Four subsidiaries of property-casualty insurer GEICO, based in Maryland, were fined $177,500 by regulators in Connecticut for violations of state laws, ranging from improper rating to claims payment delays.
The owner of a California-based automobile glass replacement company with more than 60 stores nationwide was convicted on several counts, including overcharging insurers for moldings and other parts never used.
The owner of a Washington state auto glass installation business has admitted to overbilling Farmers Insurance Co. by at least $100,000 over the last several years.
Dean Zarras hit a home run with his recent article on how America’s treatment of health insurance as an endless source of payment for anything deemed, “health care,” could lead to national financial ruin.