Delaware court says insurers don’t have to defend Meta Platforms in lawsuits
Delaware judge ruled Meta insurers owe no duty to defend social media harm lawsuits, citing intentional conduct not covered under liability policies
Latest Delaware insurance news from US insurers and regulators. Explore auto, home, life, P&C, pet and health insurance, including insurance rates, insights, trends, and breaking insurance news from the United States.
Delaware judge ruled Meta insurers owe no duty to defend social media harm lawsuits, citing intentional conduct not covered under liability policies
Delaware lawmakers debate primary care reform bill after 3-hour hearing with strong turnout from health systems and providers
HHS investigates 13 states requiring abortion coverage, citing Weldon Amendment disputes and renewed federal enforcement stance
Delaware judge rules insurers owe no duty to defend Meta in social media addiction suits, finding alleged conduct was deliberate, not accidental
The National Association of Insurance Commissioners is examining insurers’ expanding exposure to residential mortgage loans, with potential additional scrutiny ahead
Delaware Supreme Court orders insurers to cover a $28 mn D&O settlement, ruling bump-up exclusion does not apply to Harman–Samsung deal
Court refusal clears path for payouts to survivors while blocking new lawsuits against sponsoring organisations tied to historic abuse claims
Tiptree holders approve DB Insurance’s $1.65 bn Fortegra acquisition, giving the Korean carrier a US P&C platform and broader specialty reach
Delaware’s high court limits workers comp insurers to boardable damages when pursuing subrogation against UIM recoveries
The Delaware Supreme Court has ruled that insurers are not obligated to defend or indemnify CVS Health Corp. against opioid-related lawsuits brought by government entities
The Vesttoo Creditors Liquidating Trust, established by the U.S. Bankruptcy Court in Delaware, has filed a lawsuit targeting Aon, China Construction Bank (CCB)
Arthur J. Gallagher & Co. must pay a $50mn earnout under terms of its acquisition of Patent Insurance Underwriting Services (PIUS) and Newlight Capital
Marsh USA has filed a lawsuit in U.S. District Court for the Southern District of New York, accusing four former Florida-based executives of orchestrating a large-scale employee
Testudo, a start-up supported by Lloyd’s of London through its innovation accelerator Lloyd’s Lab, has launched a technology and data platform for underwriting
Medicare Advantage insurtech Clover Health has delivered notice to the Centers for Medicare and Medicaid Services that it will be exiting the ACO REACH Program
The Official Committee of Unsecured Creditors in the Vesttoo bankruptcy case has voiced its objection to the insurtech startup’s plans to reorganize
Insurtech Vesttoo has now filed for Chapter 11 bankruptcy protection in the U.S., as it looks to protect its assets and aggressively pursue legal action
Insurtech Root has rebuffed a takeover bid from Embedded Insurance even though the offer was one of the highest price
Managing general agency Johnson & Johnson announced that it recently acquired the assets of Statewide Insurance Corp as it looks to expand into a number of Southwestern states
Cigna Corporation is to expand its Cigna + Oscar small business health insurance into the Philadelphia metro area