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0 0.0412079738173162 0.0560844986611127 0.0562332639095506 0.0190419518000594 0.0337697113954179 -0.0124962808687892 0.0318357631657245
Stock impact report

LifeWallet’s Proprietary Data System is Instrumental in Class Certification Against USAA Property and Casualty Insurance Company

MSP Recovery, Inc. - Class A (LIFW) 
Company Research Source: GlobeNewswire
CORAL GABLES, Fla., June 10, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) ("LifeWallet," or the "Company"), a Medicare, Medicaid, commercial, and Secondary Payer1 reimbursement recovery and technology leader, today announced the Eleventh Judicial Circuit Court of Florida entered an order memorializing its class certification2 in a case against USAA Casualty Insurance Company and USAA General Indemnity Company (collectively “USAA”), utilizing LifeWallet’s proprietary data analytics system, extensive knowledge of the Medicare Secondary Payer Act (“MSP Act”), and experience in healthcare reimbursement recovery. The case directly benefits plaintiffs, which include: (1) LifeWallet’s clients who assigned their claim rights to MSP Recovery entities and any future assignor clients; as well as (2) all Medicare Advantage Organizations (“MAO”), Medicaid Managed Care Organizations (“MCO”), first-tier and downstream at risk entities, and their assignees, that provi Show less Read more
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