Insurance Reform News

Special Right Allows Insurance Industry to Rig Markets and Hurt Consumers

June 29 The Senate Judiciary Committee took a step toward badly needed insurance reform Tuesday by conducting a hearing on a proposal that would deprive the industry of its ill-considered anti-trust exemption. Read the release

Insurance Industry Called to Account for Malfeasance

June 28 Legislation adopted by the U.S. House of Representatives on Tuesday requires the Department of Homeland Security to investigate widespread and well-founded reports that the insurance industry has improperly denied claims filed by victims of Hurricane Katrina. Read the release

Mississippi Attorney General Sues Insurers

September 15 Today the State of Mississippi sued five insurance companies, alleging that insurance adjusters have tried to trick hurricane victims out of millions of dollars in claims.

“Strong steps to protect hurricane victims from insurance industry fraud and abuse must be part of any presidential relief plan,” said Ken Suggs, President of the American Association for Justice. Read the full press release.

Hurricane Aftermath Press Kit

Background

Limiting the legal rights of ordinary citizens and injured patients will do nothing to lower insurance rates or get insurance companies to behave ethically. In fact, recent new studies show that medical malpractice insurers have been price-gouging doctors, leading state attorneys general to call for an investigation.

Newsletter: Study Prompts Calls for Insurance Oversight (Jul 12)

Insurance Industry Admits Caps Won’t Lower Rates (Jan 1)

AAJ Ad: "The Cat's Out of the Bag"

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