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Massachusetts Court Orders UnitedHealthcare Affiliates to Refund Millions to Victims

January 10, 2025January 10, 2025 Logan B.

Massachusetts Court orders Unitedhealthcare refund

UnitedHealthcare-Affiliated Insurers Ordered to Pay $165 Million for Misleading Consumers Historic Ruling Against Deceptive Sales Practices A Massachusetts Superior Court has ordered HealthMarkets Inc. and its subsidiaries, The Chesapeake Life Insurance Company and HealthMarkets Insurance Agency, to pay $165 million for engaging in what the court described as “egregious” and widespread deceptive practices. These companies, owned by UnitedHealth Group, have been found guilty of misleading thousands of Massachusetts consumers into purchasing supplemental health insurance policies they did not need or fully understand they were buying. This judgment—comprising $50 million in…

Major Decision by Florida Court of Appeals Shakes Up Insurance Landscape

January 9, 2025January 8, 2025 H. Cutner

Florida Court Ruling Redefines Assignment of Benefits (AOB) and Its Impact on Homeowners Insurance A recent ruling by a Florida court of appeals has established that a “direction to pay” (DTP) by a policyholder does not equate to an “assignment of benefits” (AOB). This decision serves as a significant milestone reinforcing the legislative reform introduced through Senate Bill 2-A in 2023. The reform prohibits insurance policy benefits issued after January 1, 2023, from being assigned to third parties. The objective of Senate Bill 2-A is to curb the extensive litigation…

Record, Protect, Prevail: Dash Cams Lead the Charge in Road Security

October 24, 2024October 25, 2024 Angela Linders

Dash Cams: Revamping the Auto Insurance Industry In recent years, dash cams have transitioned from being novelties to essential automotive accessories. These compact devices, mounted on vehicle dashboards or windshields, continuously record the road ahead, capturing crucial footage that can be invaluable in the event of an accident. As technology advances, dash cams have become more affordable and accessible, leading to widespread adoption among drivers seeking additional security and evidence on the road. Impact on Insurance Claims One of the most significant impacts of dash cam usage is its role…

What is Double-Dipping a Car Insurance Accident Claim?

September 21, 2021July 31, 2023 Ester Adams

Some risks are healthy, and everyone should take them. For example, when you risk missing out on something popular so that you can achieve something better. Or if you take a chance at pouring your heart out to someone you love and not hear, “I love you too.” But some risks, like trying your hand at fraud so you can get rich quickly, are not worth it. This article talks about a temptation many policyholders face – double-dipping car insurance accident claims. Although there are no official statistics to tell…

What You Need To Know About Car Insurance Fraud

February 5, 2021February 5, 2021 Guest Author

While you may typically think of car insurance as a way to protect you in case of an accident, others may look at car insurance as a way to make money off of others. Car insurance fraud occurs when someone purposely tries to gain money or benefits that they know they are not eligible to receive. Even if you do not participate in car insurance fraud, you can still be a victim of someone who does. By understanding these facts about car insurance fraud, you will be able to protect…

Allstate AI technology helps spot and stop fraud

April 24, 2020April 23, 2020 Logan B.

The insurance company is using artificial intelligence to reduce its payments to fraudulent claims. New Allstate AI technology is being used to help slash the number of times fraudsters get away with making claims. Insurance fraud has become an $80 billion industry in the United States, forcing premiums skyward. Fraudulent claims in the U.S. are currently estimated to be worth more than $80 billion every year. Legitimate customers are required to cover the cost of the payments that scammers are receiving through higher premiums. Among the reasons that insurance fraud…

Insurance giants Allstate and State Farm file fraudulent billing suits against healthcare providers

May 20, 2019May 20, 2019 Logan B.

The two carriers have each filed separate lawsuits against medical doctors and their clinics. Two U.S. insurance giants have each filed a lawsuit against medical doctors as well as the pain management clinics of those healthcare providers. The doctors and clinics have been accused of submitting bills to the insurers for unnecessary medical procedures conducted on victims of vehicle crashes. The lawsuits are against both the clinics and the doctors who own them and provide healthcare there. One of the two insurance giants, Allstate Insurance, filed a lawsuit in the…