Southeast News

Florida Man and Three Others Sentenced for Millions in Fake Construction Bonds

A federal judge in Miami sentenced four men to at least two years in prison each for a scheme that sold worthless construction bonds for major building projects in 2015. Working under the name of Hampton Investment Fund, CHM Secure …

Cash Found in Condo Collapse to Be Distributed; Trial Could Start in Summer

A Florida judge said that lawsuits over the collapsed condominium tower in Surfside will likely go to trial by summer. But thousands of dollars in cash found in the rubble could be distributed to former residents within weeks. And the …

People: ClearPath Mutual Names Taylor CFO

Jillian Taylor, the former chief financial officer at Lawyers Mutual of Kentucky, has been named CFO at Louisville-based ClearPath Mutual Insurance Co., the company announced. Taylor has 11 years in the industry and 16 years in accounting and finance. Prior …

14 Insurers Pressing Lawsuit vs. Park Service After Gatlinburg Wildfires

Fourteen insurance companies are pressing ahead with a lawsuit against the federal government, alleging that the National Park Service did little to stop 2016 wildfires that destroyed dozens of homes and businesses in and around Gatlinburg, Tennessee. The suit, led …

Walmart Said She Shoplifted; Jury Awards Her $2.1 Million

An Alabama woman who says she was falsely arrested for shoplifting at a Walmart and then threatened by the company after her case was dismissed has been awarded $2.1 million in damages. A Mobile County jury on Monday ruled in …

Florida Appeals Court Rejects Insurer’s Attempt to ‘Retry the Claim’

An appellate court’s job is to determine whether evidence supports the workers’ compensation judge’s decision, not to weigh information about arguments that have already been rejected, Florida’s 1st District Court of Appeals said Wednesday. In Ranger Construction Industries and Charter …

Brightway, Guard Expand in Southeast States

Two insurance companies announced new and expanded operations in the Southeast, including Florida, Mississippi and North Carolina. Berkshire Hathaway’s Guard Insurance now offers commercial property coverage up to $120 million per property in North Carolina, the company said in a …

Insurers Taking Note of Big Verdicts, But Trial Lawyers Say Don’t Count on Changes

When CVS Pharmacies, just weeks after a Georgia appeals court upheld a $43 million premises liability verdict against the company, announced that it was closing 900 stores around the country, some saw it as a sign of the times. “Yes, …

OSHA Fines Georgia Grading Contractor $20,480 after Worker’s Death

If federal workplace safety requirements had been followed, a 24-year-old Georgia worker would not have been killed in a front-end loader accident in May, the U.S. Occupational Safety and Health Administration said. OSHA fined Mathis Grading Inc. $20,480 after an …

Tennessee Approves 5.6% Cut in Workers’ Comp Loss Costs; COVID Impact Uncertain

The Tennessee commissioner of commerce and insurance has ratified a 5.6% decrease in workers’ compensation loss costs for voluntary market in 2022, which will result in the ninth straight year of rate decreases for many businesses in the state. “These …

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