Massachusetts’ governor defended his insurance department for disapproving 235 of 274 rate increases filed by health insurers for small business plans, noting that owners and working families are “drowning in double-digit premium increases.”

A New York-based automobile insurer will pay out $992,000 to customers it overcharged and pay a $360,000 fine for improperly imposing a 30% rate hike.

California’s insurance commissioner and the Obama Administration are seeking answers as to why Anthem Blue Cross wants to raise its health insurance premiums by as much as 39% for some state residents.