North Carolina’s insurance commissioner says his office generated a record amount of monetary restitution and recoveries, doubling its recoveries from 2009.

Blue Cross and Blue Shield companies’ anti-fraud investigations resulted in recoveries of more than $510 million in 2009, according to data released by the Blue Cross and Blue Shield Association (BCBSA).

The New York State Insurance Department announced it has recovered $13.6 million from insurance companies over consumer complaints filed between April 1 and June 30.

Regulators say the money recovered for …  Read →