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Tampa companies face suit alleging fraud

June 13, 2019 - Two law firms have filed a class action complaint against Health Insurance Innovations Inc. and its subsidiary, Health Plan Intermediaries Holdings LLC. The lawsuit alleges the firms defrauded customers out of millions of dollars by misrepresenting the benefits of their insurance policies, according to Law.com. Their complaints underscore problems with some types of cheaper health insurance alternatives that were expanded under the Trump administration, the New York Times reported. Health Insurance Innovations (Nasadaq: HIIQ), based in Tampa, is among the larger publicly traded companies in the Tampa Bay area.

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