GEICO was fined $100,000 by Washington State officials and ordered to refund about $7.5 million in overcharges to thousands of its customers in the state.

Arch Insurance Co., the bonding company for Equity Homes, a Fairfax, Va.-based home builder, has agreed to pay $460,000 to settle consumer claims regarding deposits on new homes.

A Houston, Texas, insurance agency paid about $30,000 in restitution to surplus lines policyholders it was found by Maryland insurance regulators to have overcharged.

Maryland’s Court of Special Appeals has affirmed a lower court’s ruling that Maryland regulators were correct in rejecting a premium financing agreement over the way it planned to handle refunds to consumers.

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.”

More than 2,400 Allstate customers from Delaware will receive refunds or credits totaling $428,355 after the auto insurer neglected to give them proper discounts for completing a defensive driving course.

Great American Life Insurance Co. and its affiliate, Annuity Investor’s Life Insurance Co., have agreed to a settlement with Minnesota’s attorney general over the sale of deferred annuities to Minnesota residents.

A Texas-based insurer says a recent decision by a state regulator to refund home insurance policyholders $310 million is akin to the financial damage from a major storm.

West Virginia’s BrickStreet Mutual Insurance Co. has been ordered to refund $18.1 million to more than 6,000 policyholders following a market conduct examination by state regulators.

The state’s insurance commissioner, Jane …  Read →