Wash. fines insurance company Aetna $1 million

OLYMPIA — Aetna Life Insurance Co. has agreed to pay a $1 million fine for violations in Washington state.

The Washington state Office of the Insurance Commissioner said Thursday that Aetna’s violations included issuing unapproved insurance policies and failing to file legally required documents. The office says the Connecticut-based company has agreed to pay the fine.

Aetna said in a statement that it sometimes makes mistakes. The company says it self-reported information to Washington state regulators and proposed a corrective action plan more than a year ago. Aetna says it is disappointed by the size of the fine given the company’s self-reporting and cooperation.

More in Herald Business Journal

How Airbus’s A380 deal with Emirates evaporated in Dubai

It came down to concern by Emirates that Airbus might shut down the jumbo program.

Richard Branson’s 747 to launch satellites for the Pentagon

Virgin Orbit’s LauncherOne rocket would be “air launched” from a 747-400 it calls “Cosmic Girl.”

Equipment rental and sales business H&E opens Mukilteo shop

Company hopes to capitalize on construction occuring in northwest Washington.

New Chick-fil-A draws dozens of campers in Bothell

A second restaurant of the popular chain is opening on Thursday.

Tulalip Resort Casino to feature locally grown hazelnuts

The resort wanted to put a focus on meals created with the nut.

Alderwood Water general manager named president of state association

Alderwood Water & Wastewater District General Manager Jeff Clarke has been installed… Continue reading

Boeing earns top marks for LGBTQ workplace policies

Boeing was one of 609 businesses nationwide to earn a 100-point score… Continue reading

Comcast in Lynnwood honored for recruiting veterans to workplace

Comcast Service Center in Lynnwood has been honored by the state Employment… Continue reading

Sedro Wooley’s Janicki Industries noted for hiring veterans

Janicki Industries, a high-precision parts and tooling company in Sedro Wooley, was… Continue reading

Most Read