NC Insurance Commissioner Issues Largest Insurance Company Fine Ever in NC

Read here the press release and primary details about the settlement. It's the largest ever fine imposed by the Office of NC Insurance Commissioner and the NC Department of Insurance, and almost double the previous fine of any insurance company here in our state.

Note that the specifics of the settlement are linked within the press release.

Furthermore, in addition to the $3.6 Million fine, the company reports it has already paid restitution and interest, etc., in excess of $19 Million for the matter prompting the action.

Given your past interest and as a courtesy, I provide this update just in case resolution of the BCBSNC matter was overlooked by your online news feed.

All the best,

Wayne Goodwin
NC Insurance Commissioner