This is an ongoing investigation and pending national class action against United American Insurance Company, Farm & Ranch Healthcare, Inc. and Heartland Alliance of America Association.
United American Policy holders were fraudently induced to purchase health policies after being mislead that the policies were the equivalent to major medical coverage. These same policy holders were also told that free memberships into preferred provider organizations and free term life insurance were part of the health policy but in fact these services carried hidden charges.
The pending class action seeks to recover the losses suffered by policyholders resulting from defendants' allegedly deceptive marketing practices, as well as injunctive relief.
Defendant Details
Name (Stock Symbol)
Brief Description
United American Insurance Company
United American Insurance Company provides a range of insurance products and services in the United States.
Farm & Ranch Healthcare, Inc.
Farm & Ranch Healthcare, Inc. sells health insurance.
Heartland Alliance of America Association
Heartland Alliance of America Association is a membership organization that offers members discounts on insurance and other consumer products and services.