NC mobile home insurers to refund 1.6 million after state probe
North Carolina regulators say American Modern Home and American Family Home insurers must refund 1.6 million by summer for inflated and misapplied premiums deductibles waterbed charges and unlawful rate practices affecting thousands of mobile home renters and owners across 2007 to 2012. The case includes a 260000 fine and refunds totaling about 1.6 million across more than 28 thousand policies. Contact 1-800-543-2644 for eligibility details.
MENTIONED IN THIS ARTICLE
Mobile Home
N.C
AFHIC
AMHIC
Insurance Department
Kerry Hall
N.C. Department of Insurance
Hall
Madoff trustee hits four-year mark pursuing assets
Four years after Bernard Madoff's arrest, trustee Irving Picard and lawyers led by David Sheehan report securing nearly 9.3 billion of the 17.5 billion investors sunk into the Ponzi scheme. They aim to recover about 3 billion more in 18 months, reducing losses to about 5 billion.
MENTIONED IN THIS ARTICLE
New York
Bernard Madoff
David Sheehan
Bernie Madoff
Madoff
Sheehan
Irving Picard
Manhattan
BakerHostetler
Bernard L. Madoff Investment Securities LLC
Surprise new insurance fee hits health overhaul
Washington AP reports a new 63 per head annual fee to fund pre existing condition coverage under the Obama health care overhaul. The per person charge could total tens of millions for large employers and is likely to be passed to workers. The fee runs for three years starting 2014 to raise 25 billion dollars and funds a stabilization pool for insurers.
MENTIONED IN THIS ARTICLE
Washington
Barack Obama
Chantel Sheaks
Sheaks
Buck Consultants
Xerox
Obama
Health and Human Services Department
U.S. Treasury
Gretchen Young
Erisa Industry Committee
Young
America
Paul Franstin
Employee Benefit Research Institute
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