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Health Insurance Innovations reaches settlement with Wash. regulator

Health Insurance Innovations Inc. has signed an agreement with Washington's insurance commissioner to settle an investigation into the company, and will pay the state $1.5 million.

Washington was not one of the 40 states that participated in a multistate regulatory settlement agreement that became final in February 2019. It instead started a separate investigation based largely on the subject of the multistate examination.

Health Insurance Innovations stopped conducting business in Washington in April 2019.

The settlement was concluded on Dec. 31, 2019.