Gerber Life Insurance Co. to pay $1.1M for claims violations

Getting your Trinity Audio player ready… A life insurance company has agreed to a $1.1 million penalty after North Carolina regulators found claims processing violations and delays, according to state Insurance Commissioner Mike Causey. Gerber Life Insurance Co., which the Department of Insurance says entered a voluntary settlement agreement, also is paying $2.5 million in … Continue reading Gerber Life Insurance Co. to pay $1.1M for claims violations