A federal judge on Wednesday declined to dismiss wrongful death and liability claims filed against the company that owns the Colorado movie theater where 12 people were shot to death last summer. Cinemark USA filed a motion in federal court …
The Los Angeles school district will pay millions of dollars to settle claims and lawsuits filed by students and families from an elementary school where a third-grade teacher was accused of spoon-feeding children semen in what he called “tasting games,” …
A jury on Wednesday convicted a Spokane, Wash. man of insurance fraud and attempted theft after claiming $200,000 for a snow-damaged patio cover. Keith R. Scribner, 48, is set to be sentenced April 16 in Spokane County Superior Court. The …
Atmospheric and Environmental Research (AER), a member of the Verisk Analytics Family of Companies, has upgraded its AER Respond and historical AER Benchmark products. The upgraded service provides a 15 percent improvement in the ability to validate hail claims. “Until …
Central Texas was buffeted with winds in excess of 60 mph on Monday and the damage continues to be assessed. Homeowners are urged to contact their insurance agent or company if they have sustained roof damage. Insurance agents from the …
Policyholder education about insurance coverage wording is a critical challenge for the property/casualty insurance industry. But who should be doing the teaching — agents or carriers? During a recent industry meeting, a personal lines insurance industry expert suggested that agents …
At least one industry analyst says that good risk management is protecting insurers as they face a new normal level of catastrophe losses. Other experts believe luck is playing a bigger role than skill. Speaking at the Property/Casualty Insurance Joint …
Louisiana Citizens Property Insurance Corp. has finalized a $20 million settlement related to claims handled after hurricanes Katrina and Rita, wrapping up one of two remaining storm-related settlements that have weighed on the company. Orleans Parish Civil District Judge Kern …
Chevron Corp. has paid $10 million in claims stemming from the Aug. 6 crude unit fire at its 245,000-barrels-per-day refinery in Richmond, Calif., the company said. So far, 23,900 claims have been made due to the blaze that sent a …
Businesses and individuals who claim BP’s oil spill in the Gulf of Mexico cost them money have been paid more than $1 billion through the company’s class action settlement with a team of private plaintiffs’ attorneys, court-supervised claims administrator Patrick …
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