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1 through 20 of 47 matching documents, best matches first.   Sort by date

Cigna Seeks Dismissal of Algorithm-Based Lawsuit
Cigna Health and Life Insurance Co. and Cigna Health Management Inc. The plaintiffs are seeking damages and a declaratory judgment and a permanent injunction against Cigna using ...
Source: BestWire   Date: March 22, 2024
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Former Georgia Commissioner Admits to Healthcare Fraud
Oxendine conspired with Dr. Jeffrey Gallups and others to submit fraudulent insurance claims for medically unnecessary pharmacogenetic, molecular genetic, and toxicology testing. ...
Source: BestWire   Date: March 22, 2024
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Citing Taylor Swift, Court Shreds Metallica's Hope for Recovering COVID Losses
Frantic expressly stated that COVID-19 was the reason for their orders. "Further, to paraphrase Taylor Swift: 'We were there. We remember it all too well'." The appeals court also ...
Source: BestWire   Date: March 21, 2024
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Dozens of Former Commissioners, Regulators Boost Pending Labor Rule
A group of more than three dozen former insurance commissioners and regulators have signed on to a letter supporting the Biden administration's effort to repeal a 2018 rule easing ...
Source: BestWire   Date: March 20, 2024
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Citizens CEO: We Will Be Able to Pay Claims; Don't Cause Panic
Citizens Property Insurance Corp. always will be able to pay claims and is neither insolvent nor poised to seek a federal bailout, the chief executive of Florida's property insurer ...
Source: BestWire   Date: March 20, 2024
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Virginia Bill Would Likely Drive Up Auto Rates, Insurers Warn
Association said the bill, if signed by Gov. Glenn Youngkin, would lead to higher insurance premiums and increased litigation. In a Milliman Inc. study commissioned by the APCIA, ...
Source: BestWire   Date: March 20, 2024
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Indiana Third-Party Litigation Funding Bill Bars Foreign Adversary Intervention
Indiana Gov. Eric Holcomb has signed a third-party litigation financing bill that is designed to block the involvement of potential foreign adversaries in the court system. Holcomb ...
Source: BestWire   Date: March 19, 2024
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AIG Unit to Pay $13.9M Settlement on Overcharging Allegations
Insurance Law Section 3240. Once notified, National Union failed to take adequate remedial action, it said, resulting in the groups paying excessive insurance premiums for coverage ...
Source: BestWire   Date: March 19, 2024
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Bankruptcy Court OKs $87.5 Million Camden Abuse Settlement
Roman Catholic Diocese of Camden. The diocese has been working through details of the settlement following its filing for bankruptcy in 2020, with insurers objecting over terms ...
Source: BestWire   Date: March 19, 2024
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Bankrupt Lehman Unit Loses Appeal for $485 Million Claw Back
A New York appellate court has upheld a ruling that an Assured Guaranty Ltd. unit is not obligated to repay an arm of the bankrupt Lehman Brothers bank $485 million in securities ...
Source: BestWire   Date: March 18, 2024
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NAIC Names Massachusetts Commissioner as CEO
Insurance Commissioner Gary D. Anderson as the organization's chief executive officer. Anderson, who became commissioner in 2017, will take his new position by May 1, after ...
Source: BestWire   Date: March 18, 2024
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Colorado Bill Calls for Study of Property Insurance Marketplace
Speaker Julie McCluskie. "We need to look into ways to create more affordable, reliable property insurance for our neighbors living in rural and mountain communities. This ...
Source: BestWire   Date: March 12, 2024
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Louisiana Gov. Landry Promises Swift Action on Insurance Crisis
Louisiana and promised quick action to attract carriers back to the state. "We are experiencing an insurance crisis as a result years of back-to-back hurricanes, which have ...
Source: BestWire   Date: March 12, 2024
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Appeals Court Reverses COVID Class-Action Bid Against State Farm
State Farm Mutual Automobile Insurance Co. and State Farm Fire and Casualty Co. should have been granted a dismissal of a putative class action filed by Elegant Massage LLC for ...
Source: BestWire   Date: March 12, 2024
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Tentative Decision Backs CDI in Applied Underwriters Rehab Battle
Applied Underwriters subsidiary California Insurance Co. under the regulatory control of the California Department of Insurance. Applied Underwriters for years has been seeking to ...
Source: BestWire   Date: March 12, 2024
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Florida Trade Group Relieved Legislative Session Ends With Recent Insurance Reforms Still in Place
...With the passage last year of H.B. 837 and the passage of S.B. 2A in late 2022, the legislature took dramatic steps to rein in spiraling insurance costs," he said. "It will take ...
Source: BestWire   Date: March 11, 2024
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NAIC Data Call To Headline Agenda at Spring National Meeting
March 15 in Phoenix recently got a likely change in plans. The NAIC and the Federal Insurance Office announced March 7 that FIO would drop its plans to hold a data call on how ...
Source: BestWire   Date: March 8, 2024
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FIO Drops Data Call Plan, Will Work With NAIC on Single Call
Association of Mutual Insurance Companies. "It duly recognizes that state regulators - the functional regulators of insurance - should lead any data collection efforts from ...
Source: BestWire   Date: March 8, 2024
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Insurance Jobs Up 4,200 in February as Growth Continues
Joe Biden, coming off his State Of The Union address on March 7. "Three years ago, I inherited an economy on the brink. Now, our economy is the envy of the world," he said, citing ...
Source: BestWire   Date: March 8, 2024
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Mississippi Governor Lets Prior Authorization Bill Become Law
Plans was not immediately successful. (By Timothy Darragh, senior associate editor, BestWire: Timothy.Darragh@ambest.com)
Source: BestWire   Date: March 7, 2024
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