Florida insurance regulators have ordered an insurance company and two of its affiliates to stop the unauthorized marketing and selling of health insurance products in the state through an unlicensed captive insurance company.
Connecticut’s attorney general is calling for an end of contractual clauses by Anthem Blue Cross and Blue Shield he feels are hurting the state’s Charter Oak Health Plan for the uninsured.
Merrill Lynch agreed to pay about $425,000 to Virginia to settle allegations that some of its administrative and sales support staff involved in securities transactions in the state were not registered under the Virginia Securities Act.
Two Atlanta, Ga.-based insurance companies agreed to pay Virginia regulators $100,000 for insurance license violations, including improperly sharing commissions with unlicensed people and failing to properly appoint agents.
New York officials are examining the marketing practices of companies selling limited benefit health insurance plans in the state, after fining one company $700,000 for violations of state insurance law.
As an insurance agent for the past 15 years, I have never been more satisfied with my job of helping our seniors maneuver through the enrollment process of Medicare.