A federal jury has awarded a couple in Southwest Georgia $135 million in damages after sediment pollution spilled onto their property from a solar electricity project built nearby.
On Saturday, a total of six people were injured and two of them suffered life-threatening injuries after an unexpected collapse of the heating, ventilation, and air conditioning (HVAC) system that fell into a resort pool in Aurora, according to officials.
The National Oceanic and Atmospheric Administration (NOAA) has announced that it has upgraded its Probabilistic Storm Surge model to version 3.0, which will significantly enhance the ability to predict the storm surge of some of the world’s worst tropical cyclones.
Simple but sometimes overlooked negotiating skills can help reduces losses for insurers and other payers that go to subrogation, a pair of subrogation experts said.
South Korean automaker Kia has announced a recall of nearly 109,000 sport utility vehicles (SUVs) in the US market due to a software glitch in the instrument cluster that causes the display screen to go blank, making it impossible for drivers to see indicators and warning lights.
New York State lawmakers have passed the Auto Insurance Consumer Relief Act. The legislation would allow insurance companies to waive the photo inspection currently required to obtain comprehensive and collision coverage, a measure that dates back to the 1970s.
Consumers who used Intuit’s TurboTax software between 2016 and 2018 could be eligible for up to $85 as part of a 50-state settlement over the company’s tactics that allegedly tricked users into paying for tax services that should have been free.
The Federal Emergency Management Administration (FEMA) has proposed 17 changes to the National Flood Insurance Program (NFIP), aimed at boosting the program’s finances and effectiveness.
The six states where courts or legislatures have said insurers must reimburse for medical marijuana for injured workers have yet to provide guidance on how to do so, putting payers in the position of not being able to use the federal banking system to cover costs for a federally illegal substance.
Succeeding a series of new laws aimed at reducing insurance litigation, Florida lawmakers have unanimously approved a bill that will increase fines and oversight for property insurance companies.
The insurance industry dates back to ancient Babylon and China, where merchants would pool their resources to protect themselves against losses from piracy and theft. The concept landed on the U.S. shores in 1752, when Benjamin Franklin co-founded the first insurance company in Philadelphia.
New research has revealed that hundreds of industrial sites along the California coastline, such as oil and gas refineries and sewage-treatment plants, could be severely affected by flooding from rising sea levels, in the event of worsening climate change.
Louisiana’s Insurance Commissioner has imposed a fine of $2 million on Texas law firm McLenny Moseley & Associates (MMA) and its associated partners for hurricane-related insurance fraud.
The Gulf Coast insurance crisis has hit a new low as two state-chartered insurance associations are being forced to borrow hundreds of millions of dollars for the first time in three decades to pay the hurricane claims of insolvent insurers.
In a recent decision from the United States District Court for the Middle District of Florida, Tampa Division, styled KT State & Lemon, LLP et al. v. Westchester Fire Ins. Co. et al., the Court granted summary judgment to the Plaintiffs and held that a series of leaks occurring over a three-month period constituted a single ‘occurrence’ under a specific Builder’s Risk Policy.
