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SACRAMENTO, Calif. – Commissioner Dave Jones today ordered the California Department of Insurance to open an investigation into recent allegations that Wells Fargo and National General Insurance improperly charged consumers for “force-placed” or “lender-placed” auto insurance for consumers who had auto loans with Wells Fargo.
This article first appeared on Insurance Journal. Anthem Inc., Cigna Corp., Health Care Service Corp. and Molina Healthcare, four of the biggest health insurers selling Obamacare plans, said they are weighing whether to pull out of more markets for 2018 rather than face financial losses. They have until Sept. 27 to finalize their plans. So far, 40 U.S. counties are