South Carolina’s highest court further reduced the penalty against a Johnson & Johnson subsidiary accused of deceptive marketing of an anti-psychotic drug. The decision was to substitute the verdict the court reached in February in order to correct a “mathematical …
The Massachusetts Department of Industrial Accidents (DIA) reduced the assessment that private employers pay to the state on workers’ compensation policies to 5.75 percent of the policy premium for the new fiscal year, down from 5.8 percent during the last …
The Tennessee Supreme Court has determined that, in health care liability lawsuits, the obligation to disclose the number of violations of the certificate of good faith requirement does not compel any disclosure if there are no previous violations. The court …
Vermont regulators recently issued a bulletin addressing the issue of price optimization in personal lines ratemaking, warning insurers that adjustments to rates may not be based on non-risk-related factors. The Vermont Department of Financial Regulation (DFR) Insurance Bulletin No. 186 …
West Virginia Attorney General Patrick Morrisey has reached a $5.75 million settlement with Nationwide Insurance regarding a discount on certain insurance products for the state’s Farm Bureau members. Former Attorney General Darrell McGraw filed the lawsuit in McDowell County in …
Maryland is appealing the federal government’s denial of disaster aid to help the state and Baltimore recover millions of dollars in riot-related costs. The Federal Emergency Management Agency denied Maryland’s request for a major disaster declaration last month, saying aid …
A Raleigh, N.C., man has been charged with eight counts of insurance fraud, eight counts of obtaining property by false pretense, four counts of attempting to obtain property by false pretense and four counts of providing a false statement on …
The popular ridesharing service Uber has announced it is leaving Broward County, Florida. The company said July 6 that it will withdraw completely from the county on July 31. Uber had previously agreed to withdraw from the airport and port …
As social media buzzed about church fires in the South, investigators said July 2 that weather caused a destructive blaze at a predominantly black church in South Carolina. The State Law Enforcement Division said in a statement that investigators found …
Dale Randol has been promoted to president and CEO of San Antonio-based IBC Insurance. He replaces his father, Edwin “Eddie” Randol, who becomes chairman of the agency. Both men joined IBC in 2000 when IBC acquired Eddie M. Randol Insurance. …
