Wis. OCI Takes Action Against Companies
Wisconsin’s OCI, responsible for overseeing the operations and marketing of companies and agents in the state, has taken the following administrative actions against a number of companies:
*American Dental Plan of Wisconsin, Inc. paid a forfeiture of $1,500.00. This action was based on allegations of failing to comply with a previous examination order.
General Casualty Company of Wisconsin paid a forfeiture of $3,500.00. This action was based on allegations of failing to comply with a previous examination order.
General Casualty Company of Wisconsin paid a forfeiture of $6,500.00 and was ordered to cease an desist from nonrenewing policies because of the agent’s termination unless nonrenewal notice contains an offer to continue or renew the policy if the policyholder provides a written request. This action was based on allegations of an improper nonrenewal of an insurance policy.
Hartford Life and Annuity Insurance Company paid a forfeiture of $500.00 and was ordered to provide the information requested and reply promptly in writing in response to all inquiries from the commissioner requesting a reply. This action was based on allegations of failing to respond promptly to inquiries from OCI.
Humana Insurance Company (f/k/a/) Employers Health Insurance Company, Louisville, Ky. paid a forfeiture of $5,000.00. This action was based on allegations of failing to comply with a previous examination order.
Nationwide Assurance Company and National Casualty Company, Columbus, Ohio paid a forfeiture of $2,000.00 and were ordered to provide the requested information. This action was based on allegations of failing to comply with a previous examination order.
Regent Insurance Company, Sun Prairie, Wis. paid a forfeiture of $8,500.00. This action was based on allegations of failing to comply with a previous examination order.
Selective Insurance Company of South Carolina, Branchville, N.J. paid a forfeiture of $500.00 and was ordered to reply promptly in writing and to reply promptly to all future inquiries from the commissioner requesting a reply. This action was based on allegations of failing to respond promptly to inquiries from OCI.
UnitedHealthcare of Wisconsin, Inc. Wauwatosa, paid a forfeiture of $15,000.00 and was ordered to provide the information requested and promptly reply in writing to all future inquiries from OCI providing the information requested. This action was based on allegations of failing to respond promptly to many inquiries from OCI.
- Farm Bureau Must Defend Insured in Deadly Legionnaires’ Disease Outbreak in Carolina
- Florida’s Home Insurance Industry May Be Worse Than Anyone Realizes
- Jury Awards $80M to 3 Former Zurich NA Employees for Wrongful Termination
- 4,800 Claims Handled by Unlicensed Adjusters in Florida After Irma, Lawsuit Says
- Poll: Consumers OK with AI in P/C Insurance, but Not So Much for Claims and Underwriting
- California Chiropractor Sentenced to 54 Years for $150M Workers’ Comp Scheme
- Millions of Recalled Hyundai and Kia Vehicles, With Dangerous Defect, Remain on Road
- Work Safety Group Releases List of ‘Dirty Dozen’ Employers