California City to Pay $7M to Family of Man Killed by Officer October 30, 2020 A San Francisco Bay Area city has agreed to pay $7.3 million to settle a lawsuit by the family of...
Officials Release Details About Deadly Hawaii Skydiving Crash October 30, 2020 By Caleb Jones and Jennifer Sinco Kelleher Federal officials released documents this week that provide details about one of the deadliest civil aviation accidents of the past...
Jerry Falwell Jr. Files Suit Against Liberty University Claiming Reputational Damage October 30, 2020 By Elizabeth Blosfield The former president and chancellor of Liberty University (LU), Jerry Falwell Jr., is suing the school for reputational damage following...
Nautilus Insurance Names Joyce as President; Kuzma to Become Chairman October 30, 2020 Scottsdale, Arizona-based specialty insurer Nautilus Insurance Group announced the appointment of Thomas Joyce as president. He is succeeding Tom Kuzma,...
Pennsylvania Judge Allows COVID Business Loss Suit Against Lloyd’s to Advance October 30, 2020 By Andrew G. Simpson Lloyd’s of London lost its initial bid to squelch a coronavirus business interruption lawsuit brought by a Philadelphia bar and...
It Would Take P/C Insurers 150 Years to Pay COVID-19 Business Interruption Losses October 30, 2020 By L.S. Howard The world’s property/casualty insurers would have to collect business interruption insurance premiums for 150 years in order to absorb the...
McDonald’s Black Franchisees File New Discrimination Lawsuit October 30, 2020 By Jonathan Stempel McDonald’s Corp. was hit on Thursday with a potentially multi-billion-dollar lawsuit by Black franchise owners who accused the fast-food giant...
Reinsurers’ Investment Strategies Offer Buffer for Low Interest Rates, Pandemic: S&P October 30, 2020 By L.S. Howard A decade of low interest rates and tough underwriting conditions has led reinsurers to cautiously invest in riskier and more...
NTSB Investigating Tennessee Bus Crash that Killed Child, Driver October 30, 2020 Federal and state authorities on Wednesday investigated a crash between a school bus carrying 24 children and a utility vehicle...
Florida Property Insurance Market Inches Closer to Crisis – Part 2 October 30, 2020 By Amy O'Connor The Florida Office of Insurance Regulation is monitoring the state’s property insurance situation that is seen as in a crisis...