Life Insurance Quote Overview

More than one in four American workers under 65 will be uninsured in 2013, equaling nearly 56 million people, driven by workers' increasing inability to afford health insurance, according to new projections published by HealthAffairs.org.

No-fault auto insurance is consistently more expensive than traditional insurance and should be repealed across the country, according to a national study of auto insurance premiums released by the nonprofit, nonpartisan Foundation for Taxpayer and Consumer Rights (FTCR).

A Canadian company is pushing a new insurance product to U.S. automobile dealers aimed at customers who owe more on their vehicles than the automobiles are worth.

Aon, the nation�s second largest insurance broker, will pay $190 million to policyholders to settle a corruption case brought by the attorneys general of New York, Connecticut and Illinois.

Florida Attorney General Charlie Crist has sued Tenet Healthcare for improperly inflating charges for medical procedures to the detriment of Florida public hospitals. The suit, filed in the U.S. District Court for the Southern District of Florida, alleges that Tenet violated the federal and Florida Racketeer Influenced Corrupt Organizations (RICO) Acts by falsely inflating its charges to obtain reimbursements from a Medicare fund.

It's hardly surprising but a Consumer Federation of America study finds that insurance companies that pay higher commissions to agents and brokers tend to have higher premiums.

Two dozen Florida insurance brokers and insurers are suing some of the biggest names in the insurance business, including Chubb and Prudential, charging them with price-fixing and bid-rigging.

A senior executive at Marsh & McLennan and two AIG employees have pleaded guilty to criminal charges in connection with an ongoing investigation of fraud and bid rigging in the insurance industry, New York Attorney General Eliot Spitzer said.

Giant insurance broker Marsh & McLennan has agreed to pay $850 million in restitution to policyholders harmed by its actions and adopt a new business model that avoids similar conflicts of interest. Marsh also apologized for its "unlawful" and "shameful" conduct.

A Massachusetts attorney says the insurance industry is falsely claiming a "litigation crisis" and blaming victims of accidents and malpractice when in fact it is the insurance companies themselves that are "harming consumers and causing rates to go up through unscrupulous deals."

A multistate agreement with State Farm Mutual Insurance Company will result in $40 million in compensation to thousands of vehicle owners nationwide, New York Attorney General Eliot Spitzer announced.

Company Estimates Cost of Settlement With New York at $100 Million
A landmark, multi-state settlement with UnumProvident will impose sweeping reforms that will protect disabled workers nationwide, New York State Attorney General Eliot Spitzer said today.

Universal Life Settles, Agrees to Cooperate With Prosecutors

California probe of insurance industry corruption advanced today when Universal Life Resources, a large California-based employee benefits brokerage firm, entered into a consent decree and agreed to cooperate with prosecutors, the lead attorney for the state Insurance Commissioner said.

Two employees from Zurich American Insurance Company have pleaded guilty to criminal charges in connection with a bid rigging scheme, New York Attorney General Eliot Spitzer announced. The employees both were senior underwriters at Zurich.

Florida Attorney General Charlie Crist has issued subpoenas to 11 insurance companies as part of an investigation into the business practices of the insurance industry.

New York Attorney General Eliot Spitzer has filed suit against a leading consulting firm specializing in life, accident and disability insurance, alleging that the company steered business to insurers in exchange for lucrative payoffs and that this practice raised premiums for individual employees.

New York Attorney General Eliot Spitzer started it, filing suit against Marsh & McLennan for allegedly steering business clients to insurers that paid an extra compensation. Now, California's Insurance Commission, John Garamendi, is putting the insurance industry under tougher scrutiny.

New York Attorney General Eliot Spitzer sued the nation's leading insurance brokerage firm, alleging that it steered unsuspecting clients to insurers with whom it had lucrative payoff agreements, and that the firm solicited rigged bids for insurance contracts.

A federal bankruptcy court has extended the deadline for consumers who want to apply for refunds in the Warranty Gold bankruptcy.

Pennsylvania consumers who were charged the full price for prescription drugs to treat injuries sustained in automobile accidents will be getting refunds from CVS pharmacies.