INSURANCE NEWS
Second Round of Insure Louisiana Incentive Program Canceled; Additional Funding Awaits
The second application period for the Insure Louisiana Incentive Program was canceled this week as the Louisiana Department of Insurance (LDI) waits on lawmakers to appropriate more funding for the program. The 30-year day application period, which began May 1, …
US Imposes Sanctions on Hundreds of Targets in Fresh Russia Action
The United States and its partners on Friday announced new penalties aimed at punishing Russia for its invasion of Ukraine, intensifying what is already one of the harshest sanctions efforts ever implemented. Washington targeted Russia’s sanctions evasion, future energy revenues …
G7 Steps Up Russia Sanctions, Seeks to Cut China Trade Dependency
Leaders of the world’s richest democracies agreed on Friday to stiffen sanctions against Russia, while a draft communique to be issued after their talks in the Japanese city of Hiroshima stressed the need to reduce reliance on trade with China. …
‘Spoofing Shop’ Scammer Who Helped Criminals Pose as Bankers Jailed for 13 Years
The mastermind behind a global “spoofing shop” that scammed victims out of as much as £100 million ($124 million) has been sentenced to over 13 years in a UK prison. Tejay Fletcher, 35, pleaded guilty over his role as the …
Wisconsin Tribe Asks Court to Shut Down Oil Pipeline
MADISON, Wis. (AP) – Attorneys for a Wisconsin Native American tribe argued Thursday that a federal judge should order an energy company to shut down an oil pipeline the tribe says is at immediate risk of being exposed by erosion …
BP Subsidiary to Pay Record $40M Penalty Over Lake Michigan Refinery Pollution Violations
A BP subsidiary will pay a $40 million penalty and install technology to control releases of benzene and other contaminants at its Whiting oil refinery on the Indiana shoreline of Lake Michigan, Biden administration officials said Wednesday. The actions will …
Sanctions Continue to Pile Up for McClenny Moseley & Associates
Even though they have been suspended from the practice of law, attorneys with McClenny Moseley & Associates continue to rack up penalties as federal judges clean up a mess created by the law firm’s mass filing of hundreds of hurricane-damage …
5th Circuit Clears Texas Class-Action Suit Against GEICO
GEICO must defend itself against a class-action lawsuit that alleges it failed to include the cost of sales taxes and purchasing fees when it paid total loss auto collision claims in Texas, depriving policyholders of actual cash value. A panel …
The Supreme Court Handed Google and Twitter a New Line of Defense
The US Supreme Court handed social media companies a new line of defense as they face an increasing number of lawsuits alleging their algorithms have harmed users — whether by addicting children or selling suicide kits. In a unanimous ruling, …
Staff at Top U.S. Farm Research Center File Complaint Alleging Unsafe Work Conditions
Three employees of the largest agricultural research facility in the U.S. have filed federal whistleblower complaints alleging that the facility’s conditions are hazardous to workers and undermine their research, even as farmers are facing pressing issues like climate change, according …
London Court Throws Out Lawsuit Against Google Over Medical Records
Google on Friday defeated a lawsuit brought on behalf of 1.6 million people over medical records provided to the U.S. tech giant by a British hospital trust. The Royal Free London NHS Trust transferred patient data to Google’s artificial intelligence …
Massive Fire Engulfs Charlotte, NC, Building, Parking Garage: One Dead, One Missing
A construction worker was killed and another was missing Friday morning after a massive fire broke out in an upscale business and residential area of Charlotte, North Carolina. News outlets reported that the five-alarm fire began early Thursday in or …