A settlement has been reached and is pending approval in the class action lawsuit filed over the company's health insurance policies in Florida. The suit alleged that the company violated Florida law in 1998 when the firm discontinued writing certain health insurance policies and began offering new policies. The suit claimed that the company had wrongfully terminated coverage, improperly notified insureds of conversion rights and charged improper premiums for new coverage. (Sep-20-04)
[BUSINESS JOURNAL]
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