Life Insurance Quote Overview

Iowa Attorney General Tom Miller is launching a probe into long-term care insurance, following complaints from seniors who say they're not receiving the benefits they were told their policies would deliver.

Pre-Existing Conditions No Bar to Benefits, Court Holds

New York's highest court has ruled that insurers must pay claimants under group disability policies who have pre-existing conditions.

In La., Whistleblowers Claim Feds Were Defrauded

Mississippi Attorney General Jim Hood says he will go to court after all to press a civil case against State Farm Fire and Casualty Company over its refusal to pay some claims from 2005, when Hurricane Katrina devastated wide areas of the Gulf Coast.

Texas Attorney General Greg Abbott has filed suit against four insurance companies for defrauding consumers who purchased "credit insurance" policies to protect their vehicles' financing.

New York Attorney General Andrew M. Cuomo announced a settlement affecting nearly 400 New York consumers whose credit reports were unlawfully accessed by an insurance company. Under the settlement, Administrators for the Professions, Inc. (AFP), a New York insurance company, is paying $229,600 in compensation to those consumers.

Mutual Benefits Corp., once the largest viatical settlement company in the country, has entered a guilty plea to criminal charges of racketeering and investment fraud in Florida's Broward County Court.

Paraphrasing Richard Nixon, Mississippi won't have State Farm Insurance to kick around anymore.

Both Sides Say They Will Reach a Revised Agreement

A proposed $50 million class action settlement between State Farm Insurance and Mississippi homeowners ravaged by Hurricane Katrina has been derailed by the judge hearing the case.

The personal records of Nationwide Mutual Insurance's 28,000-plus customers were stolen from the offices of a contracting vendor, the company said.

Connecticut Attorney General Richard Blumenthal says his office has received several reports of insurance companies denying coverage based on questionable conclusions that patients' medical conditions pre-existed their insurance policies.

The state of Minnesota has filed a lawsuit against Allianz Life Insurance Company of North America for selling deferred annuities to senior citizens that were unsuitable for seniors' financial needs.

Amica Mutual, Erie Insurance, State Farm Get Top Ratings

Nearly one out of every five customers considers switching car insurance companies after experiencing the collision claim process, according to a J.D. Power and Associates study. Amica Mutual, Erie Insurance and State Farm had the highest satisfaction ratings.

Gulf Coast property owners who lost nearly everything during Hurricane Katrina 16 months ago have won a victory in court. A U.S. District Judge has sided with a property owner, who sued his insurance company over its refusal to pay damage claims.

Companies Forcing Consumers and Taxpayers to Pick Up the Tab

A new study charges that the nation's insurance industry has dramatically increased profits and surplus in recent years, in part by systematically overcharging for insurance and shifting costs to consumers and taxpayers.

The attorneys general of New York, Illinois and Connecticut have filed suit against insurance brokerage firm Acordia, Inc. and its parent company, Wells Fargo Bank, N.A., on charges of steering their customers to insurance companies that paid for the business with undisclosed kickbacks.

GOP Has a Hot Potato for Democrats

More than a year has gone by since hurricanes Katrina and Rita devastated the Gulf Coast, flooding hundreds of thousands of new and used cars on dealer lots. Now a handful of members of Congress say they are still trying to pass legislation to protect consumers from rip-off artists selling the flood-damaged cars -- but not until the next session of Congress.

Giant Insurer Settles Suits Brought by States
Nearly a dozen states have reached agreed final judgments with one of the world's largest insurers, requiring the company to implement a variety of business reforms and refund millions of dollars to commercial policyholders as part of an antitrust settlement initiated last March.

You know you should save for retirement. You know you should save for your children's education. But did you know you could also be saving for your medical expenses and health care?

New Laws, Rising Costs Make Planning Mandatory

For the last 50 years or so, it was not unusual for elderly people to spend their last days in a nursing home, surrounded by strangers, too seldom given much personal attention, too often neglected and abused.

Three health insurance companies have run afoul of Massachusetts state law, facing charges they failed to provide required benefits.