NY hospital captive insurer files for bankruptcy, citing sexual abuse claims
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NY hospital captive insurer files for bankruptcy, citing sexual abuse claims

Northeast Insurance said 55 claims were brought under the Child Victims Act.

By Kyoung-son Song
October 20, 2025
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Entrance to the United State Bankruptcy Court Southern District of NY
Photo: Alamy

Northeast Insurance, a 50-year-old Bermudian captive for New York hospitals, filed for bankruptcy last week in the US Bankruptcy Court for the Southern District of New York.

The

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News Legal Medmal (Medical malpractice) Commercial lines Specialty lines Claims and losses Insurers Bermuda North America US North East
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