States Keep Watch Over Insurers Rate Hikes, Solvency As Overhaul Sets Roots

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Massachusetts officials are imposing stricter oversight on insurers they say are financially unstable after refusing to allow them to increase premium rates, The Boston Globe reports. "State officials said they sent letters to three health insurers earlier this year asking them to accept more intense oversight and supply additional data because of concerns about their financial health. ... Officials said the heightened concern is related to the fragile economy, which caused several major insurers to lose money in 2009...


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