In a tragic incident that shook the University of Georgia football community, a grieving father has taken legal action against the University of Georgia Athletic Association and multiple parties, seeking $40 million in damages for the untimely death of his son, offensive lineman Devin Willock, and recruiting staffer Chandler LeCroy.
Illinois State Representative Will Guzzardi is leading efforts to introduce new regulations that would require auto insurance companies to obtain state approval before implementing rate hikes. Additionally, he aims to implement a ban on excessive rate increases and prevent insurers from using occupation, gender, homeowner status or credit score as factors in calculating premiums.
In a bid to protect the thriving oil and gas industry in Texas, Republican lawmakers are expanding their fight against Environmental, Social, and Governance (ESG) policies beyond financial firms, targeting insurance companies as well.
Data released Tuesday from the tort reform group Louisiana Lawsuit Abuse Watch says excessive civil court costs led to the loss of nearly 50,000 jobs in Louisiana and $3 billion in personal income losses.
In a significant escalation of their disagreements with Tesla and CEO Elon Musk, seven senators have penned a letter expressing concerns about the handling of worker and customer complaints by the electric vehicle manufacturer.
A federal appeals court on Tuesday affirmed a lower court ruling on behalf of Selective Insurance Group Inc. in a coverage dispute with Amerisure Insurance Co. over a construction accident.
A New Jersey appeals court ruled last week that an exclusion for ‘hostile/warlike action’ in insurance policies covering "all risks" didn’t bar a pharmaceutical company’s claim for damages in a cyberattack.
U.S. employment remains more resilient than expected given monetary tightening, adding 253,000 jobs in April, and pushing the unemployment down to 3.4 percent in April compared to 3.5 percent in March. Jobs growth has been positive for the last 26 months, with the U.S. economy now having replaced most of the jobs lost at the beginning of the pandemic.
As of May 2, 2023, FEMA reported that National Flood Insurance Program (NFIP) claims related to Hurricane Ian total $3.9B. Out of the roughly 48,000 claims in Florida and the Carolinas, around 95% have been closed, according to the agency.
In an issue of first impression, the Ninth Circuit Court of Appeals affirmed summary judgment for Allstate and held that the two-year statute of limitations for bad faith claims arising out of an uninsured/underinsured motorist claim begins to run when the claimant should have known about the insurer’s alleged bad faith acts, rather than when the claim is resolved.
Susan Shemanski leads a team responsible for managing the safety of 70,000 workers across 6,000 U.S. job sites. Fatigue is perhaps the most pressing worker health issues on her mind, and one she emphasized at this year’s RISKWORLD in Atlanta during her session, ‘The Future of Workplace Safety: A Case Study.’
Avoiding Bad Faith Judgements and Nuclear Verdicts: In the ’Rainmaker’, the evil insurance company Great Benefit denies a bone marrow transplant to the dying son of a policyholder. They denied coverage seven times for seven reasons.
One week before their May 1st presentation at RIMS’ 2023 RISKWORLD event in Atlanta, Ike Jenkins and Marc Vincent updated their slides with the latest figures on U.S. mass shootings. By the time they’d checked into their hotels, the figures were already outdated.
Ford Motor Co. has issued a recall for 2004 to 2006 Ranger vehicles due to concerns that replacement front passenger air bag inflators may have been installed incorrectly.
