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News – Insurance Journal
Jury Clears Tesla CEO Musk of Defamation Claim for ‘Pedo’ Tweet
Elon Musk defeated defamation allegations Friday from a British cave explorer who claimed he was branded a pedophile when the Tesla CEO called him “pedo guy” in an angry tweet. Vernon Unsworth, who participated in the rescue of 12 boys …
POSTED DECEMBER 08, 2019 6:00 PM |
Industry Representative Puts Fire Insurance Availability at Feet of Commissioner
California Insurance Commissioner Ricardo Lara will have to choose whether he wants insurers to charge higher rates or to stop writing homeowners insurance in fire-prone areas, an industry representative said following new wildfire directives announced by the commissioner. Lara on …
POSTED DECEMBER 06, 2019 10:12 PM |
Former Georgia Mayor Pleads Guilty to 30 Counts of Insurance Fraud
A former Georgia mayor pleaded guilty Tuesday to 30 counts of insurance fraud after stealing over $11,000 from victims who believed they were paying for insurance policies. Former Franklin Mayor Brad Yates, in a negotiated plea deal, was sentenced to …
POSTED DECEMBER 06, 2019 5:51 PM |
Woman Sues North Carolina Nursing School for Harassment in ‘Time’s Up’ Case
A woman who says she was kicked out of a North Carolina nursing school a month before graduation in retaliation for accusing a supervisor of sexual harassment is suing in a case supported by the Time’s Up movement legal fund. …
POSTED DECEMBER 06, 2019 5:43 PM |
Texas Woman, Man Convicted of Workers’ Comp Fraud in Separate Cases
Texas Mutual Insurance Co. reported that two Texans have been convicted of workers’ compensation fraud in two separate cases. The workers’ compensation insurer said Sharon Boachie of Arlington and Larry Toliver of Knox City were sentenced in Travis County district …
POSTED DECEMBER 06, 2019 5:33 PM |
Texas City Again Issues Voluntary Evacuation Order over Chemical Plant Blast
Concerns over air quality have prompted a voluntary evacuation order that was in effect on Dec. 5 for a Texas Gulf Coast city where a pair of chemical plant explosions occurred last week. Port Neches issued the voluntary order for …
POSTED DECEMBER 06, 2019 5:01 PM |
Fitch Sees Stronger Commercial Lines But Weaker Auto, Work Comp Results Coming
The U.S. property/casualty insurance sector should see small improvements in underwriting profits in 2019 and 2020, thanks largely to commercial lines price increases, Fitch Ratings predicts in a new report. But personal auto and workers’ compensation will be two lines …
POSTED DECEMBER 06, 2019 2:59 PM |
Officials Say Regulation Standards Factor in Alaska Quake Damage
Assessments following Alaska’s enormous 2018 earthquake showed building damage was worse outside Anchorage’s safety area because of reduced regulation, municipal officials said. There was less structural damage in the Anchorage Building Safety Service Area than in the Chugiak-Eagle River area …
POSTED DECEMBER 06, 2019 2:50 PM |
Connecticut’s Saxe Doernberger & Vita Hires Clifford to Northeast Office
Saxe Doernberger & Vita P.C. (SDV) has hired Associate Brian J. Clifford to its Northeast office. Clifford has almost a decade of experience in litigation, including insurance coverage, from depositions and discovery through mediations, trials and appeals. He has represented …
POSTED DECEMBER 06, 2019 2:45 PM |
Delaware Loses Bid for High Court Review of Opioid Suit Ruling
A judge who dismissed Walgreens as a defendant in Delaware’s lawsuit against the drug industry over the opioid crisis has denied the government’s request to certify an appeal to Delaware’s Supreme Court. Wednesday’s ruling follows the judge’s denial in September …
POSTED DECEMBER 06, 2019 2:37 PM |
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