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Nasdaq 2,931.39 +0.95%
Dow 12,874.00 +0.57%
S&P 500 1,351.77 +0.68%
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UnitedHealth Faces $9.9 Billion in California Fines Over Claims Payments

UnitedHealth Group Inc.’s PacifiCare unit faces as much as $9.9 billion in fines in California over allegations in a state insurance department enforcement action that it failed to pay claims properly.

To contact the reporter on this story: Edvard Pettersson in Los Angeles at epettersson@bloomberg.net

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