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Latest News in Insurance
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August 27, 2026
A Louisiana town is pressing the U.S. Supreme Court to pass on reviewing a Fifth Circuit decision nixing an arbitration order in a dispute with its insurers over coverage for hurricane damage, calling the case "mundane" and not worthy of the high court's attention.
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August 27, 2026
An insurance services company caused a Milford, Connecticut, bank to lose insurance coverage for a data breach that affected nearly 12,000 of its customers by failing to timely report it, the bank says in a Wednesday complaint in Connecticut federal court.
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August 27, 2026
A former employee of the insurance brokerage giant USI told a Connecticut federal judge that the restrictive covenants he entered are unenforceable and he cannot be held liable for allegedly violating them when clients followed him to a rival firm.
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August 27, 2026
University of Michigan Hospitals and Health Centers urged a Michigan federal judge Wednesday to preserve its suit claiming that CVS Health Corp. diverted millions of dollars earmarked for indigent healthcare to itself, saying the conduct clearly amounts to a racketeering scheme.
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August 27, 2026
Chicagoland grocery chain owners' in-house insurance arrangement is a valid insurance transaction "and should be respected as such," they told the Seventh Circuit, saying their business should be allowed to claim microcaptive tax benefits to reduce its taxable income.
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