INSURANCE NEWS
Lawsuit Seeks to Recover $3M Invested in Louisiana Hurricane-Damage Lawsuits
A restoration contractor that helped finance an effort by McClenny Moseley & Associates to file thousands of hurricane-damage claims in Louisiana wants its $3 million investment back. Access Restoration Services US filed a lawsuit in a Texas state court in …
Feds: Ohio Man Tried to Firebomb Ohio Church to Stop Drag Show
CLEVELAND (AP) – An eastern Ohio man told investigators that he tried to burn down an Ohio church because he wanted to prevent a drag show that was scheduled to take place there, federal prosecutors allege in newly unsealed charges. …
Mississippi River Flooding Prompts Evacuations, Sandbagging in Iowa
DES MOINES, Iowa (AP) – Some residents along the swelling Upper Mississippi River evacuated their homes this week while others scrambled Wednesday to stack sandbags in preparation for what forecasters say could be near-record flooding caused by the rapid melting …
Suit Over Texas Woman’s Jail Death Settles for $7M
DALLAS (AP) – A private company that ran a Texas jail where a woman allegedly went blind following days of medical neglect before her 2019 death has agreed to a $7 million lawsuit settlement along with other defendants, her family’s …
$1.6B Trial Starts Against Utility Over Fatal 2020 Oregon Wildfires
PORTLAND, Ore. (AP) – A trial connected to a $1.6 billion class action lawsuit against utility PacifiCorp over the catastrophic Labor Day 2020 wildfires in Oregon started Tuesday in Portland. The fires in 2020 killed nine people, burned more than …
Florida Senate Approves Amended Insurer Accountability Act, Removes Some Reporting
The Florida Senate has unanimously approved an amended version of the Insurer Accountability Act, removing some reporting requirements for property insurers. The amended bill would continue to bar insurers from altering adjusters’ estimates without detailing the changes. An earlier version …
Judge Denies Google’s Motion to Dismiss Advertising Antitrust Case
A U.S. federal judge on Friday denied Google’s motion to dismiss a Department of Justice antitrust case focused on advertising technology. The government, which filed the ad tech lawsuit in January, has argued that Google should be forced to sell …
Hub International Garners Investment From PE Firm Leonard Green
Hub International Limited (HUB) said it has entered into an agreement with private equity firm Leonard Green & Partners (LGP) for an expected “substantial” minority investment with HUB’s enterprise valuation of $23 billion. The valuation is the largest for a …
SC Governor Elevates Wise to DOI Director Position
South Carolina’s governor has elevated acting insurance department leader Michael Wise to the position of director. Wise, who’s been with the Department of Insurance since 2009, was named acting director a year ago, after longtime director, Ray Farmer, retired. “Michael …
Massachusetts Hospital Lacked Workplace Violence Protections, OSHA Judge Finds
A federal administrative law judge has determined that the manager of Fuller Hospital in Attleboro, Massachusetts exposed employees to workplace violence without adequate protections in 2019, particularly at times when hospital staffing was low. The ruling follows an inspection by …
Federal Housing Aid to Help Rebuild From Kentucky Storms
An infusion of federal funding will help build hundreds of homes in Kentucky communities devastated by tornadoes and floods in 2021, Gov. Andy Beshear said Wednesday. Four counties hardest hit by the storms – Graves, Warren, Hopkins and Breathitt – …
New York’s Yellow Cab Drivers Can’t Sue City Over Uber, Lyft Impact on License Values
New York’s top state court on Thursday threw out claims by yellow cab operators that New York City diminished the value of their taxi licenses by failing to rein in app-based competitors like Uber Technologies Inc and Lyft Inc. The …