Posts by Y@DminG
Chicago Eyes Overhaul of City’s Workers’ Compensation Program with Help from Gallagher
Chicago Mayor Lori E. Lightfoot said the city will partner with Gallagher Bassett, a public sector claims administrator, as well as Gallagher Global Brokerage Risk Program Administrators, to overhaul the city’s workers’ compensation program after an independent audit found system … Source: Claims Journal
Read MoreCourt Nixes Insurers’ $65 Million Payment Linked to Stanford Ponzi Scheme
A federal appeals court on Monday threw out a settlement requiring insurers to pay $65 million to a court-appointed receiver for companies once run by Allen Stanford, the Texas financier serving a 110-year prison term for running a large Ponzi … Source: Claims Journal
Read MoreOhio College Faces $44M in Damages Over Racially-Charged Relationship with Local Business
An Ohio college ordered to pay $44 million in damages to the owners of a market who said the school ruined their business by branding them as racists said the jury awards are “not the final outcome.” “We are disappointed … Source: Claims Journal
Read MoreTexas Housing Program Aims to Rebuild Faster after Disaster
HOUSTON — For Houston resident Scenacia Jones, the experience of getting her new home through an innovative way of building post-disaster housing was like an experiment. Jones and her two children had been living in a shelter for single parents … Source: Claims Journal
Read MoreRain Leaves Veggie Farmers Struggling with No Aid in Sight
DES MOINES, Iowa — Like farmers throughout the Midwest, this spring’s torrential rains turned Andrew Dunham’s land into sticky muck that set him back nearly a month in planting his crops. Unlike other farmers, though, Dunham won’t get a piece … Source: Claims Journal
Read MoreKansas Supreme Court Strikes Down Cap in Injury Cases
TOPEKA, Kan. — The Kansas Supreme Court on Friday ruled that the state’s cap on damages for noneconomic injuries in personal injury lawsuits is unconstitutional. The court ruled 4-2 that capping damages an injured person is able to recover in … Source: Claims Journal
Read MoreIllinois Farmers Give Up on Planting after Floods, Throw Party Instead
DEER GROVE, Ill. — The Happy Spot was a little depressed. Dozens of corn farmers and those who sell them seed, chemicals and equipment gathered on Thursday at the restaurant in Deer Grove, Illinois, after heavy rains caused unprecedented delays … Source: Claims Journal
Read MoreInvestors Uneasy about Undisclosed Dam Safety Risks
LONDON — Investors with a combined $12.5 trillion in assets, including the Swedish National Pension Funds and the Church of England, could review their stakes in resource companies that use storage dams if they do not release information to assess … Source: Claims Journal
Read MoreHail Storms Are Getting More Expensive, and No One Is Sure Why
In 2008, the year the stock market crashed and Barack Obama won the presidency, the U.S. was hit with a weather phenomenon little noted by anyone beyond the insurance industry. The country’s losses from hail breached $19 billion in inflation-adjusted … Source: Claims Journal
Read MoreDairy Industry Wants You to Know Vegan ‘Butter’ Isn’t Actual Butter
Miyoko Schinner is a perfect illustration of the American dream. To the U.S. dairy industry, however, she is something altogether different. A Japanese immigrant, Schinner started a small company that blossomed into a wildly successful vegan cheese maker, one with … Source: Claims Journal
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