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Latest News in Insurance
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May 20, 2026
The general contractor for a high-end condo project in Utah has told a federal court its insurer breached its contract when it failed to promptly investigate and adjust more than $1.2 million in claims for property damage caused by water intrusions.
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May 20, 2026
A builder accused of causing significant delays and increased costs during the construction of a custom home in North Carolina is not entitled to coverage, the company's insurer told a federal court, saying the underlying suit did not allege bodily injury or property damage.
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May 19, 2026
PHL Variable Insurance Co. life insurance policyholders on Tuesday accused Connecticut's interim insurance commissioner of bankrolling the struggling insurer's rehabilitation by receiving millions without guaranteeing at least some payout, urging a state appeals court to reverse a trial judge's conclusion that premiums are not "debts."
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May 19, 2026
Cigna can't escape a proposed class action alleging that underperforming investment offerings and misallocated forfeitures in its employee 401(k) plan cost workers millions, after a Pennsylvania federal judge ruled Tuesday that alleged violations of federal benefits law were sufficiently backed up to reach discovery.
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May 19, 2026
Boston University says its insurer is refusing to cover $1.76 million in legal fees for the school's successful defense of a series of pandemic-era class actions, improperly relying on policy exceptions for claims based on "wrongful acts," according to a lawsuit filed Tuesday.
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