IFAwebnews » settlements

Maxim Healthcare settles false Medicaid, VA claims case with government

IFAwebnews Staff — Tue, 13 Sep 2011 10:24:13 +0000

A Columbia, Md., based company that provides wellness and other health services settled allegations of false claims over Medicaid and Veteran Affairs Department payments received from October 1998 through May 2009.

Maxim Healthcare settles false Medicaid, VA claims case with government via IFAwebnews.

Fla. business sues international supplier over faulty drywall

Jaime L. Brockway — Wed, 27 Jul 2011 04:32:56 +0000

A Florida supply company sued an international conglomerate for allegedly lying about defective Chinese drywall used to rebuild after hurricane disasters, which forced the company to pay about $55 million in legal settlements.

Fla. business sues international supplier over faulty drywall via IFAwebnews.

AIA opposes Md. ‘set-aside’ condition of workers’ comp. settlement

Jaime L. Brockway — Wed, 09 Feb 2011 10:08:15 +0000

The American Insurance Association (AIA) opposes a regulation requiring the Centers for Medicaid & Medicare Services (CMS) to approve a set-aside arrangement as a condition for approval of a workers’ compensation settlement under Maryland law.

AIA opposes Md. ‘set-aside’ condition of workers’ comp. settlement via IFAwebnews.

Liberty Mutual pays Conn. $2 million over alleged kickbacks to brokers

Jaime L. Brockway — Wed, 05 Jan 2011 13:50:40 +0000

Liberty Mutual Insurance Co. will pay $2 million to Connecticut to settle allegations that it paid brokers to rig insurance bids.

Liberty Mutual pays Conn. $2 million over alleged kickbacks to brokers via IFAwebnews.

36 insurers settling workers’ comp. overages for $120 million for overcharges

Bob Graham — Tue, 04 Jan 2011 11:49:03 +0000

Four insurance companies agreed to pay $120 million in excess workers' compensation surcharges to New York State on behalf of their 36 member insurance companies.

36 insurers settling workers’ comp. overages for $120 million for overcharges via IFAwebnews.

Firm pays $66,600 in restitution after Va. finds it used wrong rates

Bob Graham — Tue, 08 Jun 2010 11:17:31 +0000

A Hartford, Conn.-based insurance company paid $66,684 in restitution after Virginia insurance regulators found the company was using improper rate information.

Firm pays $66,600 in restitution after Va. finds it used wrong rates via IFAwebnews.

N.J. health clinic, officials reach settlement on fraud lawsuit

Keith L. Martin — Mon, 24 May 2010 12:48:54 +0000

The owner of an Essex County pain management center will pay more than $88,000 in penalties and restitution through a deal with New Jersey officials to settle allegations including fraudulently billing insurance companies.

N.J. health clinic, officials reach settlement on fraud lawsuit via IFAwebnews.

Life settlements firm to pay $170,000 for unregistered Va. securities

Keith L. Martin — Thu, 13 May 2010 12:28:54 +0000

A Texas-based life settlements firm has agreed to a settlement with Virginia regulators over allegations it failed to register its securities.

Life settlements firm to pay $170,000 for unregistered Va. securities via IFAwebnews.

Court rules Pa. city, not insurer, must pay death settlement

IFAwebnews Staff — Wed, 12 May 2010 13:03:37 +0000

Citing the “employee injury exception” in an insurance policy, a federal appeals court has overturned the ruling of a lower court that Scottsdale Insurance Co. must pay claims related to the 2005 shooting death of an Easton, Pa., police officer.

Court rules Pa. city, not insurer, must pay death settlement via IFAwebnews.

Mass. AG settles with four more insurers over at-fault accident reports

Keith L. Martin — Tue, 11 May 2010 12:00:00 +0000

Four more auto insurers have reached a settlement with Massachusetts’ attorney general to correct thousands of driving records as officials now turn their attention to the use of private databases for rating purposes.

Mass. AG settles with four more insurers over at-fault accident reports via IFAwebnews.