HealthMarkets’ Subsidiaries Reach Settlement With State Regulators

HealthMarkets, Inc. has announced that its insurance subsidiaries have reached a comprehensive settlement with state insurance regulators leading a multi-state examination of HealthMarkets’ insurance subsidiaries. “We have worked closely with insurance regulators during the multi-state examination and settlement process, and we understand our obligations to regulators, as well as our customers,” said HealthMarkets chief executive officer Phillip J. Hildebrand.

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Filed under: Health Insurance / Medical Insurance on July 26th, 2008