Louisiana’s Fourth Circuit Court of Appeal reversed a trial court decision and allowed a restaurant to pursue its claim for COVID-related business interruption losses in a 3-2 decision. Cajun Conti LLC v Certain Underwriters at Lloyds was the first lawsuit filed in March 2020 in response to COVID-19 shutdown orders. Oceana Grill, a 500-seat restaurant… Continue reading Louisiana Appeals Court Reverses Ruling, Allows Restaurant to Seek COVID BI Losses
Author: Farkas Laura
EPA Warns that ‘Forever Chemicals’ Pose Health Risks Even at Very Low Levels
The Environmental Protection Agency (EPA) is warning that two nonstick and stain-resistant compounds found in drinking water are more dangerous than previously thought, posing health risks even at levels so low that they cannot currently be detected. The two compounds, known as PFOA and PFOS, have been voluntarily phased out by manufacturers in the United… Continue reading EPA Warns that ‘Forever Chemicals’ Pose Health Risks Even at Very Low Levels
Insurance Agents in Louisiana Scramble to Find Homeowners Coverage Amid Policy Cancellations
Insurance agents are feeling the pressure as they scramble to find new coverage for tens of thousands of Louisianans who are losing their home insurance this month and next month. “I worked until 2:30 in the morning writing policies,” Ross Fayard, owner of Amstate Insurance says. Fayard was already dealing with finding new coverage for… Continue reading Insurance Agents in Louisiana Scramble to Find Homeowners Coverage Amid Policy Cancellations
Berkley One Expands Into Four New States
Berkley One (a Berkley Company), an insurance provider for modern, sophisticated individuals and families, has expanded its personal insurance portfolio to Delaware, Montana, South Carolina and Wyoming. Insurance solutions from Berkley One are now available in 29 geographies. “Always moving forward is not only our brand promise but also our approach to accelerating our expansion… Continue reading Berkley One Expands Into Four New States
Jimcor Announces New Hire: Brokerage Specialist for Professional Liability
Jimcor Agency, Inc. a national wholesale broker & MGA announced a new Brokerage Specialist: Professional Liability based in Maryland with the hire of Mark Baldwin. Baldwin is the most recent hire in the Professional Liability Practice group led by Joseph Schneider and was most recently with Hull & Company prior to joining Jimcor. He specializes… Continue reading Jimcor Announces New Hire: Brokerage Specialist for Professional Liability
First Indemnity Moves Home Office to Boston, Massachusetts
First Indemnity, a specialty insurance agency dedicated to professional liability products for lawyers and law firms, is moving its home office to the company’s 23,222 square foot offices at One Beacon Street in Boston. The company was previously headquartered in Lynn, Massachusetts. The move to First Indemnity’s offices located within Boston’s 16th tallest building will… Continue reading First Indemnity Moves Home Office to Boston, Massachusetts
Elon Musk Sued for $258 Billion Over Alleged Dogecoin Pyramid Scheme
On Thursday, a Dogecoin investor sued Elon Musk for $258 billion, accusing him of running a pyramid scheme to support the cryptocurrency. Plaintiff Keith Johnson accused Musk, electric car company Tesla Inc, and space tourism company SpaceX of racketeering in promoting Dogecoin and driving up its price, only to see it plummet. Musk is the… Continue reading Elon Musk Sued for $258 Billion Over Alleged Dogecoin Pyramid Scheme
FTC to Increase Scrutiny of Pharmacy Benefit Managers Over Rebates, Fees
In a renewed effort to combat soaring healthcare costs and drug prices, the Federal Trade Commission (FTC) voted unanimously Thursday to increase scrutiny of pharmacy benefit managers, who act as middlemen between drug companies and consumers. The five-member commission, which includes two Republicans, voted to increase scrutiny of the discounts that pharmaceutical middlemen seek from… Continue reading FTC to Increase Scrutiny of Pharmacy Benefit Managers Over Rebates, Fees
New Litigated Claims Jumped in June for Florida’s Largest P&C Insurers
CaseGlide, the industry’s leading claims litigation management software provider, compiles a wide range of claims data from various segments and geographies. Litigated claims specific to the majority of Florida’s largest P&C insurance organizations are one of the most interesting data sets that we regularly collect and analyze. For Florida’s largest P&C insurers, new litigated claims… Continue reading New Litigated Claims Jumped in June for Florida’s Largest P&C Insurers
After Yellowstone, Floodwaters Menace Montana’s Largest City
Floodwaters that wiped out miles of Yellowstone National Park roads and hundreds of bridges and swamped scores of homes in surrounding communities moved downstream Wednesday, threatening to cut off fresh drinking water to residents of Montana’s largest city. The Yellowstone River was flowing at a historically high level of 16 feet (4.9 meters) as it… Continue reading After Yellowstone, Floodwaters Menace Montana’s Largest City