With approval from regulators in Connecticut, New Jersey and New York, UnitedHealthcare has completed its acquisition of Health Net’s northeast business for what could amount to $630 million.

While Connecticut’s insurance commissioner gave his blessing to the sale of Health Net’s northeastern business to UnitedHealthcare, the state’s attorney general said he wants to take a closer look at the acquisition

Officials in Connecticut are investigating the disappearance of a disk drive from an insurer’s office that contains the personal information of 1.5 million members in four states.

The organization representing the states’ insurance commissioners encouraged Congress to supplement, not replace, the state-based, coordinated system of oversight of financial markets.

Connecticut regulators have imposed a $74,500 fine on Harleysville Mutual Insurance Co. after a number of violations found in a market conduct exam, including 39 individuals acting as producers for …  Read →