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Latest News in Insurance
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May 06, 2026
Beleaguered insurance mogul Greg Lindberg asked a North Carolina federal court to reject a special master's report recommending he pay $1.6 billion in restitution to companies he's accused of defrauding, arguing he should instead pay zilch.
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May 06, 2026
Two siblings asked a Florida federal court Wednesday to lift an asset freeze in the Federal Trade Commission's lawsuit alleging they sold $91 million of fake health benefits on the Affordable Care Act exchange, arguing they need money to pay their attorneys.
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May 06, 2026
Connecticut Healthcare Insurance Company, a Cayman Islands insurance company indirectly owned by Prospect Medical Holdings, has filed a Chapter 15 petition in Texas bankruptcy court seeking recognition of its Cayman winding-up proceedings that involve a $26 million payment to Prospect.
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May 06, 2026
An AIG unit fought against a new trial this week in a dispute over the claims process for damage from Hurricane Irma to a $95 million oceanfront mansion, arguing that the homeowners failed to prove compensable damages at trial and waived their right to a new trial.
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May 06, 2026
A North Carolina state appeals court on Wednesday affirmed the state Department of Insurance's revocation of the license of a motor vehicle damage appraiser, finding he violated ethical standards by disparaging other appraisers.
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