INSURANCE NEWS
Supplemental Claims Don’t Need to Include Damage Estimates, Fed Appeals Court Says
A federal appeals court has, at least for now, put an end to lingering questions about some property insurance claims litigation: The insured does not need to submit a competing damage estimate when filing a supplemental claim if the policy …
California Chiropractor Sentenced to 54 Years for $150M Workers’ Comp Scheme
A former chiropractor was sentenced to 54 years in state prison and ordered to pay more than $23 million in fines for his role in orchestrating a massive workers’ compensation fraud scheme totaling $150 million. Peyman Heidary was convicted by …
NFL Has 8 New Impact Mitigating Helmets for Quarterbacks and Linemen
Eight new position-specific helmets for quarterbacks and linemen have been approved by the NFL and the NFL Players Association. Two of the new models manufactured by Riddell are designed for quarterbacks while six helmets are made for offensive and defensive …
Supreme Court Rules Corporate Silence on Impactful Trends Not Securities Fraud
Shareholders cannot sue companies for fraud if they flout a rule requiring disclosure of trends expected to affect their bottom line unless the omission makes another statement misleading, the U.S. Supreme Court ruled on Friday. The 9-0 ruling authored by …
Pilot in 2022 Fatal Crash Fell Out of Plane, Say Investigators
The pilot of an experimental aircraft fell out of the plane and hit the tail, causing the plane to crash in northeastern Pennsylvania in 2022, killing him and a pilot-rated passenger, according to federal investigators. The National Transportation Safety Board …
Fourth Construction Worker Recovered From Site of Baltimore Bridge Tragedy
The body of a fourth victim of the collapse of the Francis Scott Key Bridge in Baltimore has been recovered. The body of the deceased construction worker was transported to the chief medical examiner and positively identified on Monday. At …
Iowa Supreme Court Reverses $790K Jury Award in Sexual Harassment Case
DES MOINES, Iowa (AP) — Inappropriate comments by a superior to a social worker and between other employees at the state Department of Human Services did not justify a $790,000 jury award for sexual harassment, the Iowa Supreme Court has …
Rapper Drake Has Lawsuits Dismissed Over Deadly Astroworld Concert
HOUSTON (AP) — Hip-hop artist Drake has been dismissed from a lawsuit over the deadly 2021 Astroworld festival in Houston in which 10 people were killed, a judge has ruled. Drake was a special guest of rap superstar Travis Scott, …
Texas Among States Facing New Fire Risks: Weather Watch
More than 2.5 million people in the US face critical fire weather conditions on Monday as dry winds sweep parts of New Mexico, Colorado, Kansas, Oklahoma and Texas, which had the largest fire in the state’s history earlier this year. …
Georgia Bill Requiring Boat Livery Insurance Waiting on Governor’s Signature
Boat operators, not properly insured boat rental places, will soon be held liable for injuries or damages caused by negligent operation of water craft if Georgia Gov. Brian Kemp signs a bill into law. House Bill 994 was approved by …
Coral Gables, Florida Tops Beverly Hills as Ritziest Home Market in US
Floridians with homes in the ritziest neighborhoods that include Coral Gables and Naples are experiencing the nation’s biggest increases in real estate wealth as markets in the Sunshine State supplant those in California and New York at the top. In …
Co-Conspirator Sentenced for Damage, Unauthorized Access to Health System
A Rutland, Massachusetts man was sentenced in federal court in Worcester to conspiring to access a computer system of his former employer – a non-profit substance use and mental health treatment provider that operates recovery centers throughout Massachusetts. Nathan Howe …