Government Contracts

MAY 9, 2024

An insurer cannot yet avoid defending gas companies in personal injury litigation after a subcontractor caused an explosion injuring three people, an Indiana federal court ruled, reiterating a previous finding that the subcontractor's ultimate release from liability following a settlement has no bearing on the gas companies' additional insured status. (..)

Insurance 52

Insurance 52

Government Contracts

SEPTEMBER 18, 2024

CVS Health subsidiary Oak Street will pay $60 million to settle allegations it violated the False Claims Act by paying illegal kickbacks to third-party insurers in return for scouting and inducing Medicare and Medicaid beneficiaries to enroll in its primary care clinics, the U.S. Department of Justice announced Wednesday.

Insurance 52

Insurance IT 52

USFCR

FEBRUARY 29, 2024

Understanding the ins and outs of insurance requirements is a cornerstone of success in federal contracting.

Insurance 81

Insurance Contract 81

Redstone Government Consulting

AUGUST 28, 2024

CAS 416 provides criteria for the measurement of insurance costs, the assignment of such costs to cost accounting periods, and the allocation to final cost.

Insurance 52

Insurance Accountability Price Government 52

Whistleblower Network News

MARCH 13, 2024

A qui tam whistleblower initiated a federal investigation that unveiled that the two defendants allegedly defrauded federal crop insurance programs by interfering with rain gauges. Finegan states, “Hardworking farmers and ranchers depend on USDA crop insurance programs, and we will not allow these programs to be abused.”

Insurance 88

Insurance Demand Integration Integrity 88

Government Contracts

SEPTEMBER 6, 2024

An insurance company has urged a Montana federal court to temporarily block a group of construction companies from transferring assets, alleging they owe more than $2.6 million in payments, claims and attorney fees related to projects in Montana and Wyoming.

Insurance 52

Insurance 52

ExecutiveBiz

SEPTEMBER 24, 2024

Department of Agriculture’s Crop Insurance Program. Technology company Alpha Omega has secured a contract to support the U.S. The company said Monday that it will work with the USDA to protect the agricultural sector against the impacts of climate change.

Insurance 59

Insurance Contract IT 59

Government Contracts

JUNE 24, 2024

A Colorado landlord accused an insurance broker and carrier of secretly adding an endorsement to its policy to bar coverage for a $1 million settlement the landlord entered into to resolve a state investigation over alleged misuse of tenant funds.

Insurance 52

Insurance IT 52

Government Contracts

APRIL 3, 2024

An insurance company has asked a federal court to force companies connected to an insolvent contractor to hand over more than $38 million to compensate for costs it covered for unfinished jobs.

Insurance 52

Insurance IT 52

Government Contracts

JUNE 20, 2024

Department of the Interior Secretary Deb Haaland is seeking an early win in a challenge over the cancelation of a $20 million tribal loan guarantee, arguing that an Ohio federal district court lacks subject-matter jurisdiction over Great American Life Insurance Co.'s s remaining claims.

Insurance 52

Insurance 52

Government Contracts

JANUARY 5, 2024

A Delaware court remained steadfast Thursday in its decision to set aside a verdict finding an ex-Xerox unit that paid Texas a $236 million Medicaid fraud-related settlement tried to defraud its insurers into providing coverage, rejecting the insurers' request for a reargument.

Insurance 52

Insurance IT 52

Government Contracts & Global Trade

DECEMBER 20, 2023

Joann Lytle, in her role as Symposium Committee Co-Chair, was mentioned in the American College of Coverage Counsel Winter Newsletter for her work on its 9th Annual Insurance Law Symposium at the University of Pennsylvania Carey Law School.

Insurance 52

Insurance IT 52

Government Contracts

MAY 16, 2024

Following the collapse of the Francis Scott Key Bridge, businesses that depend on the bridge, the Port of Baltimore and related infrastructure for shipment and distribution of cargo should understand which common types of first-party insurance coverage may provide recoveries for financial losses, say Bert Wells and Richard Lewis at Reed Smith.

