Guardian Insurance Cancels Policies in Certain States

Guardian Life Insurance, a New York-based insurance company, has begun canceling lines of coverage and specific policies in entire states in order to avoid paying high-cost claims; they are canceling coverage in entire states, such as Colorado, and certain policies in states such as New York, New Jersey and South Carolina because they are barred from discriminating specifically against policyholders that file large claims each month. The company only took aim at the plans whose claims were the highest...

InjuryBoard: Guardian Insurance Cancels Policies in Certain States