INN Blog

More Posts
 

Wash. fines insurance company Aetna $1 million

Associated Press

OLYMPIA, Wash. -- Aetna Life Insurance Company has agreed to pay a $1 million fine for violations in Washington state.

The Washington stateOffice of the Insurance Commissioner said Thursday that Aetna's violations included issuing unapproved insurance policies and failing to file legally required documents. The office says the Connecticut-based company has agreed to pay the fine.

Aetna did not immediately return a call seeking comment.

Officials say Aetna has agreed to a compliance plan to prevent similar problems in the future.

Copyright:(c) 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Wordcount:82



USER COMMENTS:

comments powered by Disqus

  More Newswires

More Newswires >>
  Most Popular Newswires

More Popular Newswires >>
Hot Off the Wires  Hot off the Wires

More Hot News >>

insider icon Denotes premium content. Learn more about becoming an Insider here.
International Travel Means Big Opportunities for Producers this Summer.