CID Recovered $6 Million in 2010

The Connecticut Insurance Department (CID) said it collected $6 million in fines and recoveries from insurers in 2010, based on consumer complaints and market conduct examinations.Acting Insurance Commissioner Barbara Spear said examiners in the Department’s Consumer Affairs Division helped consumers recover about $3.4 million. The Market Conduct Division, which examines the equitable treatment of policyholders and claimants, collected $2.35 million in fines, remitting that sum to the General Fund.She said accident and health policies accounted for $1.62 million of the recoveries, follow...