Frontline Fabrics sues Chubb unit, banks over alleged $1.4 million fraud
Frontline’s systems, the lawsuit states, reflect six ACH payments released to the TD Bank account between January 13, 2025, and…
Tag: Million
GEICO alleges Florida chiropractors ran $1.37 million PIP billing scheme
The dispute turns on Florida’s Motor Vehicle No‑Fault Law, which requires auto insurers to pay PIP benefits only for services…
SPARTA sues Pennsylvania General over $12.7 million AEIC claims
The 2007 Stock Purchase Agreement attached this 2005 deal as an exhibit and defined it as the “Reinsurance Agreement.” SPARTA…
Insurance industry gala raises $1.6 million for nonprofits
Since 2007, IICF’s Northeast Division has awarded over $14.8 million in grants to more than 350 organizations across the region.…
The Allstate Foundation commits $5 million to address the immediate needs of relationship abuse survivors
Key takeaways: The National Domestic Violence Hotline and FreeFrom will each receive an additional $2.5 million from The Allstate Foundation.…
Allstate blasts Texas clinics, claims $5.2 million auto fraud scheme
The lawsuit, filed in the US District Court for the Northern District of Texas, names Foundation Physicians Group, Inc., Prime Imaging…
CITGO compels insurers to pay $54 million for Venezuela oil cargo loss
CITGO, anticipating potential risks, had secured a marine cargo insurance policy from a syndicate of major reinsurers, including several Lloyd’s…
Hartford and Capital Credit Union clash over $3 million in bankruptcy battle
The dispute centers on two contracts: the General Indemnity Agreement (GIA) and the Intercreditor Collateral Agreement (ICA). The GIA, signed…
Baird sues Chubb over denied $5 million cyber fraud insurance claim
After the loss, AIG paid its $2,500,000.00 policy limit under the Fraudulently-Induced Payment Coverage, acknowledging that Baird’s loss was covered.…
GEICO targets Florida clinics in sweeping $3.5 million RICO lawsuit
Filed in the US District Court for the Middle District of Florida, the lawsuit alleges that Preziosi West/East Orlando Chiropractic…