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Latest News in Insurance
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July 01, 2026
A Hartford unit prevailed in its bid to force another insurer to split $6.5 million in settlement costs stemming from a gas line explosion at a Maryland apartment complex, after a federal court found the "other insurance" clauses in the excess policies to be mutually repugnant.
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June 30, 2026
AIDS Healthcare Foundation says its nonprofit wellness centers are going to be run out of business if Cigna-owned pharmacy benefit manager Express Scripts isn't stopped from using its muscle in the market to steer pharmacy patients toward specialty pharmacies it's affiliated with.
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June 30, 2026
A Travelers unit and an oilfield services provider must cover an oil and gas exploration company and a drilling contractor's half of a personal injury settlement, a Texas federal court ruled, saying the insurer and its policyholder breached their contractual defense and indemnity obligations under Texas law.
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June 30, 2026
Geico and a class of hundreds of drivers asked a Washington federal court Tuesday to approve a settlement in a dispute over whether the insurer improperly withheld drivers' personal injury protection coverage by asserting they reached "maximum medical improvement."
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June 30, 2026
Costco accused a Chubb unit of wrongfully refusing to defend the big-box retailer in an underlying bodily injury lawsuit, arguing that the carrier owes the retailer a full defense because it was listed as an additional insured vendor under a home decor brand's policy.
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