LifeWallet Announces a Comprehensive Settlement with 28 Affiliated Property and Casualty Insurers, Benefiting LifeWallet’s Medicare Clients Across the U.S.
MSP Recovery, Inc. - Class A (LIFW)
Company Research
Source: GlobeNewswire
CORAL GABLES, Fla., March 03, 2024 (GLOBE NEWSWIRE) -- Coral Gables, FL, March 3, 2024. MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) (“LifeWallet” or “the Company”) announces a comprehensive settlement with 28 affiliated property and casualty insurers (“P&C Insurers”) that, in addition to settling existing claims, establishes a going-forward process to collaboratively and timely resolve future claims, as well as share important historical data that is expected to enhance LifeWallet’s claims reconciliation capabilities, benefiting its Medicare clients across the mainland U.S. and Puerto Rico. The settlement includes: The P&C Insurers’ agreement to provide ten years of historical data (identifying all claims processed from January 1, 2014, through the present) and data sharing of future claims, extending out for one year, assisting LifeWallet in reconciling its current and future assigned Medicare claims;The P&C Insurers’ Implementation of LifeWallet’s coordination of benefits
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- UPDATE: LifeWallet Announces a Comprehensive Settlement with a Group of Affiliated Property & Casualty Insurers GlobeNewswire
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- LifeWallet Announces a Comprehensive Settlement with 10 Affiliated Property & Casualty Insurers, Doing Business in 15 StatesGlobeNewswire
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- LifeWallet Announces Fiscal Year and Fourth Quarter 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
LIFW
Sec Filings
- 4/25/24 - Form POS
- 4/22/24 - Form POS
- 4/18/24 - Form 8-K
- LIFW's page on the SEC website