On Oct. 31, the state’s insurance department issued a cease and desist against the Houston-based company, barring it from collecting and receiving any premiums or conducting any business in the state. The policy will remain in place pending a final decision from the insurance commissioner.
Michigan, Texas, Wisconsin, Minnesota and Nevada have all taken actions against Salvasen this year.
In July, Michigan accused the company of selling more than 2,000 health insurance policies in the state without a license and failing to pay claims on time.
In April, Texas ordered the company to end all business operations in the state and banned it from applying for a license for 10 years. Salvasen has marketed health insurance products across the country and sold about 65,000 unauthorized health plans, according to the Texas Department of Insurance.
