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Latest News in Insurance
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November 09, 2026
A former chief financial officer of Vesttoo has urged the Delaware bankruptcy court to let the insolvent Israeli fintech's insurance carriers cover more than $1.5 million in legal fees stemming from fraud-related investigations and proceedings in multiple countries, arguing the debtor's U.S. bankruptcy protection should not prevent him from accessing the insurance funds.
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November 09, 2026
A pediatric specialty practice group must pay Equitable Financial Life Insurance Co. upwards of $750,000 it received as an overpayment after the group surrendered its policies, an Illinois federal judge ruled Monday, finding the provider breached its contract by failing to surrender the funds.
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November 09, 2026
A Chicago law firm accused of failing to spot an email fraud scheme that diverted settlement funds intended to resolve an abuse suit against a church asked an Illinois state court to toss an insurer's suit, saying the carrier failed to establish that it is subrogated to the church's rights.
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November 09, 2026
Geico is facing a proposed class action in Washington state court alleging that its confidentiality agreement unlawfully prevents employees in the state from discussing their wages and potentially illegal conduct at work.
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November 09, 2026
The Second Circuit has upheld a $19.5 million judgment for Scholastic Inc. following a fight with a Travelers unit over whether the insurer had to cover Scholastic's litigation expenses in a separate copyright and trademark infringement case.
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