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Blue Cross Blue Shield ordered to pay $421 million in fraud lawsuit

A jury has awarded $421 million in damages to a group of Louisiana doctors after finding Blue Cross Blue Shield committed fraud and abuse of rights. The insurance company was found to have withheld payments for approved procedures, including breast reconstruction following cancer...

Inszone Insurance Services Announces Acquisition of Huntington Pacific Insurance Agency

Inszone Insurance Services Announces Acquisition of Huntington Pacific Insurance Agency Inszone Insurance Services, a leading national provider of commercial, personal, and benefits insurance, is thrilled to announce the acquisition of Huntington Pacific Insurance Agency, a trusted and reputable agency serving clients with dedication and...

Limit number of learner permits drivers can apply for – insurance company

An insurance company is calling for a limit on the number of learner permits a driver can apply for.  The suggestion comes after a new survey reveals that more than 67,000 people are on their third or more learner permit. Insurance company 'Peopl' said some...

Office of Public Affairs | James B. Nutter & Company to Pay $2.4M for Allegedly Causing False Claims for Federal Mortgage Insurance

James B. Nutter & Company, a former mortgage lender located in Kansas City, Missouri, has agreed to pay $2.4 million to resolve allegations that it violated the False Claims Act and the Financial Institutions Reform, Recovery and Enforcement Act of 1989 by knowingly...

Senate Bill 900 is a bonanza for insurance companies and a blow to housing affordability – Orange County Register

Legislation now on Gov. Gavin Newsom’s desk proposes a transfer of vast wealth from California homeowners to California utility companies.  Senate Bill 900 would force homeowners to maintain and repair the pipelines delivering gas, water, and electricity to the millions of townhomes, condos,...

Selling your insurance agency | Digital Insurance

We are in an unprecedented market, and it's likely we're all experiencing it in one way or another. Our industry remains dedicated to helping clients navigate rising premiums and reduced appetite for taking on risk, stemming from a global pandemic, inflation, supply chain...