INSURANCE NEWS
Deaths, Flooding as Storm Hit Oregon And Washington State
A winter storm that brought powerful wind gusts to Oregon on last week was found to have caused at least two fatal car accidents that left four people dead, preliminary police investigations have found. Weather conditions also appeared to have …
M5.4 Earthquake in Northern California Confirmed in area Damaged in Earlier Quake
A moderate New Year’s Day earthquake rattled the region of Northern California where a stronger quake nearly two weeks ago killed two people and left widespread damage, authorities said. The earthquake with a preliminary magnitude of 5.4 struck at 10:35 …
Bankruptcy Court Approves $121M Clergy Abuse Settlement
A federal bankruptcy judge approved a $121 million reorganization plan for one of the oldest Roman Catholic dioceses in the U.S. as it tries to stem financial losses from clergy abuse claims that date back decades. The Archdiocese of Santa …
Johnson & Johnson Acquiring Statewide Insurance Corp in Arizona
Johnson & Johnson acquired the assets of Statewide Insurance Corp. in Arizona, as it looks to expand into several Southwestern states. Statewide Insurance Corp. serves clients across the Southwest, writing specialty and preferred commercial insurance, as well as personal lines …
Cyber Insurance Themes to Look Out for in 2023
As the Roman God Janus (for which of course the month January takes its name) reflects both looking backwards and forwards in transition, the dawn of a New Year provides a great opportunity to pause and consider where the cyber …
Banks Seek to Quash Women’s Lawsuits in Jeffrey Epstein Case
Deutsche Bank and JPMorgan Chase are asking a federal court to throw out lawsuits that claim the big banks should have seen evidence of sex trafficking by Jeffrey Epstein, the high-flying financier who killed himself in jail while facing criminal …
Another Woman Files Sex Abuse Suit Against Cosby, NBC Under New York Extension
A woman who alleges Bill Cosby drugged and sexually assaulted her in 1986 sued the comedian-actor, NBCUniversal and other companies Friday in New York, where five other women filed a similar lawsuit earlier this month. Stacey Pinkerton says she was …
U.S. Sues AmerisourceBergen, Says Distributor Helped Ignite Opioid Epidemic
The U.S. government filed a lawsuit accusing AmerisourceBergen Corp., one of the nation’s largest drug distributors, of helping ignite the nation’s deadly opioid epidemic by failing to report hundreds of thousands of suspicious orders of prescription painkillers. In a Dec. …
Boy Scouts, Catholic Dioceses Find Haven From Sex Abuse Suits in Bankruptcy
Lawmakers around the United States have tried to grant justice to victims of decades-old incidents of child sexual abuse by giving them extra time to file lawsuits. Now some of the defendants in these cases, including church and youth organizations, …
New Georgia Laws: Mental Health Reporting by Insurers, Permitting for Food Trucks
Parts of a law overhauling insurance coverage for mental health, new ways for parents to challenge materials used in schools and a tax credit for donating to police are among new laws taking effect Sunday in Georgia. Most Georgia laws …
Court Asked to Enforce $3 Million Settlement of Suit Over Virginia Police Shooting
VIRGINIA BEACH, Va. (AP) — Several parties to a wrongful death lawsuit over the fatal police shooting of a Black man on the Virginia Beach oceanfront last year have asked a judge to enforce the $3 million settlement agreement announced …
Suit Alleges Agency Liable in Accidental Child Shooting Due to Home Office
The family of a Maine three-year old who accidentally shot himself with a loaded pistol filed a negligence suit against the owner of a Vermont home where the boy found the gun while on a visit. The boy’s family has …