Federal prosecutors say Kevin Kolenda collected premiums for prize coverage but used aliases, a nonexistent claims department and other tactics to avoid paying claims when contestants won insured prizes.
Federal prosecutors allege a Pennsylvania medical equipment company submitted more than $1.3 billion in fraudulent claims to Medicare and other insurers, using stolen patient identities as part of an international fraud and money laundering operation.
A years-long campaign of harassment by former eBay employees resulted in criminal convictions, a multimillion-dollar civil settlement, and renewed attention on corporate accountability, executive oversight, and liability risks.
A Massachusetts jury awarded a record $56 million to a Newburyport man who suffered catastrophic injuries after an Amazon delivery driver fell asleep and crossed the center line. Amazon had already admitted liability, leaving damages as the only issue for the jury.
A Massachusetts couple who operated an insurance brokerage received federal prison sentences after admitting they stole nearly $1 million in premium payments and issued fake insurance documents, leaving dozens of clients without the coverage they believed they had.
The Massachusetts Supreme Judicial Court upheld regulators’ authority to reject proposed workers’ compensation rates but ruled they must clearly explain how they arrived at a 14.6% statewide rate reduction. The decision sends the 2024 and 2025 rate rulings back for further review.
Historical hurricane data shows tropical storm threats remain relatively low during the World Cup, but several host cities have experienced damaging storms, flooding, and infrastructure losses during June and July.
A federal jury found Takeda used an anticompetitive settlement to delay generic Amitiza, exposing the drugmaker to potentially billions in damages under federal antitrust law. The verdict is the first plaintiff win in a jury trial involving pharmaceutical pay-for-delay claims since a 2013 U.S. Supreme Court ruling.
New research links a warming Atlantic to more extreme hurricane activity, with Florida, New York, and the Carolinas facing sharp increases in storm-driven insurance claims.
A cyber insurance dispute is unfolding in federal court as ACE American Insurance Co., a Chubb subsidiary, seeks to recoup $500,000 paid in ransomware damages from two IT vendors it claims are at fault.
Lyft has agreed to pay $19.4 million to New Jersey after an audit found it misclassified over 100,000 drivers as independent contractors between 2014 and 2017.