Insurance 52

Insurance Distribution 52

Government Contracts

JANUARY 18, 2024

A contractor and its insurer have settled a $10.5 million lawsuit seeking coverage for shoddy construction work on a school on a military base, according to a joint statement Thursday in Maryland federal court.

Insurance 52

Insurance IT 52

Government Contracts

NOVEMBER 27, 2023

An insurer urged a Louisiana federal court Monday to award it over $17 million in damages following several dredging contractors' alleged abandonment of multiple public utility projects, arguing that the contractors failed to pay it back for bonds it issued under a 2014 indemnity agreement.

Insurance 52

Insurance Utilities IT 52

GovLoop

MARCH 24, 2023

Here’s a quick look at how the threat landscape is growing: With the severity of cyberattacks like these on the rise, some agencies are turning to cybersecurity insurance for an added level of protection. A robust cyber strategy ideally will make cyber liability insurance not just affordable, but ultimately unnecessary.

Insurance 52

Insurance Utilities Price Purchasing 52

Government Contracts

FEBRUARY 7, 2024

Travelers has ended its dispute over whether another insurer must defend a general contractor, school district and construction manager in a worker's personal injury lawsuit as additional insureds, after a New York federal judge approved the parties' mutual request to drop the action.

Insurance 40

Insurance Management IT 40

Government Contracts

NOVEMBER 30, 2023

A Honolulu-based insurer that paid over half a million dollars to a fast food operator that was forced to temporarily shut down after fuel leaks at a Navy facility contaminated the public water supply told a Hawaii federal court that the U.S. is on the hook for those costs.

Insurance 52

Insurance 52

Kluwer Arbitration

MAY 21, 2024

Northern’s projects that Argonaut insured were governed by a framework agreement between Swinerton and Northern which included an arbitration clause. As required by the work orders for these projects, Northern obtained performance and payment bonds from a California-licensed insurer, Argonaut.

Insurance 52

Insurance Framework Agreement Contract Integrity 52

GovLoop

NOVEMBER 2, 2022

Navigating the world of health insurance can be tricky. PT to hear from Maggie Martel, Manager, Enrollment and Member Support, Healthcare and Insurance, Office of Personnel Management, who will share how to make the most out of your benefits. How can you feel confident that you’re choosing the right fit for you and your family?

Insurance 52

Insurance Management 52

Government Contracts

JANUARY 5, 2024

A Colorado county water authority has accused Gemini Insurance Co. of failing to defend a construction company that was found liable for $3.5 million in damages related to a botched construction project that caused a sewage line failure.

Insurance 40

Insurance 40

Government Contracts

NOVEMBER 17, 2023

A manufacturer of N95 respirator materials and its insurer told a California federal court they have resolved and agreed to drop a dispute over coverage for a suit claiming the manufacturer caused mask makers to lose a $90 million government contract.

Insurance 40

Insurance Manufacturing Government Contracts Contract 40

Government Contracts

DECEMBER 4, 2023

A real estate company and a title insurer notified a Texas federal court that the parties finalized a settlement, ending a coverage row alleging that the company's land diminished in value and was subject to unforeseen development restrictions.

Insurance 40

Insurance 40

Oles Morrison

SEPTEMBER 1, 2022

Sullivan On August 11, 2022, the Washington Supreme Court issued a decision upending the landscape of commercial general liability insurance (CGL) policies for contractors. By Sydney M. The Court’s opinion in Preferred Contractors Ins. Baker & Son Constr. 100466-4, 2022 WL 3270083 (Wash.

Insurance 40

Insurance Import IT 40

FedScoop

NOVEMBER 5, 2024

Per a press release announcing his appointment , De Luca will also be tasked with overseeing a “comprehensive effort to modernize and re-engineer” business processes at the agency, which pays $14 million annually in benefits to the country’s rail workers and their families under the Railroad Retirement and Railroad Unemployment Insurance Acts.

