Monthly Archives: <span>February 2022</span>

Tesla’s Many Dockets of Litigation Keep Lawyers and Judges Busy

Elon Musk generates a near-constant barrage of news headlines because of his tweets. It’s a lot to keep up with. Last week, he posted a Hitler meme, only to delete it hours later. On Wednesday, Musk claimed he’s been “building …

Insurers for Law Firm, Engineers in Collapsed Condo Settle with Victims’ Families

Insurers for an engineering firm overseeing major repairs at the collapsed Surfside condominium and for a law firm that advised the condo association have agreed to settle a lawsuit brought by survivors and families of the tragedy that killed 98 …

People Moves: Beazley Cyber Adds Chubb’s Cohen, Promotes Larson; Scheurle Leads Burns & Wilcox’s Cannabis; Parametrix Hires Hiscox’s Wong

Beazley Hires Two for Cyber Services Insurer Beazley announced two senior leadership hires to its global Cyber Services team. Russ Cohen has been appointed head of U.S. Cyber Services, and Bala Larson has been promoted to head of Client Experience. …

Pennsylvania Adopts Exception to Ban on an Insurer Subrogating Against an Insured

The Pennsylvania Supreme Court has sided with an insurer seeking subrogation for payments it made to an injured worker before it was determined the insurer was not obligated to make the payments. The state’s highest court (6-0) adopted an exception …

Explosion Causes Fire at Oregon Potato Chip Plant

A boiler explosion at a potato chip plant south of Hermiston, Oregon, sparked a dramatic fire Tuesday afternoon. The Tri-City Herald reports Umatilla County Fire District 1 and the Umatilla County Sheriff’s Office were called to the Shearer’s Foods plant …

Applied Underwriters to Buy Catlin Specialty From AXA XL

Applied Underwriters said it will acquire Catlin Specialty Insurance Company from the AXA XL group of companies. Applied said it will consolidate Catlin into the North American Casualty group of companies in a move intended to bolster Applied’s operating capabilities …

Pandemic Brought Surge in Illegal Street Racing Across U.S.

Jaye Sanford, a 52-year-old mother of two, was driving home in suburban Atlanta on Nov. 21 when a man in a Dodge Challenger muscle car who was allegedly street racing crashed into her head-on, killing her. She is one of …

2 of 19 Austin Officers Charged Were Involved in Settled Cases

Two of the 19 Austin police officers indicted for their actions during 2020 protests over racial injustice were involved in cases that the city paid millions of dollars to settle, according to documents made public Feb. 22 The release of …

AXA Doubles 2021 Net Income to €7.29 Billion

AXA reported a profit on Thursday that more than doubled from last year, with the French insurer recovering from pandemic-related claims during the peak of the COVID-19 crisis. The company, Europe’s second-biggest insurer after Allianz, said it expected underlying earnings …

Eye Care Network Settles $67K Disability Discrimination Suit

Blue Sky Vision, L.L.C., a management services organ­ization that provides support to eye care providers, will pay $67,590 and provide other relief to settle a federal disability-discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced …