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In 2007, the Los Angeles Times ran a news story that alleged that the policies of Prime HealthCare Services, Inc., resulted in higher-than-average profits for the possible cost of patient care: "When Reddy's company, Prime Healthcare Services Inc., takes over a hospital, it typically cancels insurance contracts, allowing the hospital to collect ...
The New Jersey Department of Banking and Insurance (DOBI) is one of 15 principal departments in New Jersey government. The department's mission is to regulate the banking, insurance and real estate industries in a professional and timely manner that protects and educates consumers and promotes the growth, financial stability and efficiency of these industries. [1]
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The company primarily sells term life insurance, [2] as well as other financial services including auto and home insurance, mutual funds, and credit monitoring. [ 47 ] [ 9 ] In 2010, Primerica was reported to have over 100,000 representatives selling the company's financial products, with individual earnings averaging $5,156 per year. [ 5 ]
With a legacy of more than 100 years, the Better Business Bureau (BBB) is the go-to watchdog for evaluating businesses and charities. The nonprofit organization maintains a massive database of ...
NJM generated zero valid complaints in 2010, [28] 2012, [29] and 2013, [30] according to the New Jersey Department of Banking and Insurance. NJM regularly receives among the lowest complaint ratios of all carriers insuring at least 100,000 vehicles in New Jersey.
Penalty type. First offense. Subsequent offenses. Fines. $300 to $1,000. Up to $5,000. License suspension. Up to one year. Two years. NJ MVC surcharge. $100 for license reinstatement
Jaynee LaVecchia, the State Commissioner of Banking and Insurance, proposed legislation to create a fund to pay the costs of future HMO failures in New Jersey. [2] The company offered a range of health insurance plans for individuals, families, and small businesses, including HMO, PPO, and EPO plans.