Media Contact for Insurance Company to Pay $625,000 to Resolve Claims of Unlawful and Deceptive Sales of Health Plans Roxana Martinez-Gracias BOSTON — A Florida-based insurance agency has agreed to pay $625,000, including consumer restitution, to settle allegations that it used deceptive and unlawful practices to sell health plans to Massachusetts consumers, Attorney General Maura Healey announced today. “Massachusetts has strict regulations regarding the marketing and sale of health insurance for a reason: to prevent companies like this one from taking advantage of people regarding something as serious and essential as healthcare.” said AG Healey. “We took action against this...
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OLDWICK, N.J.--( BUSINESS WIRE )--AM Best has affirmed the Financial Strength Ratings of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Old United Casualty Company (OUC) and Old United Life Insurance Company (OUL). The outlook of these Credit Ratings (ratings) is stable. Both companies are headquartered in Merriam, KS. The ratings of OUC reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (ERM). OUC’s balance sheet strength assessment is driven by its risk-adjusted capitalization being at the strongest level, as measured by Best’...
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CEDAR RAPIDS, Iowa--( BUSINESS WIRE )--Matt Goolsby of Market Advisory Group in Wichita, Kan., was recently honored as the 2020 Agent of the Year for United Life Insurance Company. This prestigious award is given annually by United Life to an agent who has demonstrated leadership in the industry, strong values, balanced life insurance and annuity growth, as well as outstanding service and a high standard of ethics. Goolsby was top annuity agent for seven of 12 months and ranked number one in total production for the year. “Matt’s desire to succeed never wavers; he is a constant in world of ups and downs,” said Mike Sears, Vice President of Sales. “He sets his goals and always works hard to...
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Affordable car insurance and much more! For your convenience, The United Agency provides every coverage you need, including: Do you have enough auto insurance? If you’ve purchased car insurance online through a low-cost provider, you may have a policy with the minimum level of liability insurance required by the state of South Carolina. This is risky because it minimizes your level of protection. If you are sued for auto liability and the damages exceed the limits of your auto insurance policy, your personal assets (such as your life savings) can be placed at risk. For catastrophic accidents that involve fatalities or injuries to multiple people, damages may reach $1 million or more....
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Accidental Death & Dismemberment (AD&D) Accidents can happen anytime. Don’t leave them unprepared. Your untimely accidental death could leave your family with long lasting financial burdens. Accidental Death & Dismemberment (AD&D) insurance can help give them a safety net. How does it work? As a member of Georgia United Credit Union, you are eligible to enroll for $1,500 of no-cost TruStage® Accidental Death & Dismemberment Insurance underwritten by CMFG Life Insurance. AD&D insurance can pay a cash benefit to your beneficiary if you die in an accident or suffer a serious injury. What’s covered? Once you enroll, AD&D insurance pays a cash benefit to your...
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Policyholder Information Company Overview Consumers United Insurance Company was a wholly owned subsidiary of Consumers United Group, Inc., a Delaware holding company with 100% ownership by a trust established for the benefit of the employees. The company concentrated on not-for-profit association group programs--group life, annuities, and accident and health products, as well as employee benefit plans. Consumers United was licensed in the District of Columbia and all states except Connecticut, Hawaii, Kansas, Maine, Maryland, Massachusetts, New Jersey, New York, North Carolina, and Tennessee. An order of liquidation was issued in mid-1994. The state life and health insurance guaranty...
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Manhattan Life Medicare Supplement Plans for 2021 - MedicareFAQ Manhattan Life Medicare Supplement Plans Manhattan Life Medicare Supplement plans are well known for their A+ ratings. This company began back in 1850 out of Houston, Texas, Manhattan Life is a large insurance carrier and belongs to the Manhattan Life Insurance Company. Manhattan Life Insurance Company is also the parent company for Manhattan Life, Western United Life Assurance, Central United Life, as well as Family Life Insurance company. The best time to enroll in Medigap is during your Medicare Supplement Open Enrollment Period, which gives you access to coverage without health status being a factor. Manhattan Life Medicare...
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United Of Omaha Life Insurance United of Omaha Life Insurance Company United of Omaha Life Insurance Company - a Mutual of Omaha company- has been helping to provide comfort, stability and peace of mind to Americans for close to a century. The family-oriented company prides itself in listening to customers, helping them build and achieve their goals and guiding them through all of life’s transitions. United of Omaha offers a number of ways to acquire the life insurance coverage necessary to help gain a sense of security in a world of unpredictability. The History of United of Omaha United of Omaha was incorporated in 1926 (under the name United Benefit Life Insurance Company) and started...
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Why Western United Life Assurance Annuities? ManhattanLife offer annuity contracts in all 50 states and Puerto Rico. Their contracts are offered, underwritten, and issued by either Manhattan Life Insurance Company or Western United Life Assurance Company. They are administered by their Annuity Operations Office in Spokane, Washington. WULA offers 4 different annuities, including: ManhattanLife has an AM Best Rating of B+ and BBB Rating of A+. State Availability WULA is available in all states. Discovery Discovery is an individual, deferred, single premium, multi-year guarantee annuity (MYGA). You have a choice of interest rate guarantee periods ranging from 3 to 7 years. $10,000 for 3, 5,...
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Butler v. Unified Life Insurance Company, et al. UNITED STATES DISTRICT COURT, DISTRICT OF MONTANA Butler et. al. v. Unified Life Insurance Company, et al., Cause No. CV-17-50-SPW-TJC NOTICE OF PENDENCY OF CLASS ACTION LAWSUIT On December 3, 2018, Plaintiffs alleged that Unified systematically breached class member short-term medical insurance policies issued from 2014 to 2017 by underpaying, through its utilization of Data iSight, medical claims at levels below what was required by the insurance policies. Unified denies all material allegations of Plaintiff’s class action complaint. The Court certified the class action lawsuit on September 30, 2019. In June 2020, individual notices were...
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