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Tag: Million

GEICO chases Florida chiropractor over alleged $1.25 million PIP scheme
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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…

insuracarelife.comMay 9, 2026
Marine insurer SIGCo, shipowner settle coral reef damage case for $17 million
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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…

insuracarelife.comMay 8, 2026
Ninth Circuit blows open $162 million legacy policy fight over aggregate limits
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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…

insuracarelife.comApril 25, 2026
Insurer sues to void $29 million Hurricane Ian claim over alleged fraud
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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…

insuracarelife.comMarch 27, 2026
Captive insurer can’t shake $116 million bad faith claims, court rules
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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…

insuracarelife.comMarch 8, 2026
Frontline Fabrics sues Chubb unit, banks over alleged $1.4 million fraud
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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…

insuracarelife.comJanuary 9, 2026
GEICO alleges Florida chiropractors ran $1.37 million PIP billing scheme
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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…

insuracarelife.comJanuary 7, 2026January 8, 2026
SPARTA sues Pennsylvania General over $12.7 million AEIC claims
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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…

insuracarelife.comDecember 10, 2025
Insurance industry gala raises $1.6 million for nonprofits
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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.…

insuracarelife.comNovember 26, 2025
The Allstate Foundation commits $5 million to address the immediate needs of relationship abuse survivors
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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.…

insuracarelife.comNovember 13, 2025

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