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FBI Seeks Victims of Alleged Nationwide Workers’ Compensation Fraud
The FBI is seeking to identify businesses that may be victims of an alleged nationwide workers’ compensation insurance, health care insurance, and pension plan fraud scheme. The FBI is urging businesses that purchased policies from Clovis, Calif.-based American Labor Alliance … Source: Claims Journal
Read MoreU.K. Reinsurer Issues First Terrorism Risk Catastrophe Bond
A U.K. reinsurer has sold the first terror catastrophe bond, giving investors the chance to lock in high yields in return for taking on terrorism risks. The 75 million-pound ($99 million) three-year bond will pay 5.9 percent interest, state-backed Pool … Source: Claims Journal
Read MoreAmazon Crash Raises Safety Questions About Cargo Airlines
Passenger airlines in the U.S. have recorded a remarkable period of safety over the past 10 years. Not so the nation’s cargo planes. Five domestically registered aircraft have crashed since 2009 — killing 16 people — including Saturday’s violent plunge … Source: Claims Journal
Read MoreSupreme Court Rejects Latest Tobacco Industry Appeal of Smokers’ Lawsuits
The U.S. Supreme Court turned away the tobacco industry’s effort to derail lawsuits by thousands of Florida smokers, leaving cigarette makers exposed to potentially billions of dollars in liability. The justices on Monday rejected appeals by units of Altria Group … Source: Claims Journal
Read MoreSoccer Player Sala’s Plane, Pilot that Crashed in English Channel Lacked Proper Licensing
With legal implications and potential insurance claims at stake, air accident investigators in London on Monday called into question the circumstances of the flight that crashed in the English Channel while taking soccer player Emiliano Sala to Cardiff. Britain’s Air … Source: Claims Journal
Read MoreBaptisms Go On After Tornado Demolishes Mississippi Church
When it came time for Sunday services at First Pentecostal Church in Columbus, Mississippi, the congregation was ready but the church building had been blown apart by a tornado. So they picked up whatever furnishings they could salvage and held … Source: Claims Journal
Read MoreU.S. Makes Little Progress on 4-Year Long Air Bag Inflator Probe
Nearly four years ago, the U.S. government’s highway safety agency began investigating air bag inflators made by ARC Automotive of Tennessee when two people were hit by flying shrapnel after crashes. The National Highway Traffic Safety Administration estimated that 8 … Source: Claims Journal
Read MoreJury Awards $14 Million to Patient for Hospital’s Failure to Prevent Stroke
A King County, Wash. jury has awarded a West Seattle woman nearly $14 million in a medical-malpractice suit against Seattle Children’s Hospital and Children’s University Medical Group. The Seattle Times reports the jury found doctors failed to prevent a stroke … Source: Claims Journal
Read MoreJ&J May Be Helped by Missouri Ruling Against Talcum Lawsuits
A Missouri Supreme Court ruling on talc lawsuits could reduce the liability and number of large trials Johnson & Johnson faces over allegations its talc products, including baby powder, cause cancer. The ruling will likely offer some respite to the … Source: Claims Journal
Read MoreCalifornia May Further Toughen Data Privacy Law, Opening Firms to Suits
The strongest data privacy law in the country may be about to get sharper teeth, and lobbyists representing the tech industry think it’s a disastrous idea. Companies that amass user data could be the target of mass class-action litigation from … Source: Claims Journal
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