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The Department has considered all relevant factors in making its determination that insurers that renewed existing plans, on or before December 31, 2014, that otherwise would have been modified or canceled under the Affordable Care Act (ACA), may renew those transitional policies in the individual and small group markets through October 1, 2016....
Check HERE for information regarding a cyber attack that may impact up to 11 million Premera Blue Cross customers.
PHOENIX – The Arizona Department of Insurance is offering help to consumers who may have claims against Genuine Warranty Solutions, Inc., which has gone out of business. Arizona consumers who purchased vehicle service contracts from Genuine may be eligible for partial premium refunds for unexpired service contracts or payments for unpaid claims for vehicle service or repairs.
Anthem Blue Cross Blue Shield (Anthem) reported that it has been a victim of a cyber-attack and there was a breach involving the personal information of its policyholders. According to Anthem, up to 418,640 Arizona residents are impacted. The Arizona Department of Insurance is monitoring the Anthem security breach and want you to protect yourself if you think you may be an affected policyholder.
PHOENIX – The Arizona Department of Insurance is trying to locate consumers who purchased Arizona home warranty contracts from Sensible Home Warranty, which went out of business last year. Partial refunds may be available for some Arizona consumers who pre-paid their premiums, or who paid to repair or replace equipment and did not receive a payment from Sensible Home Warranty.
The Arizona Department of Insurance begins 2015 with a reorganization that will streamline management and optimize resources by merging similar operations of two divisions into a new Rate & Form Division.
– A Phoenix man was arrested in the San Diego, Calif., area over the weekend for his suspected involvement in a conspiracy ring that filed false auto insurance claims.
A Phoenix woman was arrested today in a scheme to pocket commissions on two fraudulent annuities that totaled $1.1 million.
The owner of an auto body shop and another man were arrested today, accused of staging auto accidents and collecting on fraudulent insurance claims. Guillermo “Willie” Altamirano, 33, owner of Champion Auto Body in Phoenix, was a key member of an organized crime syndicate that staged crashes to collect at least $200,000 in fraudulent claims.
A Phoenix woman, who was paid $26,500 by Travelers Insurance Company after she claimed she lost her wedding rings while swimming in the Pacific Ocean, pled guilty to two counts of insurance fraud. The fraud was uncovered, in part, by a Facebook photo showing her still wearing the distinctive rings after they were supposedly lost.
We are aware of a phishing scam targeting insurance professionals claiming that the National Association of Insurance Commissioners received a complaint that the professional submitted a falsified claim. This fraudulent email displays the NAIC and CIPR logos, can originate from what appears to be an naic.org or gmail.com email account, and instructs the recipient to click on a link to download the complaint notification.
Certain antivirus products will detect this as a malicious email. If you receive a similar email and have any concerns, contact the NAIC Service Desk at (816) 783-8500 or [email protected].