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Abuse Victims View Settlement Payouts as Unequal at Two Michigan Schools
Two former University of Michigan football stars who stand to receive as much as $500,000 each through the school’s sexual abuse settlement with more than 1,000 students say the per-victim payouts should be much higher, pointing to a similar case …
POSTED JANUARY 26, 2022 4:53 PM |
OakBridge Continues Regional Expansion with McNeal Agency in Georgia
Oakbridge Insurance Agency, a large regional agency in the Southeast, announced that it has acquired McNeal Sports & Wilson Risk Advisers, an independent agency in Waycross, Georgia. Oakbridge CEO Robbie Smith said the move sets the stage for further growth …
POSTED JANUARY 26, 2022 4:47 PM |
Progressive Q4, Full Year Net Income Drop Over 40%
Fourth quarter 2021 earnings at Progressive Corp. fell 43% compared with the same time period a year ago to $962.3 billion. The results were despite the personal and commercial property insurer posting an increase of 13% in net premiums written …
POSTED JANUARY 26, 2022 4:45 PM |
Ohio, Volkswagen Settle Emissions Case For $3.5 Million
Ohio has settled an environmental lawsuit with Volkswagen over the company’s 2015 emissions scandal for $3.5 million, state Attorney General Dave Yost announced. As that scandal unfolded, the automaker was found to have rigged its vehicles to cheat U.S. diesel …
POSTED JANUARY 26, 2022 4:42 PM |
California City Votes to Require Gun Liability Insurance
The city council in San Jose, California, voted on Tuesday to become the nation’s first city to require gun owners to purchased insurance coverage. Funds from an accompanying annual fee of $25 will go toward reducing gun violence. Mayor Sam …
POSTED JANUARY 26, 2022 4:32 PM |
Massachusetts Crash Victim Sues Uber for $63 Million
A Massachusetts man seriously injured in a crash while a passenger in an Uber car is suing Uber and the driver for $63 million in damages. The suit accuses Uber of negligence in the hiring the driver, who the complaint …
POSTED JANUARY 26, 2022 3:48 PM |
Las Vegas Police Paying $2.35M in Jail Restraint Death
The family of a tourist who died in Las Vegas after being strapped to a restraint chair in jail following his arrest on a trespassing charge has agreed to a $2.35 million settlement with the police department, their attorney said …
POSTED JANUARY 26, 2022 3:37 PM |
Harris Confirmed as New York Financial Services Chief
The New York State Senate has voted to confirm Adrienne A. Harris as superintendent of the New York State Department of Financial Services (DFS). Harris, a former economic advisor to President Barack Obama, was nominated by Governor Kathy Hochul in …
POSTED JANUARY 26, 2022 2:28 PM |
Tennessee Doc Pleads Guilty Then Sues Insurer After Clinic Burns Down
A Tennessee doctor who pleaded guilty to running a pill mill has now filed suit against his property insurance carrier for failing to pay after a suspicious fire destroyed his clinic. Dr. David Bruce Coffey of Oneida, in northeast Tennessee, …
POSTED JANUARY 26, 2022 2:07 PM |
Some U.S. Businesses Wary of Sanctions on Russia, Urge Safe Harbors, Exemptions
U.S. President Joe Biden has threatened to impose devastating sanctions on Russia if leader Vladimir Putin invades Ukraine, but some big companies and business groups are pushing the White House and lawmakers to be cautious. A trade group representing Chevron, …
POSTED JANUARY 26, 2022 1:53 PM |
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