Insurance
Delaware: Professional Services Exclusion Didn’t Bar False Claims Act Settlement
A mortgage lender accused of violating the False Claims Act by approving government-backed loans that did not meet federal guidelines can seek to recover the $15 million it paid to resolve the allegations from its management liability insurer, the Delaware …
Read More Gas Leak Forced Evacuation of Southern California Homes
A Southern California neighborhood was evacuated for more than six hours early Thursday due to a large leak of natural gas from an underground pipe, authorities said. The leak was detected around 1:30 a.m. in unincorporated West Whittier, about 10 …
Read More Trial Begins in Lawsuit vs. Florida Hospital in Case Made Famous by Netflix ‘Maya’ Doc
The trial in a liability lawsuit against a Florida hospital, a story featured in a Netflix documentary, began this week, bringing new attention to health care providers’ responsibilities in complex cases involving minors. The long-delayed trial in Venice, Florida, will …
Read More People Moves: Sompo International Announces New UK Leadership Team; SiriusPoint Names Smyth Head of Marine, Active U/W for Syndicate 1945
This edition of International People Moves details appointments at Sompo International and SiriusPoint. A summary of these new hires follows here. Sompo International Announces New UK Leadership Team Sompo International, the commercial and consumer property/casualty re/insurer, announced a new leadership …
Read More Proof of Damages Can Include Amounts Billed But Not Paid in Police Case
A plaintiff seeking compensation for damages is entitled to submit the full amount on medical bills related to his injuries as evidence even though he did not pay the full amount of those bills. The U.S. district court for New …
Read More Group in Casino Hacks Skilled at Duping Workers for Access
The hacking group suspected of cyberattacks against two giant casino operators has quickly made a name for itself for its skills in social engineering, such as tricking someone to gain access to a computer system or another storehouse of sensitive …
Read More Weather Service Confirms 4 Tornadoes Hit New England This Week
Four tornadoes touched down in the New England area on Wednesday, the National Weather Service in Boston has confirmed. A severe thunderstorm produced four tornadoes for about 90 minutes beginning at 4:00 p.m. They traveled through portions of eastern Connecticut, …
Read More Federal Home Loan System Neglects the Buyers Who Need It Most, Analysis Finds
(Bloomberg) — The tiny town of Drew, Mississippi, has been left behind by the modern economy. Most businesses along its lone main street are shuttered, so it’s hard to buy a cup of coffee or groceries. Stray dogs zigzag through …
Read More California Regulators Propose Higher Rates for PG&E Customers to Reduce Wildfire Risk
Power bills for about 16 million people in Northern California will likely increase after state regulators released two rate proposals for one of the nation`s largest utilities. The California Public Utilities Commission is finishing up its once-every-four- years review of …
Read More On the Road Again: Rate Drops of People Working From Home
If you think U.S. roads have gotten busier on your morning commute, you`re not alone. The rate of workers driving to their jobs creeped upwards nationwide last year, as did those who carpool to work by car, truck or van. …
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