Insurance Law

Health Insurance Companies To Pay Out More Than $1 Billion In Rebates To Customers: Reports – Huffington Post

Insurance companies can issue rebate checks or deduct the money from future bills, but employers who provide health benefits to workers will often pocket the money, rather than the employees, the report says. The health reform law requires …

Panel studies changes to SD jobless benefit laws – CBS News

State Unemployment Insurance Director Pauline Heier says the proposed changes in South Dakota law would include a mandatory financial penalty for people who file fraudulent unemployment benefit claims. It also would deal with businesses who fail …

ND agency fines 2 insurance companies – CBS News

… his office fined West McLean Farmers Mutual Insurance Co. of Minot and Cando-based Family Mutual Insurance Co. Under North Dakota law, a county mutual cannot insure property outside its authorized territory nor may it insure commercial …

Health insurers to pay $1.3 billion in rebates: study – Orlando Sentinel

“While the health reform law as a whole continues to divide the American public, there are tangible changes taking place that benefit consumers,” said Kaiser President Drew Altman. “Greater regulatory scrutiny of private insurance is improving …

Michigan Fireworks Suppliers Want Fast Decision on Insurance Law – Insurance Journal

Suppliers are urging a judge to quickly consider their challenge to a new Michigan law that requires millions of dollars in liability insurance if they want to sell powerful fireworks. Bay City federal Judge Thomas Ludington has set a hearing … Continue reading

PA Insurance Department Announces Quarterly Enforcement Actions – YAHOO!

April 26, 2012 /PRNewswire-USNewswire/ — The Pennsylvania Insurance Department’s Office of Market Regulation … Action is taken after an investigation reveals violations of Pennsylvania laws or regulations, or after the completion of a market conduct …

UPDATE 1-Canada unveils housing agency oversight law – Reuters

CMHC’s commercial activities include providing insurance for higher mortgages and guarantees for mortgage-backed securities issued by banks. Some experts have expressed concerns about Canada’s housing market, with property prices seen as …

Obama healthcare reforms lead to $1.3 billion in insurance rebates – Los Angeles Times

WASHINGTON — U.S. consumers and businesses will receive an estimated $1.3 billion in rebates from insurance companies this year, according to a new study quantifying a key early benefit of the healthcare law that President Obama signed in 2010.

Thune puts damper on VP speculation – CNN

Speaking before a meeting of the Independent Insurance Agents and Brokers of America … There’s only one person who can sign a bill into law. There’s only person who has the capacity to lead the country, to engage with the … Continue reading

$149M in health-insurance rebates for Florida residents due this year, says new report – Orlando Sentinel

The foundation based its state-by-state analysis on estimates insurers provided to state insurance commissioners. “While the health-reform law as a whole continues to divide the American public, there are tangible changes taking place that …