CID: Consumer Alert (11/09/2017) - Insurance Commissioner Warns of Insurance Solicitation by NY-based entity


Consumer Alert
{Connecticut State Seal}
 

Connecticut Insurance Department
Katharine L. Wade, Commissioner
153 Market Street
Hartford, CT 06103
 


November 9, 2017


Insurance Commissioner Alerts Health Insurance Brokers & Consumers
Of Solicitation of Insurance by NY-based Entity

Connecticut Insurance Commissioner Katharine L. Wade is advising health insurance brokers and consumers that the Department received inquiries and complaints about the following entity soliciting and likely selling health insurance in Connecticut:

Employers Network Association, Inc. (ENA)
20 Madison Avenue, Valhalla, NY 10595


“Our records indicate this company has not obtained the proper license to market insurance products in Connecticut and may be operating illegally. Additionally, it is under a cease-and-desist order from the U.S. Department of Labor for alleged violations of laws relating to employer health plans,” Commissioner Wade said. “It is important that brokers who may be solicited by this company to sell insurance on its behalf be aware of the situation. The Department is investigating and we urge brokers and consumers with information, questions or concerns to contact the Department.”

Marketing insurance products without the proper license can lead to penalties and sanctions under pertinent state laws. Additionally, under Sec. 38a-275 of the Connecticut General Statutes, any person who assists, even indirectly, an unauthorized entity in the sale of insurance products can be held liable for the full amount of any claim or loss owed to a policyholder.

For further assistance with this or any insurance issue, visit the Connecticut Insurance Department at www.ct.gov/cid or call, 800-203-3447 or email at: insurance@ct.gov


Connecticut Insurance Department
153 Market Street
Hartford, CT 06103
(860) 297-3800




Content Last Modified on 11/9/2017 1:52:59 PM