INSURASALES

Tag: Legal Settlement

Kansas City Life Reports Q2 2025 Net Loss Amid Legal Settlement Accrual

Kansas City Life Insurance Company posts a $28.1M net loss in Q2 2025 driven by a $35.5M legal settlement accrual amid ongoing class action lawsuits impacting financial results.

Vault Medical Services Settles $8M False Claims Act Allegations for COVID-19 Billing

Vault Medical Services agreed to pay $8 million to resolve False Claims Act allegations for improper COVID-19 billing under the federal Uninsured Program, highlighting compliance risks in federally funded healthcare programs.