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Latest News in Insurance
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October 27, 2026
Risk management firm Milliman Inc. is set to pay $15.5 million to resolve a consumer class action accusing the company of peddling flawed information to life insurance companies, according to a proposed settlement that the plaintiffs filed for preliminary court approval in Washington federal court on Monday.
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October 27, 2026
Insurance giant CVS Health sued the Trump administration in Georgia federal court Monday, alleging that federal quality ratings for its Medicare Advantage contracts were calculated using methods a judge rejected last year and will cost the company more than $2 billion in bonus payments and rebates in 2028.
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October 27, 2026
A Montana federal court Tuesday stayed a ski resort owner's suit seeking coverage for a claim made by the estate of a man who died after falling from a chairlift, saying the owner's pending motions to dismiss and transfer the insurer's first-filed suit in California federal court must be resolved.
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October 27, 2026
Insurance software provider Guidewire said Tuesday it has agreed to buy artificial intelligence platform Hyperexponential for up to $2.1 billion, a move it hopes will help it to provide agentic underwriting.
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October 27, 2026
Covered entities should take a fresh look at the compliance gaps flagged in recent New York State Department of Financial Services guidance on "deficient cybersecurity programs," particularly around scope, asset inventories and documentation, say attorneys at Mayer Brown.
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