COLORADO AND 28 OTHER STATE INSURANCE REGULATORS LEVY $20 MILLION FINE AGAINST HEALTHMARKETS AND SUBSIDIARY MEGA LIFE, HEALTH
July 28, 2008
July 28, 2008
DENVER, July 28 -- The Colorado Department of Regulatory Agencies' Division of Insurance issued the following news release:
Colorado is one of 29 U.S. states who signed a $20 million regulatory settlement agreement between the states and HealthMarkets, Inc., and its affiliated companies, MEGA Life and Health Insurance Company, Mid-West National Life Insurance Company and Chesapeake Life Insurance Company. Colorado's share of the settlement, almost $650,000, will be added to Colora . . .
Colorado is one of 29 U.S. states who signed a $20 million regulatory settlement agreement between the states and HealthMarkets, Inc., and its affiliated companies, MEGA Life and Health Insurance Company, Mid-West National Life Insurance Company and Chesapeake Life Insurance Company. Colorado's share of the settlement, almost $650,000, will be added to Colora . . .