INSURANCE NEWS
Harvey Weinstein Is Granted Appeal of Rape, Sex-Assault Conviction
Harvey Weinstein has been granted a request to appeal his rape and sexual assault conviction to New York’s highest court. Chief Judge Janet DiFiore granted the request on Aug. 19, said Gary Spencer, a spokesperson for the Court of Appeals …
United Educators’ President and CEO Abraham to Retire Next Year
United Educators Insurance (UE), a reciprocal risk retention group serving K-12 schools, colleges, and universities, announced that UE’s President and CEO Janice Abraham will retire in the summer of 2023. UE Board of Subscribers Chair Morgan R. Olsen announced the …
DCA Can’t Prohibit Lower Court Ruling, Fla. Justices Decide in Insurance Case
Claim Was Settled, But Insurer Attorneys Revealed Mediation Info, Claimants’ Lawyer Says An appeals court cannot be used to prohibit a lower court’s decisions, except through the normal appeal process, the Florida Supreme Court decided Thursday in a case that …
Cosmetics Maker Sephora Settles Customer Data Privacy Suit in California
Sephora Inc., one of the world’s largest cosmetics retailers, has settled a lawsuit claiming that the company sold customer information without proper notice in violation of the California’s landmark consumer privacy law, state Attorney General Rob Bonta said. Sephora failed …
Hawaii Food Distributor Settling Racism Lawsuit
A Hawaii food distribution company has agreed to pay $90,000 to settle a lawsuit alleging a Black employee was subjected to racial slurs and racist references to slavery, the U.S. Equal Employment Opportunity Commission said. According to the lawsuit, a …
Celebrity Chef Mario Batali Settles 2 Lawsuits Alleging Sexual Assault
Mario Batali has agreed to settle two Massachusetts lawsuits that accused the celebrity chef of sexual assault, attorneys for the women said on Wednesday. The decision to settle the cases comes more than two months after the former Food Network …
Judge Cuts $500K Punitive Award Against Prison Guard to $5,000
A federal judge has overturned a jury’s decision imposing $500,000 in punitive damages against a former Delaware prison guard accused of sexually assaulting an inmate during a pat-down. The jury found in December that former Department of Correction Sgt. William …
Report: Atmospheric Storms Could Result in $3.2B in Flood Damage by Century’s End
Atmospheric rivers that bombard the Western U.S. from time to time could result in as much as $3.2 billion in flood damage by century’s end, according to researchers who published a new study in the journal Scientific Reports. Atmospheric rivers …
UPC Gives up the Ghost, Now in Orderly Run-Off in Florida, Louisiana, Texas and NY
United Property & Casualty Insurance Co., facing heavy losses, in July put out feelers for a potential sale or merger with another carrier, after a ratings downgrade and a substantial reorganization plan. But the firm’s holding company announced Wednesday that …
Europe’s Record-Breaking Summer Heat Wave Will Be the Norm by 2035: Report
Europe’s record-breaking heat wave will be just an average summer in less than 15 years — even if countries meet their climate goals — with regular droughts and fires set to become the norm. By the end of the century, …
Kobe Bryant’s Widow, Friend Win $31 Million in Trial Over Leaked Crash Photos
Kobe Bryant’s widow and a family friend were awarded $31 million in damages by a jury for distress they’ve suffered over the sharing of photos taken by emergency personnel at a helicopter crash site where their spouses were killed. The …
With a Few Exceptions, Personal Insurance Shopping Subdued in Q2 2022
Auto insurance shopping was down 3% overall in Q2 2022 compared to Q2 2021. That trend was primarily driven by a significant decrease by higher-risk consumers, where shopping decreased 11%, compared to Q2 2021. TransUnion’s new Personal Lines Insurance Trends …