Health Insurance Innovations says Texas Department of Insurance inquiry closed
Health Insurance Innovations disclosed in a regulatory filing last night that on September 15, 2016, the Texas Department of Insurance notified the company that the TDI had initiated an enforcement action to investigate alleged violations of advertising rules and licensing violations. TDI requested certain information, records and explanations from the company. The company fully cooperated with the investigation. On February 8, 2018, the TDI notified the company that it had closed the investigation effective February 2, 2018. The TDI verbally indicated that the inquiry has been coded as an "internal inquiry and review that resulted in a finding of 'no violation' with no disciplinary action taken." The matter is considered resolved without penalty or fine from the TDI.