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Mississippi orders Salvasen to stop selling unlicensed policies

Posted On: Nov. 1, 2022 9:50 AM CST

The Mississippi Insurance Department issued a cease and desist order to Salvasen Holdings and its parent company Triada Assurance Holdings, LLC for allegedly marketing and selling health insurance without an insurance license, reports. Regulators said Salvasen Holdings allegedly marketed insurance plans falsely and claimed they were major medical policies when they were in fact limited plans.