rebates News

Rebates, Referrals and Rewards in Texas – What’s OK and What’s Not?

What are the rules governing insurance agents in Texas on rebates, referrals and rewards, and why do they matter? For starters, at a minimum, an agent could lose their license for violating rules regarding such activities. And, they could potentially …

Louisiana Property Policyholders Urged to File for Citizens Insurance Rebate

Louisiana Insurance Commissioner Jim Donelon is once again reminding property insurance policyholders that tax season is one of the easiest times to claim the Louisiana Citizens Property Insurance Assessment rebate. At a joint press conference, Donelon and Louisiana Department of …

Ohio BWC Distributing Final $81.7 Million in ‘Billion Back’ Rebates

The Ohio Bureau of Workers’ Compensation (BWC) announced that $81.7 million is headed to more than 2,000 Ohio employers, completing the distribution of $1 billion BWC began delivering to employers over the summer as part of its Billion Back plan. …

Louisiana Property Owners Urged to Claim Citizens Assessment Rebate

Nearly two-thirds of Louisiana Citizens Property Insurance Corp. (Citizens) rebates that are available to policyholders are unclaimed, according to state Insurance Commissioner Jim Donelon. Donelon and Department of Revenue (LDR) Director of Customer Service Kent LaPlace are urging property owners …

Health Insurance Rebates in Ohio to Total $11.3 Million

More than 81,000 Ohio families will be getting health insurance rebates this summer that will total $11.3 million across the state, a newspaper reported. The average refund will be $139, but some of the 81,500 families will receive hundreds of …

Michigan Residents Due $13.9M in Health Care Rebates

The federal government says 114,000 Michigan residents will get rebates from insurance companies under the Obama administration’s Affordable Care Act. Health and Human Services Secretary Kathleen Sebelius said the $13.9 million in rebates means about 65,000 families will get an …

FEMA to Agents: Stop Using Commission Rebates to Solicit Business

Federal emergency officials are calling on insurance agents to stop offering clients a cut of the agent’s commission if the client agrees to purchase a flood policy. The Federal Emergency Management Agency is taking aim at so-called “commission rebating.” It …

Debit Cards Used for Refunds, Including Louisiana Citizens Rebates

After trying to help her homebound mother use her state refund, Barbara Ewell is convinced Louisiana’s new prepaid debit card program was set up with banks rather than people in mind. “I’ve found it incredibly complicated,” said Ewell, an English …

Officials Look to Curb ‘Rebating’ in Sales of Federal Crop Insurance

Farmers and insurance agents who sell them federal crop insurance policies may soon be required to certify that they are not participating any rebating or incentive schemes related to the purchase of those policies. The 2008 federal farm bill prohibits …