Time Insurance Co. News

Wisconsin Commissioner Seeks Rehabilitation for Time Insurance Co.

Wisconsin Insurance Commissioner Mark Afable has filed a petition and proposed court order that would allow the Wisconsin Office of the Commissioner of Insurance (OCI) to place Time Insurance Co. in rehabilitation. Time Insurance has close 200,000 policyholders for long-term …

Health Insurers in Illinois, Michigan Seeking Rate Hikes for 2016

Blue Cross Blue Shield and Blue Care Network, which sell medical insurance to more than half of Michigan residents who buy their own coverage under the federal health care law, are seeking 2016 premium increases that average about 10 percent, …

Missouri Settles with Major Health Insurer over Claim Denials

Missouri insurance regulators announced a million-dollar settlement with a major health insurer over alleged violations that include denying childhood immunization and cancer screening claims. The Missouri Department of Insurance settled with Time Insurance Co., Union Security Insurance Co. and John …

Idaho Among 9 States Cited For Big Insurance Hikes

The U.S. Department of Health and Human Services has listed Idaho among nine states where insurance companies are seeking increases in premiums deemed excessive under new federal guidelines. HHS Secretary Kathleen Sebelius singled out those states last week after the …