IFAwebnews » fines

New York fines 15 insurers $2.7 million for violating Timothy’s Law

Bob Graham — Tue, 08 May 2012 21:11:07 +0000

New York insurance regulators fined 15 insurers a total of $2.7 million for failing to notify small businesses of their eligibility to buy special coverage.

New York fines 15 insurers $2.7 million for violating Timothy’s Law via IFAwebnews.

N.Y. insurer, N.J. processing agent probed over Calif. fire claims

Bob Graham — Wed, 07 Mar 2012 13:54:33 +0000

California insurance regulators initiated administrative action against New Hampshire Insurance Co. and its claims processing agent over their handling of claims after a 2008 fire in Sylmar, Calif.

N.Y. insurer, N.J. processing agent probed over Calif. fire claims via IFAwebnews.

Former N.H. insurance agent accused of exploiting elderly client

IFAwebnews Staff — Mon, 31 Oct 2011 11:17:16 +0000

A former MetLife insurance agent in New Hampshire is facing administrative actions in the state after two state agencies say he exploited an elderly client.

Former N.H. insurance agent accused of exploiting elderly client via IFAwebnews.

Insurer banned from R.I. for three years, pays $2.3M restitution

Jaime L. Brockway — Fri, 28 Oct 2011 08:16:15 +0000

A health insurer was banned from operating in Rhode Island for three years and ordered to pay more than $2.3 million in restitution after allegedly engaging in illegal underwriting practices.

Insurer banned from R.I. for three years, pays $2.3M restitution via IFAwebnews.

Delaware fines Allstate, Encompass over handling of auto policies

IFAwebnews Staff — Thu, 29 Sep 2011 20:25:09 +0000

Delaware Insurance Commissioner Karen Weldin Stewart fined Allstate Insurance Co. and Encompass Insurance Co. a total of $50,000 for violating state insurance laws, which the insurers blamed on computer problems.

Delaware fines Allstate, Encompass over handling of auto policies via IFAwebnews.

Florida fines Humana $3.4 million for failing to disclose fraud

IFAwebnews Staff — Sun, 21 Aug 2011 23:11:51 +0000

Florida regulators have fined Humana $3.4 million for violating the state law requiring the national health insurer to promptly report Medicaid fraud or abuse.

Florida fines Humana $3.4 million for failing to disclose fraud via IFAwebnews.

Former Va. insurance head Gross’ work stood out far more than he did

Bob Graham — Fri, 05 Aug 2011 22:16:09 +0000

Alfred W. Gross, the long-serving Virginia insurance commissioner who died just seven months after retiring, was an editor's dream, even though many of those agents and brokers he served wouldn't have known if they bumped into him.

Former Va. insurance head Gross’ work stood out far more than he did via IFAwebnews.

Virginia insurance regulators act against six agents, one insurer

Bob Graham — Mon, 11 Apr 2011 12:02:03 +0000

The following summaries of actions taken against agents and carriers are based on information obtained from the Virginia State Corporation Commission Bureau of Insurance.

Virginia insurance regulators act against six agents, one insurer via IFAwebnews.

Cigna to pay $1.2 million in fines, refunds for violations in N.C.

Bob Graham — Fri, 25 Mar 2011 16:36:56 +0000

Cigna Healthcare of North Carolina agreed to pay more than $1.2 million in fines, refunds and credits to settle allegations of numerous violations state insurance regulators uncovered during a routine market conduct examination more than five years ago.

Cigna to pay $1.2 million in fines, refunds for violations in N.C. via IFAwebnews.

N.J. regulators act against Pa., N.Y. insurance adjusters

Bob Graham — Tue, 15 Mar 2011 09:30:21 +0000

The New Jersey Department of Banking and Insurance recently reported the following administrative actions against two public insurance adjusters and one company.

N.J. regulators act against Pa., N.Y. insurance adjusters via IFAwebnews.