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Georgia Residents Arrested for Staging Car Crash

Insurance Commissioner Ralph Hudgens says seven central Georgia residents accused of staging a car crash have been charged with insurance fraud. An investigation by Hudgens’ Fraud Division revealed that on September 5, 2013, Kokeythia B. Glover, Stephanie James, Alicia Bell, … Source: Claims Journal

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Underground Explosion Blasts Indianapolis Manhole Covers Into Air

Underground explosions shot manhole covers into the air at a busy downtown Indianapolis intersection on Thursday, disrupting commuters, closing businesses and raising concerns about safety as the city prepares to host the Final Four next month. It wasn’t immediately clear … Source: Claims Journal

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Hedge Funds Betting on Lawsuits Growing Trend

For better or worse, the lawsuit-finance market continues to grow. Hedge funds and others speculating on litigation are making more and larger bets. Some corporate lobbyists warn that the new financial engineering encourages wasteful courtroom warfare, but investor demand for … Source: Claims Journal

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