The Nevada Health Co-Op, a consumer-owned and operated health plan created under the Affordable Care Act, is going out of business because of high costs.
Geico has agreed to pay $6 million and implement several changes to its business practices, as part of a settlement with the California Department of Insurance.
All Risks, Ltd., the large Hunt Valley, Md.-based independent wholesaler, has acquired Tower Program Insurance Services, Inc., a national program administrator, based in Austin, Texas.
Confie Seguros, a national provider of personal lines insurance primarily serving the Hispanic market, has acquired two New York insurance agencies, and a third in Texas.
Voya Financial has started to provide administration services for the retirement plan for DaVita HealthCare Partners, which operates outpatient dialysis centers across the U.S.
Insurance claims are expected to exceed $1 billion following the recent severe thunderstorms and flooding that killed 41 people mostly in Texas and Oklahoma.
Barker Phillips Jackson and Winter-Dent & Company are Keystone Insurers Group’s second and third franchise partners in Missouri.
California tax authorities have stripped Blue Shield of California, the state’s third largest insurer, of its state tax exemption and ordered the company to file returns dating to 2013, potentially costing the company tens of millions of dollars.
California regulators have issued a record $27.5-million fine against Mercury Insurance Group for charging customers fees that had not been approved by the state’s Department of Insurance.
The order closes a … Read →
Penn Mutual Life announced an expansion in California with the addition Stephen Levy as managing partner of its newly established Northern California Agency.