Three separate Texas healthcare providers will pay a collective $1,056,340.50 to resolve liability under the False Claims Act for the alleged improper billing of electro-acupuncture devices, the U.S. Attorney’s Office for the Western District of Texas reported. These providers – …
AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Gray Casualty & Surety Co. (GCSC), based in Metairie, Louisiana. …
A man died after becoming stuck in a manure tank on an eastern Iowa cattle farm, authorities said. The death occurred on June 8 at a farm in Stockton and was reported by authorities there the next day, the Quad-City …
A Houston hospital has suspended 178 employees for two weeks without pay for not complying with demands that they be vaccinated against COVID-19. In a memo, Houston Methodist Hospital system chief executive Marc Boom said 24,947 employees complied with the …
A judge has ruled in favor of a utility in a lawsuit filed over a 2017 natural gas explosion in southwestern Indiana that killed two women and injured three other people. A Vanderburgh County judge granted CenterPoint’s motion for summary …
Electronic Arts Inc. is investigating a recent data breach, where some of its game source code and related tools were stolen, the video game publisher said on Thursday, becoming the latest victim of a spate of cyberattacks on U.S. companies. …
AXA has offered a settlement to 15,000 French restaurant owners that purchased non-damage business interruption insurance after previously denying coverage during the 2020 COVID-19 lockdowns. AXA estimates the cost of these settlements will be approximately €300 million (US$365.5 million) before …
Wall Street accountants and lawyers are trying to figure out new equity agreements to lure investors back to the blank-check company market after the U.S. regulator cracked down on the use of warrants, six industry executives told Reuters. They are …
A federal judge in northern Illinois has dismissed a racial discrimination lawsuit brought by African-American McDonald’s franchisees accusing McDonald’s of steering them to underperforming stores. U.S District Court Judge Harry D. Leinenweber ruled that the plaintiff Black franchisees failed to …
A proposed bill in New York relating to unfair claims settlement practices would provide policyholders with a private right of action against insurers who refuse or delay payment of a claim. The bill comes as many policyholders have expressed frustration …