March 2014

Missouri recently reached a multistate regulatory settlement agreement with Humana Insurance Company whereby they agreed to pay $1.8 million in fines divided among 10 states and establish $2.7 million in a consumer restitution pool. Humana was requiring some employers to purchase group life insurance products with group medical insurance. Missouri Insurance Director John M. Huff

Life insurance and property insurance companies typically have the right to obtain information and material that might be in the insured’s possession regarding a claim through the examination under oath (EUO) process. The right to acquire an EUO comes from the insurance contract itself. Unlike a deposition where you can have an attorney make objections