Original source: https://csimt.gov/news/rosendale-secures-restitution-for-montanans-who-were-misled-during-insurance-sales/
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Montana Commissioner of Insurance Securities & Insurance (09/11/19)
State Auditor and Insurance Commissioner Matt Rosendale declared that 3,645 Montanans will soon receive letters in their mailboxes notifying them that they may be eligible for restitution from an insurance policy situation prosecuted by his office. If Montanans receive email tagged with”Health Insurance Innovations Restitution Fund” or”Dahl Administration, then” they ought to start the letter and follow the directions contained in it. To receive restitution, policyholders need to fill out the form attached to the letter and then return it into the State Auditor’s office by Nov. 9. The restitution comes in settlements in a situation dealing selling health insurance to people throughout the nation between 2016 and 2012. Lots of the individuals who sold the insurance providers were not licensed, not appointed with insurers accountable for the coverages supplied information regarding the policies’ terms. “My primary mission as State Auditor will be to safeguard consumers. If companies use misleading sales tactics or are dishonest about what they are selling, there’ll be impacts,” Rosendale stated. “The key is disclosure and transparency. Clients need to be made fully conscious of what they’re buying and the details of the contract”… Read More
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