Monthly Archives: <span>April 2022</span>

$14M Jury Award for Protesters Comes As Other Cities Face Similar Policing Lawsuits

A federal jury’s $14 million award to Denver protesters hit with pepper balls and a bag filled with lead during 2020 demonstrations over the police killing of George Floyd in Minneapolis could resonate nationwide as courts weigh more than two …

Oberlin College Loses Appeal Over $25M Libel Judgment

An Ohio appeals court has upheld a $25 million judgment for a business that successfully claimed it was libeled by Oberlin College in the aftermath of a shoplifting incident that roiled the historic liberal arts school and music conservatory’s campus …

Japanese Insurer Tokio Marine Says Greensill Obtained Policies Fraudulently

Companies linked to insolvent British financier Lex Greensill obtained insurance fraudulently, insurer Tokio Marine said on Monday, adding it did not plan to pay out on the policies and would “vigorously defend” itself against any legal claims. Greensill’s supply chain …

Inflation a ‘Major and Growing Concern’ for Reinsurers

With buyers’ needs for capacity stable and remaining within the collective appetites of reinsurers, April 1 reinsurance renewals were orderly, according to a broker report, which points to inflation discussions and sanction exclusion wording as notable highlights. “Inflation remains a …

With Florida Rulings, Will More Insurers Require Arbitration in Claims Disputes?

A decision handed down Thursday by the Florida Supreme Court, along with a recent ruling by state regulators, could give insurers another tool that could be used to stem the tide of claims litigation. In AirBnB Inc. vs. John Doe, …

Appraisals, Water Damage Fraud Among ‘New Normals’ Discussed at PLRB

SAN ANTONIO, Texas — The use of appraisals to resolve insurance claims disputes is the new normal, even though insurers don’t trust the process to bring about a fair result, an attorney and a claims examiner said Monday during the …

New Hampshire High Court Limits Landowners’ Recreational Use Immunity

New Hampshire landowners who make their properties available to the public for recreation at no charge do not enjoy complete immunity under the state’s recreational use statute. Landowners have immunity from negligence only where the victim of negligence is actually …

PartsTrader Launches SurePart, A New Instant Parts Pricing Platform, Which Puts Accuracy at the Heart of Staff Written/IA Estimates

SurePart from PartsTrader gives appraisers unprecedented access to real market pricing quotes and live inventory feeds, greater accuracy and price guarantees from PartsTrader’s network of suppliers. Chicago, IL, April 5th, 2022: PartsTrader today launched SurePart, their new instant parts pricing …

Nationwide Doesn’t Have to Defend in Suit Against Alabama Child Molester

Nationwide Mutual Insurance Co. does not have to defend its insured, an Alabama man who abused a 10-year-old girl, leaving the victim with little recourse for winning significant civil damages, a federal appeals court decided last week. The 11th U.S. …

Rainbow Gathering Planned in Colorado Sparks Fire Concerns

DENVER (AP) — The Rainbow Gathering of the Tribes plans to return to Colorado this summer to celebrate its 50th anniversary. The weeks-long confab that draws tens of thousands of hippie campers to public lands announced this week that the …