$4.66 Million
A jury in Napa, Calif., awarded the Marin School Insurance Authority $4.66 million stemming from a lawsuit against its long-term third-party claims administrator, ESIS Inc., according to insurance and regulatory litigator Daniel Sovocool of Thelen Reid Brown Raysman & Steiner LLP, who represented the plaintiffs. Sovocool predicts that the verdict will lead to more scrutiny of third-party claims administrators and could propel similar suits around the country. ESIS, based in Philadelphia, is part of the ACE USA insurance company. ESIS was owned by CIGNA until it was sold to ACE in 2000. ESIS served for decades as the workers’ compensation claims administrator for the Marin risk pool. An independent audit commissioned by the school districts in 2004, however, indicated that Marin’s claims, handled out of ESIS’ Fremont, Calif., claims office, were not properly administered.
6.0
An earthquake struck near the northeastern Nevada town of Wells, causing major structural damage to some older masonry buildings, igniting fires and bursting windows. According to reports, the shock was felt in 225 different ZIP codes and as far away as Idaho, nearly 100 miles from the epicenter.
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