Insurance

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Latest News in Insurance

  • December 23, 2024

    Ethics Disclosure Fail Sinks Firm's Coverage, NJ Panel Says

    A law firm that failed to reveal an attorney's ethics case when applying for malpractice insurance coverage effectively secured the policy using misrepresentations, the New Jersey state appeals court ruled, declining to revive the firm's suit over the rescission of its policy.

  • December 20, 2024

    Insurer Gets Out Of Ga. Sperm Bank's Bad Seed Claims

    A Georgia federal judge said Allied World Surplus Lines Insurance Co. has no duty to defend a sperm bank that has been sued in Canada and the United States for allegedly selling semen from a donor with genetic abnormalities.

  • December 20, 2024

    Trulieve Wants Quick Win Over Insurer In Wrongful Death Suit

    Trulieve said it's entitled to a default win against one of the two insurance providers it claims are supposed to indemnify it against a cannabis worker's wrongful death suit, saying the provider failed to respond to its litigation.

  • December 20, 2024

    Fla. Labs Appeal $7.3M Conn. Jury Verdict Favoring Cigna

    Three Florida substance abuse testing laboratories filed notice Thursday promising to appeal a $7.3 million loss to Cigna Health and Life Insurance Co. over billings for recurring tests on drug treatment patients the insurer said were not medically necessary.

  • December 20, 2024

    Prudential Freed From 401(k) Mismanagement Suit

    A New Jersey federal judge tossed a class action claiming Prudential bogged down its retirement plan with underperforming funds while also funneling money into a proprietary investing tool that benefited the company over employees, ruling the case lacks proof that mismanagement occurred.

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