Florida Class Action Targets Litigation Funding Firm Over Data Breach
Third-party litigation financing have become big business across the country, much to the chagrin of businesses and insurance companies that have faced multi-million lawsuit verdicts. But now one Florida-based litigation funding firm, which has loaned money to plaintiffs in a …
People Moves: Virginia’s Workers’ Comp Commission Names Two Deputy Judges
The Virginia Workers’ Compensation Commission Names Two New Deputy Commissioners The Virginia Workers’ Compensation Commission (VWCC) has named two new deputy commissioners, Frederick T. Schubert II and Christopher R. Wilson. Schubert and Wilson will serve as administrative law judges under …
Medical Evaluator Demand Grows in California Workers’ Comp System
The number of qualified medical evaluators in California’s workers’ compensation system has increased since 2019, but the demand for their services has overtaken this growth, a new analysis shows. Between 2019 and 2024, the number of state-certified evaluators increased by …
More Russian Insurers Seek Indian Nod for Oil Tanker Coverage
Four new Russian companies have sought India’s approval to provide insurance for crude oil tankers docking at ports in the South Asian nation, according to people familiar with the matter. India’s shipping ministry is considering applications from Sberbank Insurance, which …
New Jersey Sues RealPage, Claiming Collusion With Landlords Drives Up Rents
New Jersey sued the property management software company RealPage, accusing it and 10 of the state’s largest landlords of conspiring to drive up residential rents, violating federal and state antitrust laws and New Jersey consumer fraud laws. The complaint filed …
Why New York and New Jersey Are at Risk of Spring Wildfires
The wildfire scorching southern New Jersey ignited despite a series of downpours in recent weeks — and the region is ripe for more blazes. April’s rains didn’t soak into the ground enough to prevent the fire from erupting at the …
Two Sentenced for Roles in Catalytic Converter Theft Ring
Prosecutors in Connecticut announced sentencing of two men involved in catalytic converter theft and trafficking. Alexander Kolitsas, 31, of Wolcott, was sentenced in Hartford to 60 months in prison, followed by two years of supervised release, for operating a catalytic …
Texas-Based Insurtech Steadily Secures $30M Series C Round
Steadily, a provider of landlord insurance in the U.S., announced $30 million in Series C funding led by Two Sigma Ventures at a $355 million valuation. Steadily serves 18 million individual rental property owners who collectively own the majority of …
Insurance Industry Charitable Foundation Establishes Minnesota Chapter
The Insurance Industry Charitable Foundation, a nonprofit organization dedicated to helping communities and enriching lives, recently announced the establishment of the IICF Minnesota Chapter, part of the IICF Midwest Division. Based in Minneapolis and serving the Twin Cities region, this …
Texas Farmers Fear Proposed Legislation Could Devastate Hemp Economy
Andrew Hill, who studied and farmed hemp in California before it was legal in Texas, was a keynote speaker at the state’s first-ever agricultural hemp expo in Dallas in 2019. Amid considerable hype and excitement that followed the recent federal …
Class Action Accuses Toyota of Illegally Sharing Drivers’ Data With Progressive
A federal class action lawsuit filed this week in Texas accused Toyota and an affiliated telematics aggregator of unlawfully collecting drivers’ information and then selling that data to Progressive. The lawsuit alleges that Toyota and Connected Analytic Services (CAS) collected …
Delta Plane Catches Fire at Orlando Airport in Latest Incident for Airline
ORLANDO, Fla. (AP) — A Delta Air Lines airplane caught fire on Monday before it was supposed to take off at a central Florida airport, forcing the evacuation of passengers, airport officials said. There were no reports of any injuries …
Minnesota Senior Living Facility Fined $73K for Pregnancy Discrimination
White Pine Senior Living, an assisted living facility in Minnesota, has agreed to pay $73,000 and provide other equitable relief to settle a pregnancy discrimination and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC). According to the …
Outsourcing Firm to Pay $250K For Discriminating Against Blind Employee in Texas
The Results Companies, A business services outsourcing firm agreed to pay $250,000 to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced. According to the EEOC’s suit, The Results Companies hired an …
Lawsuits Accuse Insurers of Colluding to Drop Coverage in Fire-Prone Parts of California
Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities at high risk for wildfires and force homeowners onto the state’s last-resort insurance plan that offers basic coverage and high premiums. …
Researchers Testing Textured Seawall in Miami to Hold Back Rising Seas
Morningside Park, a beloved neighborhood park in Miami with sweeping views of Biscayne Bay, will soon pilot an innovative approach to coastal resilience. BIOCAP tiles, a 3D-printed modular system designed to support marine life and reduce wave impact along urban …
Markel Insurance Restructures Markel Specialty, Appoints Leaders
Markel Insurance announced that its U.S. and Bermuda operations, previously known as Markel Specialty, are being divided into two business divisions: US Wholesale and Specialty, and Programs and Solutions. The changes follow the appointment of Simon Wilson as chief executive …
Jury Again Finds NY Times Not Liable in Sarah Palin Defamation Case
A federal jury in Manhattan on Tuesday found the New York Times NYT.N not liable for allegedly defaming Sarah Palin in a 2017 editorial about gun control, dealing the former Republican U.S. vice presidential candidate a second loss at trial. …
Thai-Chinese Firm Denies Flouting Safety Measures in Probe of Skyscraper Collapse
A Thai-Chinese company denied Monday allegations its steel rods did not pass safety standard tests after nationwide criticism prompted an investigation into the collapse of a high-rise building under construction after an earthquake last month in Bangkok. Authorities are probing …
FBI Says Cybercrime Costs Rose to at Least $16 Billion in 2024
Cybercrime of all stripes cost victims globally more than $16 billion dollars last year, the Federal Bureau of Investigation said in a report released on Wednesday. The losses—a one-third increase over 2023—were largely driven by low tech scams, such as …