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August 31, 2009
Print Version of All Articles in Aug. 31 ICI
Print out this file for text of articles in the current issue....
Fraud Focus: Execs Expect Fraud Uptick, Regulator Calls for Tougher Penalties, Expert Laments ‘Lost Opportunity’ in Health Fraud Fight
A significant number of corporate executives expect to see more fraud and financial misconduct in their companies in the months ahead – and two-thirds of them say they need to improve their internal controls....
Missouri Slams UnitedHealthcare for Chiropractic Claims...
Two UnitedHealthcare subsidiaries have been fined $536,000 and ordered to reopen at least 50,000 chiropractic claims....
... And Seeks Court Order Telling Central United Life to Pay Up
Missouri has gone to court to stop an insurance company from illegally changing the terms of its cancer insurance policies....
New York Fines Carrier $700,000 for Misleading Health Insurance Policies
New York has fined an insurance company $700,000 and banned it from further sales of limited benefit health insurance policies after it was caught selling them as comprehensive health plans....
Progressive Faces Class Action Lawsuit for Improper Auto Repairs
Progressive Insurance is facing a class action lawsuit alleging it has been “unfair and deceptive” in settling automobile accident claims....
Swine Flu Could Tax Claims Systems, Law Firm Warns
A leading law firm is advising the insurance industry “to immediately come to grips” with current and potential claims related to swine flu....
Personnel Changes
There has been a change in insurance commissioners, a major trade association has hired someone new to oversee compliance issues – and a former commissioner wants to be considered for a new job....
Rules, Regs & Bulletins Aug. 31, 2009
A summary of recent regulatory developments and legislation....