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February 19, 2026
Manhattan federal prosecutors on Thursday rested their case against a former Morgan Stanley investment adviser who's accused of defrauding NBA players out of millions of dollars by secretly profiting off their insurance investments and diverting client funds for his own use.
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February 18, 2026
The Washington State Senate unanimously passed a bill on Tuesday that would broaden the definition of insurance fraud and elevate the offense to a Class B felony, while also expanding the Office of the Insurance Commissioner's ability to go after perpetrators for related crimes.
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February 17, 2026
Delaware's highest court has revived a bid by a group of insurers to recover expenses incurred for clients of Blackbaud Inc. following a major ransomware attack on the software developer's systems, saying the insurers adequately alleged that Blackbaud breached agreements to protect the clients' sensitive data.
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February 17, 2026
Globe Life Inc. and a subsidiary have agreed to pay up to $4.66 million to resolve a proposed class action alleging the life insurance companies failed to protect the private information of policyholders and applicants from an October 2024 data breach, according to a filing in Texas federal court.
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February 17, 2026
A Chicago plumbers union healthcare fund told an Illinois federal court Tuesday that the nation's largest pharmacy benefit manager, Express Scripts, violated federal criminal law when it used a Switzerland-based company to hide kickbacks it generated by charging drug companies fees for key placement on prescription plan drug lists.
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February 17, 2026
A South Dakota hotel and its owner are pressuring defense counsel provided by an insurance carrier in an underlying racial discrimination lawsuit to submit filings relying on artificial intelligence that could potentially violate legal ethics rules, the insurer alleged in Nebraska federal court Tuesday.
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February 12, 2026
A Michigan federal judge awarded $626,777.80 in attorney fees and costs to class counsel who secured expanded pension and healthcare benefits for retired Pontiac city employees, trimming $100,000 from the request for unsupported billing entries.
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February 11, 2026
The South Carolina Supreme Court on Wednesday closely inspected Alex Murdaugh's appeal claiming the jury in his high-profile double-murder trial was biased because of comments made by a clerk of court, voicing questions and statements favorable to the disgraced lawyer's arguments.
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February 11, 2026
A former New York Knicks shooting guard on Wednesday testified that he didn't know his former Morgan Stanley adviser had a stake in the player's $2.1 million life insurance investment and would have passed on the deal had he known, echoing testimony from two other NBA veterans.
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February 11, 2026
UnitedHealthcare Insurance Co. must pay a lawyer $88,060 after a North Carolina federal court ruled that the insurer abused its discretion in denying her coverage for six surgeries to treat her lipedema.
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February 10, 2026
An insurance broker renewed challenges to a $6.6 million civil fraud tax penalty over its captive deductions by arguing that the assessment required a jury trial, telling a Pennsylvania federal court that recent rulings, including in the Fifth Circuit, have reinvigorated requests the court previously denied.
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February 10, 2026
A Utah-based healthcare cost-sharing nonprofit operates as and must register as an insurer under Washington state law, a state appeals panel ruled, upholding a $50,000 fine from the state's insurance commissioner that found the nonprofit ran afoul of Washington insurance law.
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February 10, 2026
A group of insurance companies that say convicted billionaire Greg Lindberg is responsible for their "financial ruin" are fighting to keep in place a $122 million contempt order against him, telling North Carolina's highest court there's no compelling reason to review the decision.
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February 09, 2026
Counsel for an ex-Morgan Stanley investment adviser accused of defrauding pro athletes out of millions of dollars leaned hard on former NBA player Chandler Parsons in cross-examination after he testified against his onetime friend and go-to money man as the defense sought to discredit one of the government's key witnesses.
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February 09, 2026
Debt collector Afni Inc. has been accused of trying to dupe people into paying "unadjudicated" damage demands by sending auto crash claim letters disguised as collection notices, according to a proposed class action that the Illinois-based company removed to Seattle federal court on Friday.
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February 09, 2026
Lloyd's of London underwriters have resolved their feud with a New Jersey man after initially refusing to pay their share of a $5 million settlement the man obtained from the city of Trenton after he was arrested and unlawfully thrown in jail for the better part of a year.
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February 05, 2026
A Liberty Mutual unit breached a stop-loss insurance policy by denying Yale University's health system $4.1 million in coverage for a plan member's bone marrow transplant, the system told a Connecticut federal court.
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February 04, 2026
A former Houston Rockets player on Wednesday testified that he and his former Morgan Stanley investment adviser were the best of friends before he learned of what prosecutors say was a scheme to bilk NBA clients for millions of dollars, and taunted his former financial guru in anger after learning of his arrest.
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February 04, 2026
A Virginia federal judge Wednesday refused to reconsider an order reversing course and throwing out key claims in CareFirst's suit against Johnson & Johnson over the immunosuppressive drug Stelara, calling CareFirst's arguments for doing so "either careless or disingenuous."
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February 02, 2026
Portland Trail Blazers star Jrue Holiday on Monday told a Manhattan federal jury that he didn't know that his former Morgan Stanley financial adviser was also on the other side of the NBA star's investment in a $10 million life insurance deal, saying it would have been a dealbreaker if he had known.
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February 02, 2026
A property owner urged a Michigan federal court to allow its proposed class action over the constitutionality of the state's Fire Insurance Withholding Program to go forward, saying the state attorney general's bid to dismiss the suit is untimely and improper as an intervening party.
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January 29, 2026
A Manhattan federal prosecutor Thursday told jurors that a former Morgan Stanley adviser defrauded three NBA players out of millions of dollars through investments in wildly marked up life insurance policies, while defense counsel said the case was built on lies by a former client.
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January 28, 2026
An insurer accused a law firm and a collection of medical providers and professionals of engaging in a scheme to defraud insurers through sham lawsuits and inflated medical bills, telling a New York federal court that the defendants have enriched themselves "at the expense of justice, equity and human dignity."
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January 23, 2026
The Georgia state appeals court has reversed a medical malpractice trial win for an OB/GYN, finding the trial court was wrong in not dismissing a potential juror who worked as an attorney for the doctor's medical insurer for cause, a ruling that led the former patient to use a peremptory strike to remove the lawyer from the panel.
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January 21, 2026
A Hartford unit has reached a tentative deal with Costco to end claims that the insurer wrongfully refused defense coverage for a lawsuit by a customer allegedly hurt while trying to move a grill box at a California store, according to a Wednesday filing in Seattle federal court.