Attorney General Lori Swanson on Thursday announced her office’s second settlement with a life insurance company involving the questionable sale of long-term annuities to Minnesota senior citizens.
Swanson said the settlement with Iowa-based American Equity Investment Life Insurance Co. will affect as many as 2,400 Minnesotans whose claims for refunds total $125 million.
At a Capitol news […]
UnitedHealth Group Inc., the largest
U.S. health insurer, is poised to reach its forecasts of 13
percent profit growth this year and next, even after being
accused of cheating customers by New Yorks attorney general.
Andrew Cuomo, the states top law enforcement official, said
on Feb. 13 […]
Hedge-fund manager William Ackman,
who has bet against bond insurers including MBIA Inc. and Ambac
Financial Group Inc., proposed restructuring the companies so
more capital stays within their insurance subsidiaries.
Ackman, managing partner of Pershing Square Capital
Management LP in New York, said the companies insurance units
should […]
Attorney General Lori Swanson on Thursday announced her office’s second settlement with a life insurance company involving the questionable sale of long-term annuities to Minnesota senior citizens.
Swanson said the settlement with Iowa-based American Equity Investment Life Insurance Co. will affect as many as 2,400 Minnesotans whose claims for refunds total $125 million.
At a Capitol news […]
Attorney General Lori Swanson on Thursday announced her office’s second settlement with a life insurance company involving the questionable sale of long-term annuities to Minnesota senior citizens.
Swanson said the settlement with Iowa-based American Equity Investment Life Insurance Co. will affect as many as 2,400 Minnesotans whose claims for refunds total $125 million.
At a Capitol news […]
SAN FRANCISCO
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UnitedHealth Group Inc. could face fines up to $1.3 billion because its PacifiCare unit allegedly handled claims unfairly after it was taken over by the nation’s second-largest health insurer, California officials said Tuesday.
Regulators investigated and uncovered at […]
California slapped record sanctions on UnitedHealth Group Tuesday for problems handling insurance claims, even though the giant health insurer protested that it had taken major steps in the past few months to clean up its act.
The California Department of Managed Health Care said it will fine a subsidiary of Minnetonka-based UnitedHealth $3.5 million, the department’s […]
SAN FRANCISCO
-
UnitedHealth Group Inc. could face fines up to $1.3 billion because its PacifiCare unit allegedly handled claims unfairly after it was taken over by the nation’s second-largest health insurer, California officials said Tuesday.
Regulators investigated and uncovered at […]
SAN FRANCISCO
-
UnitedHealth Group Inc. could face fines up to $1.3 billion because its PacifiCare unit allegedly handled claims unfairly after it was taken over by the nation’s second-largest health insurer, California officials said Tuesday.
Regulators investigated and uncovered at […]
California slapped record sanctions on UnitedHealth Group Tuesday for problems handling insurance claims, even though the giant health insurer protested that it had taken major steps in the past few months to clean up its act.
The California Department of Managed Health Care said it will fine a subsidiary of Minnetonka-based UnitedHealth $3.5 million, the department’s […]