Time Insurance to pay fine after investigation - Winston-Salem Journal: Business News

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Time Insurance to pay fine after investigation

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Posted: Monday, September 23, 2013 6:36 pm

The state Insurance Commission said Monday that Time Insurance Co. will pay a $524,000 fine and agree to take corrective actions to settle an administrative investigation by the N.C. Insurance Department.

The investigation began in late 2011 after the agency received a complaint from a consumer about his dissatisfaction with a health insurance policy he bought by telephone after requesting a quote online.

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