Tag: #cannot

Retirement & Insurance

Appellate Court Rules Insurers Cannot Reclassify Losses and Invoke Higher Deductibles After Payouts Have Begun

Saturday, October 24, 2026 | 06:50

Insurance companies do not get a "mulligan" when they miscalculate a claim and later attempt to reverse course to avoid major payouts, a federal appeals court has ruled in a high-stakes legal battle involving heavy rain damage to a massive solar energy installation in Georgia. In a strongly worded decision handed down by the U.S. […]