insurance policy News

Landlord in Fatal Maine Apartment Fire to Pay $300K Settlement

A landlord who was sentenced to prison following a fire that killed six people in Maine has agreed to pay close to $300,000 in settlements to the victims’ families. The Bangor Daily News reports Gregory Nisbet will pay $45,000 to …

Conviction Stands for Delaware Murder-for-Hire Mastermind

Delaware’s top court has denied the appeal of the man convicted of masterminding the murder-for-hire killings of his business partner and the partner’s wife. The News Journal reports the Delaware Supreme Court ruled Tuesday that Christopher Rivers’ first-degree murder conviction …

Repairs After Massachusetts Library Flooding Estimated to Cost $300K

Officials estimate it will cost about $300,000 to repair a Massachusetts library after a burst pipe dumped thousands of gallons of water into the building. The Pollard Memorial Library in Lowell, Mass., remains closed after a pipe broke in early …

Trial Nears for Final Defendant in Delaware Murder-For-Hire Case

A judge is holding a final case review for the last of four defendants charged in the murder-for-hire killings of a Delaware couple. Monday’s court proceeding comes as a trial looms for Dominique Benson in the 2013 deaths of Joseph …

Two Firms Fight Insurance Claim on Boat That Sank Off Massachusetts

Two firms are trying to avoid reimbursing a Connecticut native for the loss of his boat after it sank with his mother on board under suspicious circumstances. The Hartford Courant reported Thursday the National Liability & Fire Insurance Co. and …

Trial Date Nears for Two Defendants in Delaware Murder-For-Hire Case

A judge is meeting with attorneys as the trial date nears for two men charged in the murder-for-hire killings of a Delaware couple. Tuesday’s pretrial conference involved Dominque Benson and Aaron Thompson, who are charged in the 2013 deaths of …

Man Convicted of Burning Down His Rhode Island Restaurant to Collect Insurance

A Massachusetts man has been convicted of burning down a restaurant he owned in Rhode Island. Federal prosecutors say 51-year-old Daniel Saad was attempting to collect on a nearly $1 million insurance policy when he set fire to Snow’s Clam …

Lloyd’s of London Offers Wildfire Insurance to Oregon at Higher Rates

The state of Oregon has a chance to continue its unique insurance policy that helps pay for fighting wildfires in big burning years – but at a higher premium and deductible. Lloyd’s of London has offered to cover up to …

Wildfire Spending In Oregon Triggers Lloyd’s Insurance Policy

Oregon’s tough wildfire season has pushed spending to the point the state Department of Forest is tapping its special insurance policy for the second year in a row. The Bulletin reported that state wildfire costs exceeded the $20 million deductible …

Bank Told To Pay $3.2M For New Mexico Foreclosure Despite Insurance

A New Mexico judge has issued a $3.2 million judgment against Wells Fargo & Co. for foreclosing on a man’s home after his death, even though he had a purchased an insurance policy through the bank that would have paid …