Insurance
Insurance Law360 provides breaking news and analysis on insurance law. Coverage includes high-stakes cases against major insurance carriers, brokers, and reinsurers, as well as relevant policy developments and corporate deals.
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Latest News in Insurance
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October 17, 2017
ChinaCast Shareholders Defend Bid To Collect From Insurers
After winning a $66 million judgment against now-bankrupt ChinaCast Education Corp., private equity fund Jayhawk continued fighting Monday for payments from ChinaCast insurers, telling a New York bankruptcy judge its pursuit is not an “asset grab” but the logical outcome of the situation.
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October 17, 2017
PE Firm Was Behind 'Blatant' $100M Fraud, Insurer Says
Insurer Confie Seguros Holding II Co. is urging an Illinois federal court to greenlight its securities fraud suit against the owners of an auto insurance network, brushing aside motions to dismiss and calling the $100 million scheme “so blatant” that Hollywood would reject it as "too outrageous" if it were a movie script.
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October 17, 2017
New NY Rules Crack Down On Title Insurance Abuses
New York’s financial regulator on Tuesday issued final rules that it says will stop kickbacks and other abuses in the title insurance market.
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October 17, 2017
Allstate Says Ex-Agent Is Using Its Data To Steal Business
Allstate sued a former agent in Massachusetts federal court Monday, saying that he has breached a one-year noncompete clause and is using Allstate trade secrets and phone numbers to compete against the insurer.
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October 17, 2017
Bipartisan ACA Deal Would Renew Subsidies, Add Flexibility
The leaders of a key Senate panel have struck a deal intent on restoring cost-sharing reduction payments and offering states more flexibility under the Affordable Care Act’s insurance rules as part of a bid to prop up the individual markets over the next two years.
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