September 4, 2024
The Hawaii Supreme Court will be asked to weigh in on an issue that threatens to thwart a $4 billion settlement in last year’s devastating Maui wildfires. Judge Peter Cahill on Maui agreed to ask the state high court questions …
December 28, 2022
A top executive for embattled North Carolina insurance executive Greg Lindberg is awaiting sentencing after pleading guilty to federal fraud charges in connection with an elaborate scheme to shunt millions of dollars from Lindberg’s insurance companies. Christopher Herwig, a chief …
August 20, 2021
Six Maryland law enforcement officers are facing federal indictment for charges related to schemes to defraud financial institutions and insurance companies. A federal grand jury has returned an indictment charging an officer for the Fairmount Heights Police Department, the Anne …
July 8, 2019
The Roman Catholic Archdiocese of New York has sued more than two dozen insurance companies, seeking to compel them to cover claims filed by people who say they were abused by clerics. Church officials anticipate that numerous alleged abuse victims …
August 9, 2018
The third transitional period for New York’s first-in-the-nation cybersecurity regulation for all Department of Financial Services (DFS) regulated entities ends on September 4, 2018. Beginning on September 4, banks, insurance companies and other financial services institutions regulated by DFS are …
August 6, 2018
A Democratic candidate for state Attorney General is seeking permission to become involved in a court case involving eastern Connecticut homeowners whose foundations are crumbling. Wethersfield state Sen. Paul Doyle filed a piled a petition Thursday in state Supreme court …
May 2, 2018
The parents of a man who died in a Virginia boating accident have reached a $4 million settlement in a lawsuit they filed over his death. Graham McCormick’s family sued his friend, John Randolph Hooper of Richmond, Va., accusing him …
April 25, 2018
The New York Department of Financial Services (DFS) has issued updated disaster response and recovery plan requirements for all insurance companies licensed to conduct business in New York state. It issued these updated requirements in light of disasters that may …
April 19, 2018
A judge has ruled that a former Connecticut insurance broker convicted of swindling millions of dollars from several elderly clients won’t have to repay the money, as originally ordered. Galan Newton was sentenced to 15 years in prison in 2001 …
April 13, 2018
A New Jersey chiropractor whose license was revoked more than 15 years ago is now headed to prison for his role in a medical fraud ring that stole nearly $4 million from insurance companies. Philip Potacco received a seven-year sentence …