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Major Insurers Most Likely to Feel Effect of Proposed Systemic Regulation: Some of the larger insurers could qualify for supervision under Sen. Chris Dodd's proposed bill to reform the U.S. financial system. Some companies ...
Date: 3/16/2010    Source: BestWire
D.C. Rescinds 35% Rate Hike for CareFirst BlueCross BlueShield: The insurance regulator for the District of Columbia has rescinded a 35% premium rate increase it approved for CareFirst BlueCross BlueShield's comprehensive ...
Date: 3/12/2010    Source: BestWire
Iowa Gov. Directs Commissioner to Delay 18% Premium Increase for Wellmark Blues: Iowa's governor directed the state's insurance commissioner to delay an 18% premium rate increase approved for Wellmark Blue Cross Blue Shield pending an ...
Date: 3/9/2010    Source: BestWire
Perspectives: AIA President Says It's Crazy to Consider Insurers as Risky as Banks: The Senate may now be deciding the future of the U.S. financial system, and the American Insurance Association is trying to get a say in that. "I ...
Date: 3/8/2010    Source: BestWire
State Farm to Offer Mitigation Discounts in Mississippi: The Mississippi Department of Insurance confirmed it approved a mitigation discount program offered by State Farm that could give policyholders up to 30% off ...
Date: 3/3/2010    Source: BestWire
Blues Not Appealing R.I. Commissioner's Ruling Limiting Premium Hike on Individual Plans: Blue Cross & Blue Shield of Rhode Island isn't appealing the state health insurance commissioner's decision to limit its premium increases on direct pay plans ...
Date: 2/24/2010    Source: BestWire
Troubles Continue for California Anthem With Notice of State Violations: Anthem Blue Cross of California has not only been held up as the White House's chief example of abusive health premium increases, but it's now the subject of ...
Date: 2/23/2010    Source: BestWire
White House Still Pushing Consumer Protection Agency: The White House is keeping the idea of a Consumer Financial Protection Agency alive as Congress has been struggling to find a way to approach major changes to ...
Date: 2/23/2010    Source: BestWire
R.I. Commissioner Limits Blue Cross Premium Increase to 7% on Individual Plans: Rhode Island's health insurance commissioner has ruled that Blue Cross & Blue Shield of Rhode Island can raise premiums on its direct pay plans for individuals ...
Date: 2/19/2010    Source: BestWire
Aetna Pays $750,000 Fine Over Violations to Small Business Health Program: Aetna Health Inc. has paid a $750,000 fine as part of a settlement with New York insurance regulators concerning violations related to its administration of ...
Date: 2/8/2010    Source: BestWire
Colo. Jury Returns $37.3 Million Verdict Against Assurant Health Unit in Canceled Coverage Case: A Colorado state court jury has returned a $37.3 million dollar verdict against a subsidiary of Assurant Health in a case of a policyholder whose coverage was ...
Date: 2/1/2010    Source: BestWire
Theft of Computer Hard Drives Cost Tennessee Blues $7 Million So Far: BlueCross BlueShield of Tennessee has spent more than $7 million dollars so far on costs related to the theft of computer hard drives containing the personal ...
Date: 2/1/2010    Source: BestWire
Homesteaders Life Allegedly Among the Defrauded in Prepaid Burial Insurance Scam: An Indiana funeral home director has been arrested on nine counts of insurance fraud in a case involving prepaid burial insurance policies. Detectives ...
Date: 1/27/2010    Source: BestWire
Health Insurers Use Pre-emptive Strike on Legislative Mandate in Florida: In a pre-emptive strike on a legislative mandate, major health insurers in Florida have agreed to pay for what could be costly care for members diagnosed with ...
Date: 1/25/2010    Source: BestWire
Rhode Island Blues Seeking 10.2% Rate Increase on Direct Pay Plans for Individuals: Blue Cross & Blue Shield of Rhode Island's request to raise premiums on "direct pay" plans for individuals by an average of 10.2% is drawing public ...
Date: 1/22/2010    Source: BestWire
California Insurers Lose Bid to Block Payments to Advocates: A California appeals court upheld changes to state insurance regulations that clarified that insurers must pay the cost of challenges to rates deemed ...
Date: 1/8/2010    Source: BestWire
Regulators, Liaisons: NAIC Consumer Program Needs to Change: Regulators and consumer advocates are questioning the effectiveness of consumer representatives at the National Association of Insurance Commissioners and are ...
Date: 12/21/2009    Source: BestWire
Australia Regulator Broadens Consumer Access to Complaint Process: The Australian Securities and Investment Commission said consumers will have greater access to the independent financial services dispute resolution body for ...
Date: 12/18/2009    Source: BestWire
HealthAmerica, Subsidiary Settles With Pennsylvania Over Allegations of E.R. Claims Denials: HealthAmerica Pennsylvania Inc. and HealthAssurance Pennsylvania Inc. reached a settlement with the state attorney general's office over allegations of ...
Date: 12/14/2009    Source: BestWire
Long-time Consumer Advocate Sees Pro-Insurer 'Sea Change': After 15 years of representing insurance consumers at the National Association of Insurance Commissioners, Birny Birnbaum is stepping away from NAIC business. ...
Date: 12/9/2009    Source: BestWire
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