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News Archives - Insurance Journal
Surprise Golf Marriage of PGA and LIV Risks Antitrust Scrutiny
The PGA Tour and Saudi Arabia-backed challenger LIV Golf avoided calling their proposed partnership a merger. But their shock announcement is already raising serious concerns with US and European antitrust enforcers, according to people familiar with the matter. The tie-up, …
POSTED JUNE 08, 2023 5:53 AM |
Boeing Accused in Lawsuit of Stealing Trade Secrets for NASA Rocket
Boeing was sued on Wednesday by a Colorado company that accused the aerospace giant of stealing trade secrets for NASA’s Space Launch System rocket, and then building components with “critical” safety flaws that could endanger astronauts. Wilson Aerospace said it …
POSTED JUNE 08, 2023 5:29 AM |
Florida OIR Approves Roof Endorsements That Could Bar Non-Storm Claims
Despite the Florida Legislature taking major steps to rein in the cost of roof claims and litigation, at least two insurers have come out with broad roof endorsements that seek to bar claims for wear and tear, poor workmanship and …
POSTED JUNE 08, 2023 5:01 AM |
Washington Commissioner Issues $398K in Fines
Washington Insurance Commissioner Mike Kreidler issued fines in April and May totaling $398,500 against insurance companies for violations of state insurance laws and regulations. Following is a list of reported violations the commissioner’s office issued: Insurance companies LifeWise Health Plan …
POSTED JUNE 08, 2023 5:00 AM |
Washington Paying $3.1M to Settle Suit Over Evidence
Washington state is set to pay $3 million to settle a lawsuit over alleged severe neglect at an adult family home – in addition to more than $300,000 in penalties levied by a judge for wrongful withholding of evidence, officials …
POSTED JUNE 08, 2023 5:00 AM |
Rhode Island AG Lawsuit Says Landlord Puts Tenants at Risk
A Rhode Island landlord whose tenants have long complained about lead hazards, rodent infestations and other problems with their apartments was sued Tuesday by the state attorney general, who said conditions at many properties put renters’ health and safety at …
POSTED JUNE 08, 2023 5:00 AM |
FIFA Made False Claims About Carbon Neutrality at Qatar World Cup: Regulator
Soccer’s world governing body FIFA made false and misleading statements about the reduced environmental impact of the 2022 World Cup in Qatar, a Swiss regulator said on Wednesday. The Swiss Fairness Commission, the self-regulatory body of the advertising and communications …
POSTED JUNE 08, 2023 5:00 AM |
Delaware County, Police Seek Dismissal of Wrongful Death Lawsuit
Attorneys for Delaware’s largest county and three police officers asked a federal judge on Tuesday to rule in their favor in a lawsuit stemming from a fatal police shooting in 2021. The family of Lymond Moses is suing New Castle …
POSTED JUNE 08, 2023 5:00 AM |
Actor Gooding Settles Civil Sex Abuse Case, Averting Trial in New York
Just as a trial was to begin, it was revealed Tuesday that Cuba Gooding Jr. has settled accusations that he raped a woman in a New York City hotel a decade ago, according to court records. The actor had insisted …
POSTED JUNE 08, 2023 5:00 AM |
Agent in California Arrested for Falsifying Evidence And Perjury
Bail agent Fausto Atilano, 60, of Temecula, California, was arrested this week on multiple felony counts of falsifying judicial records, perjury, and preparing false evidence, after a California Department of Insurance investigation found he allegedly created fraudulent motions to deprive …
POSTED JUNE 08, 2023 5:00 AM |
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