Executive Risk Indemnity, Inc. et al v. Health Care Service Corporation
Case Number:
1:22-cv-05456
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October 17, 2023
Health Insurance Co., Insurers Settle $36M Coverage Dispute
Insurance giant Health Care Service Corp. and its insurers told an Illinois federal court they settled a dispute over coverage of $36 million in legal costs the company incurred after certain HCSC executives were accused in a since-settled suit of failing to return profits to HCSC members.
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May 18, 2023
Insurers, Health Care Co. Seek More Time For Settlement Talks
An Illinois federal judge granted a 60-day stay to three insurers and Health Care Service Corp. Thursday, giving the parties more time to settle a coverage dispute over legal costs HCSC incurred after several of its executives were accused of pocketing profits in an underlying suit that's been settled.
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October 06, 2022
$36M In Legal Fees Not Covered, Insurers Say
Three insurers told an Illinois federal court they have no duty to cover over $36 million in legal costs incurred by health insurance giant Health Care Service Corp., after certain HCSC executives were accused in a since-settled suit of failing to return profits back to HCSC members.