The beleaguered federal Affordable Care Act health insurance website, beset by glitches that have prevented thousands from enrolling in insurance plans, has also weathered at least one attempted denial-of-service attack, a U.S. Department of Homeland Security official told a House panel Wednesday.
A reinsurance industry executive who testified at a Wednesday hearing urged Congress to tinker with the federal backstop for federal insurance so the private sector could gradually shoulder more responsibility for conventional terrorism risks, while others argued the soon-to-expire program should be left as is.
A Nomura Capital & Credit Inc. attorney told a New York state judge Wednesday that investors who bought $1.7 billion in mortgage-backed securities from the Japanese bank could only sue it for individual loan repurchase, and that a monoline insurer who backed another $1.2 billion worth couldn't sue.
State National Insurance Co. Inc. filed suit Tuesday to avoid covering a California construction company’s defense in a $25 million wrongful death lawsuit brought by the family of a day laborer who was buried alive in a worksite accident.
The governors of both Florida and Alabama on Monday backed Mississippi in its suit against the U.S. government over rate hikes on policies backed by the National Flood Insurance Program, saying the move could wreck the recovering housing markets in both states.
The Internal Revenue Service should expect to deal with serious issues surrounding taxpayer data security, Affordable Care Act compliance and severe manpower shortages due to expected IRS executive retirements, according to an IRS watchdog report released Tuesday.
A string of recent court rulings could seriously hobble class actions accusing insurers of stiffing customers on employer-provided health benefits, as judges increasingly block lawsuits against companies that make coverage decisions unless they’re officially in charge of plan administration.
New York Properties Insurance Underwriting Association has been hit with a lawsuit in New York state court by more than 100 property owners alleging breach of contract for the company's failure to cover damage caused by Superstorm Sandy.
The Internal Revenue Service on Wednesday will hand a victory to mental health awareness advocates when it publishes rules on the treatment of mental health care under the Affordable Care Act.
State insurance commissioners on Friday asked for input on whether they should consider setting guidelines for handling unclaimed death benefits, heeding calls for uniformity from insurers that have paid steep sums to settle with regulators over their use of the Social Security Administration's Death Master File database.
A unit of Italian insurer Assicurazioni Generali SpA has agreed to a €109 million ($146.4 million) deal with an Allianz SE subsidiary to purchase Allianz’s minority stake in the ongoing Milan CityLife real estate development project, giving it full ownership, the companies announced Tuesday.
French insurance group AXA said Monday it will acquire 51 percent of Colombian insurer Colpatria Seguros for 672 billion Colombian pesos ($349 million), marking the company's entry into the rapidly growing Colombian market.
The Seventh Circuit on Friday found that two separate for-profit companies and their owners can invoke the Religious Freedom Restoration Act to protect them from having to pay for health insurance that provides employees with access to contraception.
A New York judge has ruled that Colgate-Palmolive Co. can proceed with its countersuit seeking insurer OneBeacon America Insurance Co.'s coverage of legal fees that Colgate had paid to Quinn Emanuel Urquhart & Sullivan LLP, which defended the company against asbestos lawsuits.
An Illinois federal judge issued a pair of provider-friendly decisions Thursday in litigation from chiropractors accusing Blue Cross Blue Shield Association health plans of clawing back payments in violation of the Employee Retirement Income Security Act, ruling the plaintiffs were denied ERISA beneficiary rights.
A New Jersey federal judge on Thursday refused to dismiss claims in a putative class action against Geico General Insurance Co. that it failed to inform customers of available uninsured or underinsured coverage, saying the allegations precluded immunity under state law.
A security breach at Minnesota's health insurance marketplace that exposed the personal information of 1,500 insurance agents was not the result of malicious intent, but it could have been prevented by more thoughtful security protocols, the state's legislative auditor said in a report Thursday.
An American International Group Inc. subsidiary on Thursday secured the dismissal of a class action brought by a New York couple who accused the insurer of wrongfully going after a third party before fully compensating them for damage caused by a faulty water cooler.
A Court of Federal Claims judge on Friday knocked out one affirmative defense asserted by the government in Starr International Co. Inc.’s $55.5 billion suit over the American International Group Inc. bailout, but allowed the remaining six to stand.
Eli Lilly & Co. is demanding that a large group of insurers cover tort claims brought by the Brazilian government and individuals who say they were harmed by contamination at the former site of an Eli Lilly plant, a coverage fight Liberty Mutual Insurance Co. took to Indiana federal court on Wednesday.