Health Net v. AISLIC/Certain Underwriters at Lloyds, et al – Claim for $100,000,000 in insurance benefits under a managed care E&O policy tower arising from the alleged improper use of outdated reimbursement sums for medical procedures for plan participan

Health Net v. AISLIC/Certain Underwriters at Lloyds, et al – Claim for $100,000,000 in insurance benefits under a managed care E&O policy tower arising from the alleged improper use of outdated reimbursement sums for medical procedures for plan participants resulting in multi district federal court litigation in New Jersey. The trial court in the coverage litigation which ensued granted summary judgment in favor of Underwriters, returning judgment in their favor. The judgment and other rulings were appealed, which was recently argued before the Second District Court of Appeal in Los Angeles.