Which companies can take your money?
An insurance company that takes your money can still get sued if you think it’s been stolen.
The California Insurance Division filed a lawsuit Friday against an insurance company in the city of Riverside that took $1.2 million from its account.
The insurer sued in April, claiming the bank’s claims department failed to make timely payments to its customers, including some with catastrophic medical claims.
The bank has denied the claim.
The insurance company said it’s reviewing the lawsuit and that it plans to file a complaint with the U.S. Department of Justice.
“The bank’s actions violated our policy and the state of California’s tort law, which require that any bank that makes a payment be treated as a party to the action and be required to reimburse customers for any damages incurred by the bank,” the bank said in a statement Friday.
“This case is about who pays and who doesn’t, and we will be pursuing the matter vigorously.”
The bank declined to comment further.
The Riverside Insurance Agency, which represents the bank, said in its statement that the bank has been paid more than $1 million.
The agency also said the bank “has not been subject to any other claims or actions.”
The Riverside insurance agency said it is looking into the matter.
A spokeswoman for the Riverside Insurance Department said the agency has received the lawsuit but would not comment further on the matter until the bank is paid.
The lawsuit was filed in a Riverside Superior Court.