Tag: damages

Capital and Risk, Insurance, Regulations

Nevada Jury Says Health Insurers Owe ER Doctors $60M in Damages

December 9, 2021

Via: Insurance Journal

One of the largest U.S. health insurance companies and its branches in Nevada were found liable for $60 million in punitive damages for underpaying out-of-network emergency medical providers. A state court jury said three plaintiffs headed by urgent care staffing […]

Activity, Insurance

Hardened Market, Higher Insurance Pricing Expected as a Result of Recent Hurricanes: KPMG Survey

September 14, 2017

Via: PR Newswire

NEW YORK, Sept. 14, 2017 /PRNewswire/ — A KPMG survey of more than 300 senior insurance executives found that 44 percent of respondents expect the property market to harden in the short-term, with reduced supply and higher premiums, as a […]