Cigna Healthcare is facing a federal class action lawsuit alleging the company used artificial intelligence algorithms to “deny payments in batches of hundreds or thousands at a time,” as part of an almost completely automated claims decision process. What Happened? A federal lawsuit was recently filed alleging that health insurance giant Cigna uses an artificial…
Policyholders Claim Massive Rate Increase Unlawful Transamerica Life Insurance Company faces a class action lawsuit over a massive rate increase to its flexible premium life policies. Plaintiffs allege that the 61% increase to their monthly deduction rates (“MDR“) is unlawful and excessive. These policies were issued decades ago. Many policyholders are now elderly and are…
As the number Paraquat lawsuits against Syngenta filed by farmers and individuals diagnosed with Parkinson’s disease continues to grow, the global agricultural company has filed a declaratory judgement against more than 100 insurance companies, arguing that they should provide coverage for litigation costs, damages, and potential settlements. The complaint was brought by Syngenta Crop Protection,…
Homeowners who suffer property damage—including water damage, storm damage, roof leaks, or other types of property damages—can file claims to their home insurance companies to reimburse them for repairs. However, some homeowners allege that insurance companies are underpaying those claims and the cost of repairing property damage to their homes. In response, some homeowners may…
The U.S. Judicial Panel on Multidistrict Litigation (JPML) has denied a request to centralize and consolidate all lawsuits filed in the federal court system against insurance companies who have denied business interruption coverage following the COVID-19 pandemic, indicating that the large number of insurers involved and lack of overlapping parties in the lawsuits would result…
Lawyers nationwide indicate that an influx of small business owners are planning to file lawsuits over business interruption insurance claim denials, as several insurance companies are attempting to exclude coverage for losses due to the coronavirus outbreak. Many businesses are reporting they have experienced difficulties getting insurance companies to honor policies sold in recent years,…
