INSURASALES

Tag: regulatory compliance

FBI Warns of Nationwide Health Insurance Scams Exploiting Consumers

The FBI warns about nationwide scams offering fake low-cost health insurance plans, resulting in millions lost to fraudulent schemes. Learn key prevention tips.

Auto Insurance Premiums Spike Due to Address-Based Data Errors in Nashville

Nashville renter faces sharp auto insurance premium increase caused by automated address verification errors, highlighting risks in current insurance data practices.

FBI Alerts on Discounted Medical Insurance Scams Targeting U.S. Consumers

FBI issues nationwide warning on discounted medical insurance scams that defraud consumers with fake coverage, causing costly out-of-pocket expenses. Learn how to identify and report these fraudulent schemes.

Texas Senate Advances Right to Appraisal Bill for Auto and Home Insurance

Texas Senate advances SB 458 to mandate appraisal clauses in auto and home insurance policies, enhancing dispute resolution and regulatory oversight.

Vault Medical Services Settles False Claims Act Allegations with $8M Penalty

Vault Medical Services settled for $8M over allegations of submitting false claims to the HRSA COVID-19 Uninsured Program for insured patients, underscoring regulatory scrutiny on insurance claims.

Federal Charges and Guilty Plea in $10M COVID-19 Unemployment Benefits Fraud Scheme

A Nigerian man pleaded guilty to charges related to a $10 million COVID-19 unemployment benefits fraud scheme involving multiple states and sophisticated identity theft and cryptocurrency tactics. DOJ enforcement and task force coordination highlight pandemic relief program vulnerabilities.

Nigerian National Pleads Guilty to $10M COVID-19 Unemployment Benefit Fraud Scheme

A Nigerian national pleaded guilty to a conspiracy that defrauded $10 million in COVID-19 unemployment benefits across multiple US states, involving identity theft and cryptocurrency laundering.

Virginia Court Dismisses TCPA Class Action Against Senior Life Insurance Company

Virginia court dismisses TCPA class action against Senior Life Insurance Company, underscoring the importance of factual claims about call originators for insurance telemarketing compliance.

Federal Cuts Shrink ACA Caseworker Teams Amid Growing Enrollment and Complexity

Federal workforce reductions have eliminated two ACA caseworker divisions, increasing resolution delays amid record 24 million ACA enrollees and upcoming regulatory changes.

2024 Health Insurer CEO Pay Ratios and Medicare Advantage Cost Trends

2024 health insurer CEO pay ratios reveal top executives earning up to 370 times median staff. Medicare Advantage costs remain elevated but manageable as per insurers' financial disclosures.