Supreme Court Tosses $13.5 Million Award for CorVel Against E&O Liability Carrier

The Delaware Supreme Court last week threw out a $13.5 million judgment against the errors and omissions liability insurance provider for CorVel Corp., finding the claim was time-barred. CorVel is a Delaware company, but it operates a national preferred provider organization network. The network had included multiple medical providers in Louisiana. In late 2004, Louisiana medical providers began filing claims with the state Department of Labor asserting that CorVel had improperly discounted medical payments without providing proper notice, in violation of Louisiana law. In July 2005, C...