Discover how company bankruptcy affects employee insurance benefits and coverage. Learn if and how you can retain benefits ...

December 6, 2021 - Most vendors that trade with debtors know that administrative expense claims are required to be paid in full. In recent large Chapter 11 cases, however, debtors have leveraged the ...

Filing for Chapter 11 bankruptcy enables a company to work through its financial issues and potentially emerge a financially healthier company. Workers' compensation insurers may try to participate as ...

When an insurance company's financial distress forces it out of business in the U.S., the company does not file for bankruptcy. A state court usually issues the insurance company an order of ...

On Dec. 5, 2024, one insurer contacted ValuePenguin claiming that the denial rate listed in this article is not consistent with their internal records. We will update this article with more ...