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Home Surveillance Video Leads to Arrests for Insurance Fraud in Alleged Staged Auto Collision in California
A home surveillance video camera helped lead investigators to five Southern California residents for allegedly staging an auto collision to collect an insurance payout. Each defendant has been charged with one felony count of insurance fraud after an investigation by … Source: Claims Journal
Read MoreArgenta Promotes Grinberg To Chief Claims Officer
Argenta Syndicate Management Ltd. promoted Jacqui Grinberg to chief claims officer. Grinberg’s principal focus will be to develop and drive Argenta’s claims strategy to align more closely claims and underwriting teams. Grinberg joined Argenta in 2023 as deputy head of … Source: Claims Journal
Read MoreGlencore, Viterra Sue Louis Dreyfus for $200 Million Cotton Loss
Glencore Ltd. and Viterra BV have filed a lawsuit in New York claiming they lost more than $200 million from failed bets on cotton futures in 2011 because Louis Dreyfus Co. “manipulated and artificially inflated” prices. The dispute is the … Source: Claims Journal
Read MoreReport: Retaliation Was Most Common Form of Workplace Discrimination
Retaliation was the most common form or workplace discrimination, while Tennessee had the highest rate of workplace discrimination charges at 79 per 100,000 people, an examination of Equal Employment Opportunity Commission data shows. The EEOC data showed Arkansas (77 charges … Source: Claims Journal
Read MoreProgressive Q4 Net Income Up 141% as Combined Ratio Exceeds Goal for 2023
Progressive Corp. said fourth quarter 2023 net income jumped to nearly $2 billion compared to about $826 million a year ago during the same period. The Mayfield Village, Ohio-based insurer reported some quarterly and year results as it announced its … Source: Claims Journal
Read MorePacifiCorp Fire Victim Who Leapt in River Awarded $9 Million
A jury ordered a Berkshire Hathaway Energy Co. unit to pay nine homeowners at least $62 million for failing to prevent some Oregon wildfires in 2020, including $9 million for a man who jumped off a cliff into a river … Source: Claims Journal
Read MoreSamsara Accuses Rival Motive of Stealing Its Vehicle-Tracking Technology
Samsara Inc., a maker of vehicle tracking software, sued rival Motive, accusing the startup of systematically stealing its technology. Motive Technologies Inc., formerly known as KeepTruckin, “based much of its product line and even its business strategy on routinely stealing … Source: Claims Journal
Read MoreNew Jersey Expands Workers’ Compensation for First Responders
New Jersey Gov. Phil Murphy recently signed into law a change in workers’ compensation coverage for volunteer and professional public safety and law enforcement personnel. The new law (A-5909/S-4267) amends current workers’ compensation law to add that a response to … Source: Claims Journal
Read MoreFlorida Senate Committee Adopts Litigation Funding Rules; Expands Wrongful Death
Litigation financing could soon become more transparent and less influential in Florida, but a 34-year-old restriction on who can file medical malpractice wrongful death claims would be expanded under bills approved Monday by a key Florida legislative panel. The Senate … Source: Claims Journal
Read MoreJ&J Agrees to Resolve Talc Investigations in 42 States
Johnson & Johnson on Tuesday said it had reached a tentative settlement to resolve probes by U.S. states into whether it misled consumers about the safety of its talc products, which thousands of lawsuits claim can cause cancer. The deal … Source: Claims Journal
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