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Latest News in Insurance
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October 14, 2026
Several class actions alleging consumers were injured by defective handles on Igloo roller coolers triggered an insurer's duty to defend the company, an Illinois federal judge said Wednesday, denying most of the insurer's bid to toss the breach of contract claims against it.
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October 14, 2026
LG Electronics USA Inc. doesn't owe an insurer for coverage it paid to a pair of homeowners after the cooktop burner on their LG electric range allegedly caused a fire, LG said in an answer to an insurer complaint removed to North Carolina federal court.
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October 14, 2026
A Florida federal judge sentenced a former healthcare executive Wednesday to 19 years in prison for running a $450 million scheme to swindle Medicare by using software that created false prescriptions for orthotic braces.
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October 14, 2026
A Michigan federal judge said an aftermarket auto parts seller cannot seek coverage for expenses associated with inventory damaged by a rainwater leak because one of the company's policies bars coverage for items covered by another insurer.
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October 14, 2026
Rules proposed Wednesday by the Internal Revenue Service would bar many immigrants from claiming the refundable tax credit for health insurance purchased through an exchange and impose new verification requirements for advance payments.
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