July 18, 2023
An insurer's dispute with a nursing facility company over a reneged $300,000 policy buyout, necessitated by more than 30 underlying negligence suits, came to an end Tuesday as the parties filed a joint stipulation for dismissal in a New York federal court.
March 31, 2023
A nursing home company facing malpractice litigation reneged on its deal to have its insurer "buy out" a professional liability policy, and now owes the insurer nearly $1 million, the insurer told a New York federal court.