Lara issues cease and desist order to Innovative Partners and multiple other entities for scheme involving sale of misleading health insurance
California Insurance Commissioner
"We will use every tool at our disposal to protect consumers," said CLara. "When Californians purchase health coverage, they deserve the full confidence the coverage they are promised will be there when they need it. Selling insurance without the proper licensing or certification is against the law and puts consumers health and financial well-being at risk."
The department launched an investigation after receiving information that
Consumers also experienced issues with lack of coverage for medical benefits they were promised.
For example, one consumer signed up for a policy they were told was an
He received an ID card which included
In another case, a small business owner was looking to purchase new health insurance after his business slowed causing him to become ineligible for his prior coverage.
The consumer stated that the issue began after he tried to purchase a policy through Covered California and gave up due to cost. He then received a call from
Upon signing up, the consumer specifically asked about ER visits and was told that the plan covered up to two visits, per year, with a
Consumers who have purchased health coverage through
Cease and Desist Orders were served against the following:
Click here to read the Cease and Desist Order.



State lawmaker pushing for more transparency from insurance companies on earthquake coverage
Connecticut joins suit to block ACA rule adding fees and cutting access to health coverage
Advisor News
- Global economy ‘resilient’ in the wake of massive disruption
- Cryptocurrency legislation takes one step forward with bipartisan support
- IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
- The hidden flaw in insurance AI adoption for advisors and carriers
- Rising healthcare costs impact 401(k) accounts
More Advisor NewsAnnuity News
- MetLife Expands Guaranteed Retirement Income Offering with Innovative Flexible Annuity Option
- How annuities can help protect retirees from financial scams
- MetLife Inc. (NYSE: MET) Climbs to New 52-Week High
- The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business
- AuguStar Retirement launches StarStream Variable Annuity
More Annuity NewsHealth/Employee Benefits News
- National Association for Veterans Rights Raises Questions About Federal Court Ruling Impacting Veteran Claims Assistance
- From Network Automation to Agentic NetOps: NetBrain Sets the Standard for Deploying AI in Network Operations
- Hecklers disrupt Hinson rally as Iowa U.S. Senate candidate touts stock trading ban
- The California governor’s race you hate is the one you helped create | Opinion
- Enrolling in Medicare
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Halyk-Life, JSC
- AM Best Affirms Credit Ratings of Symetra Financial Corporation and Its Subsidiaries
- AM Best Assigns Credit Ratings to Park Avenue Life Insurance Company
- Nationwide reaches reinsurance agreement with MassMutual on UL policy block
- Best’s Market Segment Report: AM Best Maintains Outlook on Philippines’ Non-Life Insurance Segment at Stable
More Life Insurance News