Pittsburgh-based insurer Highmark received a $145,000 fine from the Pennsylvania Insurance Department, according to a release.
The fine was the result of a filing error after a Highmark subsidiary was sold to a third party. The error resulted in companies being overcharged on workers' compensation premiums.
According to the release, the fine was part of a consent order between Pennsylvania and Highmark Casualty, an arm of Highmark that dealt with workers' compensation. Highmark Casualty was sold to West Virginia-based BrickStreet Mutual Insurance in 2016.
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Pittsburgh Business Times
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