardi announced last week that the Connecticut Insurance Department recovered approximately $8.7 million for policyholders and state taxpayers in 2012. The department’s consumer affairs unit fielded more than 6,100 complaints and inquiries and helped policyholders recoup …

North Carolina Cites $26M in Consumer Recoveries in 2012

North Carolina’s Insurance Commissioner Wayne Goodwin announced that the state’s insurance department saved or recovered more than $26 million for North Carolinians in 2012. “The Department of Insurance is committed to fighting fraud, assisting North Carolinians with insurance questions or …

Penn. Regulators Say 2012 Was Record Year for Fines and Restitution

The Pennsylvania Insurance Department announced on Tuesday that the state’s regulators collected a record of nearly $18 million in fines and $13.4 million in restitution in 2012. The collections were from enforcement and market conduct actions, as well as 10 …