Insurer Counterclaims In Administrator’s Suit Over Fee Calculation, Payment

Mealey's (November 15, 2022, 10:38 AM EST) -- LOS ANGELES — Answering a complaint by an administrative service provider that allegedly mistakenly underpaid itself by approximately $40 million, an insurer on Nov. 14 counterclaimed in California federal court for breach of contract and breach of fiduciary duty and argued in part that the provider is obligated to indemnify the insurer....