Benefytt Technologies Inc. will pay $27.5 million to end a class action by consumers who say they were duped into buying nearly worthless insurance plans instead of major medical insurance, papers filed Wednesday in the Southern District of Florida indicate.

Bankrupt NS8 Inc. is vying to prevent its former CEO from accessing the cybersecurity company’s insurance policies to cover his legal fees.

Texas oil transportation company Martin Resource Management Corp. lost its Fifth Circuit appeal seeking insurance coverage for two class suits involving its employee stock ownership plan that settled for nearly $20 million.

Hartford Life & Accident Insurance Co. properly paid $225,000 in supplemental life insurance benefits to the parents of a man shot by an unknown person, despite competing claims from the man’s children, the Tenth Circuit ruled Monday.

FedEx Corp. plans to spend more than $100 million to improve delivery-van safety and reduce costs from accidents, potentially dragging on short-term earnings as the courier faces pressure from rising wages and other expenses.

Allstate Insurance Co.'s $7 million agreement to settle overtime allegations on behalf of 1,460 current and former claims adjusters is fair and reasonable, a federal court in California ruled.