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16 05, 2022

$560M Comite River Canal Designed to Limit Baton Rouge, Louisiana Flooding

By | May 16th, 2022|Uncategorized|Comments Off on $560M Comite River Canal Designed to Limit Baton Rouge, Louisiana Flooding

You can’t quite see it yet from Plank Road or La. 19 near Zachary, but work crews are building a man-made river from scratch. Down inside a huge, wide “V” carved out of the earth, concrete pillars for a bridge …

16 05, 2022

$230M Settlement Reached in 2015 California Oil Spill

By | May 16th, 2022|Uncategorized|Comments Off on $230M Settlement Reached in 2015 California Oil Spill

The owner of an oil pipeline that spewed thousands of barrels of crude oil onto Southern California beaches in 2015 has agreed to pay $230 million to settle a class-action lawsuit brought by fishermen and property owners, court documents show. …

16 05, 2022

Louisiana Court Tosses COVID-Related Charges Against Pastor

By | May 16th, 2022|Uncategorized|Comments Off on Louisiana Court Tosses COVID-Related Charges Against Pastor

The Louisiana Supreme Court threw out charges Friday against a pastor who flouted restrictions on gatherings early in the coronavirus pandemic, ruling 5-2 that the governor’s executive orders violated freedom of religion. “This is a tremendous win for religious civil …

16 05, 2022

Florida CFO Wants More Insurance Fraud Investigators, Education Campaign

By | May 16th, 2022|Uncategorized|Comments Off on Florida CFO Wants More Insurance Fraud Investigators, Education Campaign

Ahead of next week’s special legislative session, Florida’s chief financial officer is asking lawmakers for $6.5 million to fund 23 new investigative positions and to launch a public education campaign, part of his proposal to combat insurance fraud and reduce …

16 05, 2022

Natural Disasters, Ukraine War Weigh on Q1 Results of Europe’s Major Reinsurers

By | May 16th, 2022|Uncategorized|Comments Off on Natural Disasters, Ukraine War Weigh on Q1 Results of Europe’s Major Reinsurers

Three out of four of the major European reinsurers reported their profits were negatively affected as a result of elevated natural catastrophe claims and a first round of claims reserves from the Russia-Ukraine war, according to Fitch Ratings in a …

16 05, 2022

White House Says $110 Billion in Infrastructure Funds Released in First 6 Months

By | May 16th, 2022|Uncategorized|Comments Off on White House Says $110 Billion in Infrastructure Funds Released in First 6 Months

The White House on Monday said it has released $110 billion in funding from the $1 trillion infrastructure package that seeks to fix crumbling roads, expand broadband internet and improve the electrical grid. Monday marks the six-month anniversary of President …

13 05, 2022

California Lawmakers Raise Awards for Malpractice Lawsuits

By | May 13th, 2022|Uncategorized|Comments Off on California Lawmakers Raise Awards for Malpractice Lawsuits

The California Legislature has agreed to increase how much money people can win in medical malpractice lawsuits, resolving one of the thorniest disputes in state politics by raising a cap on damages for the first time in 47 years. California …

13 05, 2022

$300,000 Settlement in Indiana Lost Eye Lawsuit

By | May 13th, 2022|Uncategorized|Comments Off on $300,000 Settlement in Indiana Lost Eye Lawsuit

Federal court documents show the settlement amount reached by an Indiana city and a man who lost an eye after being struck by a tear gas canister police fired during 2020 protests over the killing of George Floyd is $300,000. …

13 05, 2022

Arkansas Sues Drugmakers, Pharmacy Benefit Managers Over Insulin Costs

By | May 13th, 2022|Uncategorized|Comments Off on Arkansas Sues Drugmakers, Pharmacy Benefit Managers Over Insulin Costs

Arkansas’s attorney general on Wednesday accused drugmakers and pharmacy benefit managers of colluding to drive up the price of insulin drugs, the latest in a series of lawsuits to take aim at skyrocketing insulin costs. The lawsuit, filed in Pulaski …

13 05, 2022

People Moves: USG Adds Perez in Houston; One General Agency Adds 5 to Underwriting Team

By | May 13th, 2022|Uncategorized|Comments Off on People Moves: USG Adds Perez in Houston; One General Agency Adds 5 to Underwriting Team

USG Insurance Services Names AJ Perez as Producer/Broker; Commercial Lines USG Insurance Services, Inc. named AJ Perez as producer/broker: commercial lines in the Houston, Texas branch office. Perez joins the USG team with 16 years of insurance industry experience, most …