Insurance 110

Insurance IT Engineering 110

Government Contracts

APRIL 10, 2024

A company that issued a $8.75 million performance bond is refusing to honor its deal with Honeywell International Inc. after a subcontractor declared bankruptcy and didn't finish its work at the Tobyhanna Army Depot in Pennsylvania, Honeywell claims in a suit filed Tuesday in Pennsylvania federal court.

Insurance 52

Insurance IT 52

Whistleblower Network News

SEPTEMBER 18, 2024

Department of Justice announced that Oak Street Health agreed to pay $60 million to settle allegations that it violated the Anti-Kickback Statute and False Claims Act by paying kickbacks to third-party insurance agents in exchange for referring seniors to Oak Street Health’s primary care clinics.

Insurance 98

Insurance Demand Accountability Networking 98

Government Contracts

DECEMBER 2, 2024

A New York doctor has agreed to plead guilty to taking part in a kickback scheme that allegedly billed insurers approximately $1 million for unnecessary brain scans, Massachusetts federal prosecutors said Monday.

Insurance 52

Insurance 52

Procureware

MARCH 28, 2018

However, if the service provider is not adequately insured and licensed, the organization is exposed to increased liabilities. While all companies verify insurance and licensing before issuing the contract, the insurance will invariably expire during the life of the contract. Once verified, they flag it as ‘internally approved.’

Insurance 40

Insurance Supplier Management Contract Administration 40

Government Contracts

MAY 24, 2024

A general contractor told a Washington federal court it is entitled to coverage under a subcontractor's commercial general liability policy with a Liberty Mutual unit for defects and damage that a school district alleges was caused by the subcontractor while working on a school expansion project.

Insurance 52

Insurance IT 52

FedTech Magazine

OCTOBER 17, 2024

That means protecting tribal history at CPN’s Cultural Heritage Center museum and data in the Tribal Rolls Department, which handles membership, including tribal enrollment, burial insurance and tribal ID cards. Data is so important for a company, and that data needs to be backed up,” says tribe CIO Christopher Abel. “It

Insurance 117

Insurance Data Import IT 117

Government Contracts

DECEMBER 6, 2023

An Argo Group unit asked a Colorado federal court to declare it doesn't owe any coverage to a construction company for suits brought by its subcontractors over roadwork at a national park, arguing that the claims don't concern any property damage other than the company's own defective work.

Insurance 52

Insurance IT 52

Government Contracts

NOVEMBER 26, 2024

3M is urging a Florida federal court to release information relating to its recently inked $6 billion deal ending claims over allegedly faulty combat earplugs to a London arbitral tribunal, which is tasked with determining whether insurer AIG Europe Ltd. is wrongly refusing to pay its share of the historic pact.

Insurance 52

Insurance IT 52

Government Contracts

NOVEMBER 20, 2024

Norcross III, a politically influential insurance executive in New Jersey, and others accused alongside him of a massive racketeering scheme demanded Wednesday that state prosecutors turn over complete wiretap application information dating back to 2016, arguing that those details form the core of the state's case against them.

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Demand Insurance 52

Government Contracts

JUNE 13, 2024

An Illinois federal judge affirmed an arbitration award relieving two insurers of covering a $1.8 million bond issued to a subcontractor retained for a U.S. Army construction project, upholding the arbitrator's finding that the status of the project wasn't accurately represented at the time of bond procurement.

Insurance 98

Insurance Procurement 98

Government Contracts

AUGUST 20, 2024

Aetna Life Insurance Co. is withholding more than $1 million in pharmacy rebates from a Colorado county under an inapplicable early termination clause after local leaders switched to United Healthcare for health insurance services in 2023, according to a federal lawsuit.

Insurance 52

Insurance 52

Government Contracts

MAY 22, 2024

The city of Seattle says two short-line railroads have breached agreements to maintain liability insurance and indemnify the city in lawsuits from cyclists injured crossing tracks along a perilous stretch of a popular bike trail, according to a complaint filed in Washington state court.

Insurance 98

Insurance 98