LifeWallet Announces a Comprehensive Settlement with 10 Affiliated Property & Casualty Insurers, Doing Business in 15 States
MSP Recovery, Inc. - Class A (LIFW)
Company Research
Source: GlobeNewswire
CORAL GABLES, Fla., April 18, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) (“LifeWallet” or “the Company”) announces another comprehensive settlement with 10 affiliated property and casualty insurers (“P&C Insurers”) that write personal lines of P&C insurance in 15 states. In addition to settling existing claims, the settlement 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 historical data for claimants and also assist LifeWallet in reconciling its relevant current and future assigned Medicare claims;The carrier will assign to LifeWallet all rights to collect additional sums from plaintiff attorneys and medical providers;A 10-year agreement to resolve coope
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News
- UPDATE: LifeWallet Announces a Comprehensive Settlement with a Group of Affiliated Property & Casualty Insurers GlobeNewswire
- LifeWallet Announces a Comprehensive Settlement with 10 Affiliated Property & Casualty Insurers, Doing Business in 15 States [Yahoo! Finance]Yahoo! Finance
- Algorithms powering John Ruiz's company being probed by SEC, Justice Department [Yahoo! Finance]Yahoo! Finance
- LifeWallet Announces Fiscal Year and Fourth Quarter 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- LifeWallet Announces Fiscal Year and Fourth Quarter 2023 Financial ResultsGlobeNewswire
LIFW
Sec Filings
- 5/3/24 - Form 424B3
- 5/3/24 - Form 424B3
- 5/3/24 - Form 424B3
- LIFW's page on the SEC website