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Staff to Share Desks as Zurich Pushes Profit Increase

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Zurich Insurance Group AG, Switzerland’s largest insurer, is shrinking office space at a key unit and will ask staff to share desks to help reverse a drop in earnings. The steps are needed to help the firm lower the combined … The post Staff to Share Desks as Zurich Pushes Profit Increase appeared first on…

City of Davenport Off Hook for Homeowners’ Sewer Backup Claims

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A jury has sided with the city of Davenport and two of its officials in a negligence lawsuit brought against them after residents complained of sewer backups in 2013. The Scott County jury reached its verdict Friday, finding the city, … The post City of Davenport Off Hook for Homeowners’ Sewer Backup Claims appeared first…

Dissenting Plaintiff Attorney Not Happy With New NCAA Head Injury Deal

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A dissenting plaintiff’s attorney told a federal judge Friday that a reworked class-action head-injury settlement with the NCAA is as bad as the one the same judge rejected in December – though other attorneys defended it. The hearing in U.S. … The post Dissenting Plaintiff Attorney Not Happy With New NCAA Head Injury Deal appeared…

Work Plan May Have Been Ignored in Washington Bridge Fatal Accident

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Officials in the Washington city where a concrete slab fell from an overpass and killed a young family in a pickup below say they would’ve closed the roadway if they had known heavy work was being performed on the structure. … The post Work Plan May Have Been Ignored in Washington Bridge Fatal Accident appeared…

True Religion Jeans Subcontractors Underreported $78M in Payroll

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Sung Hyun Kim and her sister Caroline Choi, CEOs of sewing companies that were subcontracted by True Religion Brand Jeans were arrested this week along with their CPA, Jae Kim, on 18 felony counts of workers’ compensation insurance fraud totaling … The post True Religion Jeans Subcontractors Underreported $78M in Payroll appeared first on Claims…

Car Owners to Continue Fight With GM for Billions After Bankruptcy Ruling

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General Motors Co. car owners will still seek $7.5 billion for the diminished value of recalled vehicles, despite a ruling that largely freed the automaker from liability for wrongdoing before its 2009 bankruptcy. That number was supplied by a lawyer … The post Car Owners to Continue Fight With GM for Billions After Bankruptcy Ruling…

Senate Panel OKs Changes to Michigan Auto Insurance Law

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A legislative panel on Wednesday quickly approved changes to Michigan’s auto insurance law, voting to reduce how much insurers pay for medical care, establish an anti-fraud authority and create a new entity to cover expenses for people catastrophically hurt in … The post Senate Panel OKs Changes to Michigan Auto Insurance Law appeared first on…

Men Indicted for Causing Train Wreck in Insurance Fraud Scheme

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Two men in South Carolina face seven federal charges after authorities say they parked a car on train tracks, causing an Amtrak train to derail, then came back and claimed they were injured in the crash. Prosecutors say 33-year-old James … The post Men Indicted for Causing Train Wreck in Insurance Fraud Scheme appeared first…

Florida’s Hurricane-Free Run Has Insurer Bracing for Storms

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Florida hasn’t been hit by a hurricane since 2005, the longest stretch in more than a century. Its state-run property insurer isn’t taking any chances. Even though forecasters predict this year will produce the fewest named Atlantic storms since 1997, … The post Florida’s Hurricane-Free Run Has Insurer Bracing for Storms appeared first on Claims…

Washington Contractor Ordered to Pay $1M in Workers’ Comp Premiums, Fines

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A former drywall contractor in Walla Walla, Wash., must pay more than $1 million in delinquent workers’ compensation premiums and penalties. The Washington State Board of Industrial Insurance Appeals recently held Shawn A. Campbell and his spouse personally liable for … The post Washington Contractor Ordered to Pay $1M in Workers’ Comp Premiums, Fines appeared…