INSURANCE NEWS
Sandy Hook Families Preparing to Sue Alex Jones’ Wife, Family to Clawback Payments
The families of Sandy Hook school shooting victims are preparing to sue Alex Jones’ wife and other family members to help satisfy $1.5 billion in judgments they won from lawsuits against the bankrupt right wing conspiracy theorist over his lies …
Exxon Says Guyana Insurance Dispute Could Cut Revenue $350M/Month
Exxon Mobil Corp on Friday said an ongoing dispute over oil-spill insurance in Guyana could halt production at its first offshore platform there, cutting revenue by about $350 million per month. A Guyanese court this month found Exxon in breach …
Meta Hit With Record $1.3B Fine Over Data Transfers
Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead European Union privacy regulator over its handling of user information and given five months to stop transferring users’ data to the United States. The fine, …
New Hampshire House Kills Bill to Make Schools Tell Parents About Transgender Kids
A bill that would have required school officials to disclose to inquiring parents that their child is using a different name or being referred to as being a different gender was defeated Thursday in the New Hampshire House. The bill …
Fox’s Tubi Accused in Lawsuit of Paying Women Less Than Men
Fox Corp.’s streaming platform Tubi was accused in a gender-discrimination lawsuit of paying top female executives 28% less than their male counterparts and offering them fewer promotions. Sarah Ekstrom, Tubi’s former chief people officer, said in a proposed class-action suit …
Families of Gun Violence Victims Dig In for New Test of Gun Industry Protections
After Mayah Zamora was shot and wounded at Robb Elementary School, her family did what many mass shooting survivors do: They sued. They sued the store off Main Street in Uvalde, Texas, that sold the teenage gunman his AR-style rifle. …
Insurers Latest Target of U.S. AGs ESG Antitrust Concerns
Insurers and reinsurers who are members of the Net-Zero Insurance Alliance (NZIA), received a letter from 23 attorneys general raising potential legal concerns that might arise from their commitment to collaborate with other insurers to advance an “activist climate agenda.” …
As Lawyers Warned, Florida Courts Flooded with Suits Before Tort-Reform Bill Signed
Just as the plaintiffs’ law firm of Morgan & Morgan warned in April, the number of Florida lawsuits filed across the state has shattered previous records, topping 280,122 in April, the Florida Bar reported. That’s more than double the previous …
Colleague’s Death Spurs Connecticut Lawmakers to Pass Wrong-Way Driver Bill
Connecticut lawmakers, shaken by the death of a colleague killed in a wrong-way crash earlier this year, unanimously approved a bill Wednesday that attempts to curtail the growing problem of wrong-way drivers. The legislation calls for the installation of detection …
New Jersey Allows Emergency Erosion Fixes in Defiant Town
New Jersey environmental officials will allow a shore town to carry out emergency repairs to its badly eroded beachfront, even as they continue a years-long fight with city officials over how best to protect the popular Jersey Shore resort’s fragile …
People Moves: Venbrook in California Names Aguilar CFO
Venbrook Group, LLC named Juan Aguilar chief financial officer. Aguilar has 20 years of industry experience, most recently serving 15 years at Aon PLC, where he held leadership roles across finance, operations and business strategy and development. Before Aon, he …
Major New Mexico Transmission Line OK’d for Renewable Energy in West
The U.S. government is greenlighting a proposed multibillion-dollar transmission line that would send primarily wind-generated electricity from the rural plains of New Mexico to big cities in the West. The Interior Department announced its record of decision for the SunZia …