Life Insurance Denial Lawyer Missouri

Life Insurance Claims with Humana Insurance Company

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 stated, “Policyholders should be able to choose individual insurance products without insurers bundling products together.”

Missouri conducts countless market examinations and investigations of life insurance companies. These investigations include the way premium rates are charged, the way insurers handle claims and other responsibilities under state law. These reviews can result in refunds for consumers, fines and corrections in business practices, as well as other remedies. In the last five years, Market Conduct enforcement actions have generated nearly $20 million in payments from insurance companies. Don’t let the insurance companies get away with their questionable business practices. If you have been denied a claim, or if you are having trouble with your claim, contact the experienced life insurance and property insurance attorneys at Joseph & Eugene, LLC.