Conseco policyholders affected by the drastic Cost of Insurance ("COI") increases made by Conseco in 2011 may receive some relief in June 2013. A class action suit was filed against Conseco and a settlement has been reached. Policyholders affected by the COI change should be receiving (or have received) a "Notice of Proposed Settlement and Fairness Hearing" outlining their rights under the settlement.
The Texas Supreme Court threw employers a curve ball last Summer with the In Re XL Specialty Insurance Co. and Cambridge Integrated Services Group Inc. case. The case held that communications between an employer and a third party attorney for a workers compensation carrier were not privileged from discovery.
In January, we questioned whether the ACA would force insurance carriers to eliminate their "participation rate" requirements. These are rules that carriers have put in place to guard against adverse selection (i.e., what happens when only the sick people sign up for the health insurance).