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Insurance Industry Sues to Halt Anti-Rescission Rules in CA
HC Pro

California insurance regulators Thursday said they will fight a lawsuit filed this week by a group of 38 insurance companies who seek to invalidate new rules to prevent health policy rescissions.

“These regulations are unnecessary and will impose new costs, inconvenience and privacy intrusions on consumers,” said Richard Wiebe, spokesperson for the Association of California Life and Health Insurance Companies, which filed the lawsuit in Sacramento Superior Court.