Monthly Archives: <span>April 2025</span>

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 …

PG&E Misses 1Q Profit Estimates on Higher Expenses, LA Wildfire Worries Linger

PG&E Corp. missed first-quarter profit estimates on Thursday, as the power company was hurt by higher operating and interest expenses. Higher-for-longer interest rates push up borrowing costs for utility companies, which typically need more capital for expenses such as maintaining …

People Moves: Ryan Specialty Appoints Kelleher President of SUITELIFE Underwriting Managers

Ryan Specialty, headquartered in Chicago, Illinois, appointed Chris Kelleher president of SUITELIFE Underwriting Managers effective June 30. The hotel and resort industry-focused managing general underwriter is a part of the Ryan Specialty Underwriting Managers division of Ryan Specialty. This new …

Wife of Former US Sen. Bob Menendez Convicted in Bribery Scheme

Nadine Menendez, the wife of former U.S. Sen. Bob Menendez, was convicted of teaming up with her husband to accept bribes of cash, gold bars and a luxury car from three New Jersey men looking for help with their business …