Best's News


Best’s News & Research Service subscription required - May 25, 2023 04:41 PM (EDT)

Insurtech Benefytt Files for Bankruptcy After FTC Socks Company With $100 Million Fine for ‘Sham’ Insurance

A Florida insurtech has filed for bankruptcy protection, nine months after the Federal Trade Commission socked it with a $100 million fine for pushing “sham” insurance. . . .

-- This content requires a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

Health Insurance Insurtech Fraud Fines And Penalties Litigation Bankruptcy


Latest News

LOSSES
Hurricane Helene Insured Loss Estimates Inch Higher as Scope of Damages Becomes Clearer
Oct 04, 2024 04:42 PM (EDT)
PEOPLE IN INSURANCE
New York Life Names Two Leaders to AI & Data Team
Oct 04, 2024 04:26 PM (EDT)
PEOPLE IN INSURANCE
Aon Names Global Vice Chair of Reinsurance and CEO of Aon Securities
Oct 04, 2024 04:15 PM (EDT)
BEST'S NEWS
Best's News: Cyber Panel Warns of Longer-Tail Cyber Claims as Business Interruption Risks Grow
Oct 04, 2024 04:14 PM (EDT)
ARTIFICIAL INTELLIGENCE
Tech Panel: AI Will Displace Jobs but Also Create Opportunities for Upskilling
Oct 04, 2024 04:02 PM (EDT)

More from Best’s News


Trending

AM Best TV

Submit News
To Submit News go to - https://www.ambest.com/bestweek/submitnews.html