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Pa. investigating ‘truly exorbitant’ rate hikes of health insurers
Pennsylvania’s nine largest health insurance companies are going under the microscope of state officials, who will explore the genesis behind “a pattern of controversial rate increases.” Ed Rendell...
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Pennsylvania insurance agent’s license revoked over annuity filing
A life insurance agent has lost his license after using his mother’s name and address on a client’s application for an annuity, then tious annuity application has had his insurance license revoked. The...
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Regulators in Pennsylvania take action on six insurance agents
The Pennsylvania Insurance Department reported the following actions against six agents. These summaries are based on information obtained from the insurance department. Thomas J. Weymer Sr. Ashville,...
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Pa. insurance agent admits to misappropriating $800,000
A Salix, Pa. man has lost his Pennsylvania insurance license after regulators discovered he misappropriated more than $800,000. Jeffrey A. Wicks was appointed with Metropolitan Life Insurance Co. from...
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Pennsylvania, other states, settle with Bankers Life for $3.2 million
The Pennsylvania Insurance Department has concluded a $3.2 million multi-state agreement based on the re-examination of Bankers Life and Casualty Co. The state will receive a share of the penalty...
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Proposal would create state office to protect insurance customers
A new bill introduced by Pennsylvania State Rep. Rob Matzie (D-Allegheny-Beaver) would establish an office to advocate for and protect consumers in matters related to health insurance. Robert Matzie...
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