Sun Life completes $350 million acquisition of Bell Partners
A long-established multifamily platform Founded in 1976, Bell Partners has approximately $10 billion of gross asset value under management and…
Tag: Million
Seventh Circuit backs Hartford in $4 million fraud dispute
OSD held a Financial Institution Bond for Insurance Companies from Hartford. Two riders were at issue: one covering computer systems…
The $906 million wound care fraud the federal government caught
Commercial plans were explicitly in scope This is not a Medicare-only problem. The Apex Medical case – in which Alexandra…
GEICO sues Queens pharmacy over alleged $1.2 million no-fault scheme
For claims teams, the alleged playbook is the story. GEICO says the pharmacy zeroed in on a few pricey topical…
Hawai’i moves to free $200 million in stranded wildfire insurance money
A bill that cleared the Hawaii Legislature, S.B. 2930 (introduced by Senators Angus McKelvey, Stanley Chang, and Troy Hashimoto), would…
GEICO chases Florida chiropractor over alleged $1.25 million PIP scheme
The auto insurer laid out its case in a federal lawsuit filed May 5, 2026, in the US District Court…
Marine insurer SIGCo, shipowner settle coral reef damage case for $17 million
The dispute traces back to the grounding of the tank vessel T/V Margara in Puerto Rican waters, an incident that…
Ninth Circuit blows open $162 million legacy policy fight over aggregate limits
The facts go back a long way. During World War II, the federal government leased and later expanded the Chino…
Insurer sues to void $29 million Hurricane Ian claim over alleged fraud
What makes this case stand out is not just the delay. Princeton alleges that during those two years, Aspen was…
Captive insurer can’t shake $116 million bad faith claims, court rules
At Oxford’s urging, the firm agreed to wait until April 2025 to refile, then agreed to another extension through June…