Insurance company sues California commissioner

July 14, 2014July 12, 2014 G. Turner

UnitedHealth Group has now filed a lawsuit with the intention of blocking a fine of $173 million. In order to try to stop itself from having to pay a $173.6 million fine as a result of an acquisition that went awry, the UnitedHealth Group insurance company has now sued the California insurance commissioner. The filing of the lawsuit was at the Orange County Superior Court near the end of last week. According to the insurance company, which is headquartered in Minnesota, the California commissioner, Dave Jones, is doing little more…

Delays for California health insurance rate hike

January 14, 2011July 18, 2021 H. Cutner

On the heels of the announcement that Blue Shield of California would be raising its premiums by 59%, a proposition that has since been delayed by the state’s insurance commissioner, additional delays are being requested from insurers Aetna, Anthem and PacifiCare. Blue Shield of California would be raising its premiums by 59% New Insurance Commissioner, Dave Jones, who urged Blue Shield to postpone their rate hike for 60 days, has extended his inquiry to include the other big name insurers, who claim the rate hike is justified in light…