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Chasing Yield, U.S. Private Equity Firms Nudge Up Risk on Insurers
NEW YORK — Private equity firms have spent nearly $40 billion buying U.S. insurance companies in recent years, promising to earn higher returns on the mountains of money that insurers set aside to pay policyholders years or decades from now. … Source: Claims Journal
Read MoreTexas Supreme Ct. Approves Discovery for Documents Related to Medical Charges
The Texas Supreme Court ruled that a defendant in a personal-injury suit has a right to review documents regarding medical providers’ negotiated rates and costs even though the providers were not parties to the suit. The high court on Friday … Source: Claims Journal
Read MoreMichigan Car Crash Victims Could Lose Care Under New Rules
LANSING, Mich. (AP) — Courtnie Bush, 16, was never supposed to wake up again, much less smile, stand and walk after she was in a car crash in December. Her mom Jenna said what Courtnie accomplished since then is nothing … Source: Claims Journal
Read MoreHouston Seethes Over Being Frozen Out of Federal Flood Funds
HOUSTON (AP) — Residents of the East Aldine neighborhood of Houston are tired of their homes flooding during hurricanes and of worrying every time it rains because their streets and waterways don’t drain well. Like the rest of the Houston … Source: Claims Journal
Read MoreLouisiana Coast Still Hurting From Storms, Bracing for More
CAMERON, La. (AP) — Scores of people in coastal Louisiana are still living in campers on dirt mounds or next to cement slabs where their houses once stood. Unresolved insurance claims and a shortage of supply and labor are stymieing … Source: Claims Journal
Read MoreSri Lanka Police Investigate Fire on Ship Off Colombo
COLOMBO, Sri Lanka (AP) — A special Sri Lankan police team has begun investigating a fire on a ship anchored off its capital, as the government seeks to take legal action against the vessel’s owners over the incident, which has … Source: Claims Journal
Read MoreJohnson & Johnson Asks High Court to Void $2 Billion Talc Verdict
WASHINGTON (AP) — Johnson & Johnson is asking for Supreme Court review of a $2 billion verdict in favor of women who claim they developed ovarian cancer from using the company’s talc products. The case features an array of high-profile … Source: Claims Journal
Read MoreFlaming Gas Leak Forces Evacuation of a Dozen Homes in Mass.
MARSHFIELD, Mass. — A gas leak ignited Saturday morning in front of a residence in Marshfield, sending plumes of flames into the air and forcing officials to evacuate about a dozen homes. The fire continue to burn throughout the day … Source: Claims Journal
Read MorePolicyholders Digging for ISO Documents to Support COVID-19 BI Claims
Plaintiff’s attorneys are looking deep into the weeds for evidence to support claims for business income lost because of COVID-19 public safety orders. Lawyers for footwear wholesaler Marc Fisher LLC and its affiliates are asking a Connecticut state court to … Source: Claims Journal
Read MoreBig Oil May Get More Climate Lawsuits After Shell Ruling — Lawyers, Activists
LONDON — A Dutch court’s decision to force Royal Dutch Shell to make deeper, faster cuts to its climate warming emissions on the basis of human rights could set a precedent, especially in European countries, according to lawyers and activists. … Source: Claims Journal
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