January 18, 2016
Maine insurance regulators recover $1.5M for residents
The Maine Bureau of Insurance recovered nearly $1.5 million for Maine residents in 2015 after receiving more than 6,400 inquiries and investigating 800 complaints.
According to a press release by the Maine State Department of Professional & Financial Regulations, the Property and Casualty Division, which assists consumers with questions involving auto and homeowners insurance, handled 3,209 inquiries and 274 written complaints.
The Consumer Health Care Division, which assists with questions involving health-related insurance products that include individual and small group health, life, long-term care, Medicare supplements and annuities, received 3,205 inquiries and 534 written complaints.
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