policyholder refunds News

Missouri Settles with Nationwide Insurance over Workers’ Comp Inconsistencies

Missouri insurance regulators announced a settlement agreement with Nationwide Agribusiness Insurance Co. and Farmland Mutual Insurance Co. following a market conduct examination into the companies’ handling of workers’ compensation insurance. Department of Insurance Director John M. Huff reported that as …

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 …

2 Insurers Refund $1 Million in North Carolina

North Carolina residents insured by two companies are going to receive refunds totaling more than $1 million after state regulators found they overcharged their personal lines policyholders. SAFECO Insurance Co. of America and American States Preferred Insurance Co. have issued …