A Riverside County, Calif. chiropractor is accused of masterminding an elaborate fraud scheme that bilked insurance companies out of millions of dollars. The Press-Enterprise reports Peyman Heidary is charged with heading a criminal organization that established medical clinics and a …
A new method of paying medical fees for injured workers under Alaska’s workers’ compensation program won’t be in place until mid-2015, and it will take more time for insurance companies to judge any effects on lowering costs so that adjustments …
Arizona Gov. Jan Brewer has vetoed a bill that would have allowed insurance companies to drop drivers from their coverage if their car was driven mostly out of the state. The bill would have affected college students and snow birds …
Insurance companies will urge U.S. lawmakers today to stop the Federal Reserve from imposing bank- like capital standards on their industry. A provision of the 2010 Dodd-Frank Act that overhauled U.S. financial regulation requires the Fed to set minimum capital …
The Nevada Division of Insurance recovered more than $3.9 million from insurance companies for Nevada Consumers in 2013, according to the division. A recovery is the amount of monetary compensation or relief received by a consumer as a result of …
A survey of supplier diversity in the insurance industry for California’s largest 206 insurance companies was issued on Wednesday. The results, which are posted on the California Department of Insurance website, shows a majority of insurers are taking steps to …
Louisiana has received $95 million in legal settlements with insurance companies, ending questions about whether the money would roll in for this year’s budget or leave lawmakers scrambling to fill a shortfall. Commissioner of Administration Kristy Nichols announced the settlement …
California regulators are investigating reports that CVS Caremark Corp. refilled prescriptions without patient consent, or insurance approval. The Los Angeles Times reported customers in California and other states discovered CVS Caremark had renewed doctors’ prescriptions and billed their insurance companies …
The Michigan Supreme Court has ruled in favor of insurance companies in two cases that involve drivers who crashed cars when they didn’t have the owners’ permission to get behind the wheel. The court’s Republican majority said this week the …
