Department investigation leads to settlement with app-based auto insurance seller Go Maps and insurer Topa for mishandling claims
The California Department of Insurance today announced two settlement agreements with Go Maps, Inc. (Go Maps) and its insurance underwriter, Topa...
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Vesttoo: The “Madoff of insurance”, trading forward a “wasteful pursuit”
The Official Committee of Unsecured Creditors in the Vesttoo bankruptcy case objects strongly to the insurtech’s plans to attempt to trade...
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Jury convicts telemarketing company Owner/CEO and another executive of federal fraud charges for health insurance policy scheme
Following a two-week trial, members of a jury in southern Illinois returned guilty verdicts on multiple federal fraud charges against the...
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FTC wins $195M judgment against Simple Health over its ‘sham’ insurance
The Federal Trade Commission has secured a $195 million judgement against Florida-based insurer Simple Health following allegations that it sold “sham”...
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Axis Insurance loss poses rare question about director fraud
A clash between a payment technology company and an AXIS Capital Holdings Ltd. insurance unit over legal defense payments is teed up for...
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Aon given more time to respond to Clear Blue lawsuit over Vesttoo LOCs
Insurance and reinsurance broking giant Aon has been given an extended time-frame to respond to the complaint filed against it in...
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Framingham Construction Company to pay nearly $1M for subcontractor’s failure to pay prevailing wages to employees
Attorney General Andrea Joy Campbell has announced the issuance of a judgment in the Commonwealth’s litigation against Framingham-based BPI Construction Management, Inc....
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Tampa woman still without home after Hurricane Ian suing her insurance company
It’s what practically every homeowner across the Tampa Bay area is facing right now – home insurance premiums continuing to rise. Insurance companies...
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Regulators open probes, Warren Buffett dumps stock as claims of abuse and fraud mount against a top Globe Life agency
In the months since Insider published an investigation into alleged sexual assault, drug use, and customer abuses at a major insurance agency based...
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Allstate agrees to $90M settlement with shareholders over fraud allegations
Pending approval from an Illinois District Court, a $90 million settlement has been reached between Allstate and a class of shareholders...
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