INSURANCE NEWS

Alcon, J&J Agree to Settle Contact Lens Price-Fixing Suit for $75 Million, Including Fees

Alcon Vision and Johnson & Johnson have agreed to pay a total of $75 million to settle a class-action lawsuit that accused the companies of price fixing on disposable contact lenses. More than a third of the total settlement amount …
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Federal Court Saves New York’s Gun Law Pending Review of Lower Court Order

A federal appeals court on Wednesday allowed New York to continue enforcing its new gun law as it considers a lower court ruling that would block key provisions. The decision from the 2nd U.S. Circuit Court of Appeals came six …
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New York AG Seeks to Block Trump From Moving Assets, Using Financial Documents

New York Attorney General Letitia James has returned to court to stop Donald Trump and the Trump Organization from potentially evading the consequences of her recent lawsuit that charges them with fraudulent and illegal business activity, citing concerns over the …
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EPA to Hold Meeting on Toxic Air Pollution in Ardmore, Oklahoma

The U.S. Environmental Protection Agency is committed to reducing health risks associated with toxic air pollution and is working to update and strengthen Clean Air Act standards for commercial sterilizers to achieve that goal. As part of that process, EPA …
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Kansas Asphalt Company to Pay $82K over Alleged Clean Water Act Violations

The Asphalt Sales Company in Olathe, Kansas, will pay $82,798 in civil penalties and improve pollution controls to resolve alleged violations of the federal Clean Water Act. According to the U.S. Environmental Protection Agency (EPA), the company failed to adequately …
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Louisiana Men Survive 28 Hours at Sea After Boat Sinks

Two anglers whose boat sank over the weekend the Gulf of Mexico clung to an improvised float and fought off sharks while the third, Phong Le, swam several miles to search for help. Le managed to find a cellphone signal, …
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Over 329K Missourians to Partake in Statewide Earthquake Drill

A week before Missouri’s annual statewide earthquake drill, more than 329,000 people are already registered to participate in the Great Central U. S. “ShakeOut” on October 20. A total of nearly 2 million people are registered in the 14 central …
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Minnesota Man Pleads Guilty to Arson, Insurance Fraud He Blamed on Politics

A Minnesota man pleaded guilty Tuesday to filing fraudulent insurance claims for a staged arson he attempted to portray as a politically-motivated attack. Federal officials said Denis Molla, 30, of Brooklyn Center, falsely reported to law enforcement in September 2020 …
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People Moves: Derigiotis Chief Insurance Officer at Embroker

Embroker Names Derigiotis as New Chief Insurance Officer Embroker has named David Derigiotis its new chief insurance officer. Before taking on this new role, Derigiotis served as corporate senior vice president and national professional liability practice group leader for Burns …
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State Appeals Court Invalidates Uber’s Hyperlinked User Arbitration Pact

An arbitration agreement buried behind a hyperlink that does not give consumers clear notice they are waiving their right to a jury trial when they agree to the company’s terms and conditions is not valid, a Pennsylvania appeals court has …
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Google Faces EU Antitrust Charges Over its Adtech Business

Alphabet unit Google could face antitrust charges next year over its digital advertising business, with EU regulators frustrated over the slow pace of settlement talks with the company, people familiar with the matter said on Thursday. Google’s ad business is …
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Seattle Ending Virus Emergency Proclamation, Rules for Gig Workers Changing

The City of Seattle, Washington, will end its COVID-19 emergency proclamation at the end of October. Mayor Bruce Harrell said in a statement Tuesday that Seattle will lift its remaining COVID emergency order to align with Gov. Jay Inslee’s decision …
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