INSURANCE NEWS
Former Root CMO Ordered Detained for Contempt
Root Inc’s former chief marketing officer – accused in a lawsuit by the company of syphoning $10 million from it – was ordered detained for contempt of court, and he will need to find another way to pay his attorneys. …
Company Can’t Say Whether More Air-Bag Inflators Might Explode, Hurl Shrapnel
A company that makes air-bag inflators that have exploded in eight incidents involving two deaths and seven injuries argued Tuesday that it can’t say for sure whether its inflators might cause further such incidents. In a reply to the National …
Fired Amazon Labor Organizer in Alabama Reinstated After Filing Complaint, Union Says
A union organizer who was fired by Amazon was reinstated by the company after she filed a complaint with the National Labor Relations Board, according to the Retail, Wholesale and Department Store Union. The union had said earlier this month …
Structured Settlement Cash-out Left Impaired Man with Little. Transamerica Not Liable.
TransAmerica’s annuity and life insurance units have dodged a bullet and are not liable for their roles in a mentally challenged man giving away most all of his lifetime structured-settlement benefits, a federal appeals court decided. The U.S. 11th Circuit …
Colorado Supreme Court Strikes Law Allowing Child Sex Abuse Suits from Decades Past
Childhood sexual abuse victims in Colorado will no longer be able to file lawsuits over abuse that happened decades ago, as the state Supreme Court struck down a law Tuesday that gave victims a three-year window to sue over abuses …
Three Die After Brother Crashes Into Vehicle Driven by Sister in New York
A third person has died following a head-on crash between two siblings in a rural town in western New York, officials said. Dahlia J. Klink, 24, was pronounced dead Sunday night from injuries she suffered after her younger brother crashed …
Philadelphia’s I-95 to Open to Traffic This Weekend With Interim Fix: Governor
Temporary lanes on Interstate 95 will be open sometime this weekend, with permanent repairs to follow, Gov. Josh Shapiro said Tuesday, more than a week after a section of the interstate collapsed in Philadelphia. “Traffic will be flowing here on …
Young Plaintiffs’ Attorney Closes Montana Climate Change Trial with Call for Action
An attorney for 16 young plaintiffs urged a judge Tuesday to strike down as unconstitutional a Montana law that prohibits state agencies from considering the environmental effects when it weighs permits allowing the release of greenhouse gases. Attorney Nate Bellinger …
Court Orders Receivership for Friday Health Plans of Nevada
The 8th Judicial District Court of Nevada has ordered Friday Health Plans of Nevada into receivership and appointed Nevada Insurance Commissioner Scott Kipper as Receiver. Kipper initiated the petition for receivership on June 1 with the company’s consent due to …
Kansas Firefighters Receive $16.8M From Insurance Department
The Kansas Insurance Department distributed $16.8 million to firefighters across the state, funds generated by a two percent tax paid by insurance companies on fire and lightning insurance premiums written in Kansas. The Kansas Firefighters Relief Act was created in …
Indiana Community Hospital Sued for Disability Discrimination
The U.S. Equal Employment Opportunity Commission (EEOC) announced a suit it filed against Munster Medical Research Foundation, Inc., operators of Community Hospital, located in Munster, Indiana, for failing to accommodate an employee with a disability. In its lawsuit, the EEOC …
Texas Power Grid Operator Urges Power Conservation During Heat Wave
The Texas power grid operator urged homes and businesses to conserve electricity on Tuesday evening to prevent power reserves from falling short as consumers crank up their air conditioners to escape the first heat wave of the summer season. Power …