Clover

Skip to main content Clover Health’s outlook continues to darken as the company settles the first of several shareholder class-action lawsuits and struggles to remain listed on the Nasdaq Stock Exchange. The health insurance startup agreed to pay $22 million to resolve shareholder allegations that it committed securities fraud by failing to disclose a Justice

Skip to main content Clover Health is restructuring its operations and cutting jobs in a bid to turn a profit. The insurtech said Monday it will outsource its "core plan operations" to UST Health Proof, a technology company that provides administrative services for carriers. Clover said the decision led to 10% of its staff being