A Travis County, Texas, district court has granted preliminary approval of a settlement with Farmers Insurance Group that will return $84.4 million to policyholders stemming from a 2002 homeowners insurance rate case. The case stems from a 2002 lawsuit by …
Dale Randol has been promoted to president and CEO of San Antonio-based IBC Insurance. He replaces his father, Edwin “Eddie” Randol, who becomes chairman of the agency. Both men joined IBC in 2000 when IBC acquired Eddie M. Randol Insurance. …
As social media buzzed about church fires in the South, investigators said July 2 that weather caused a destructive blaze at a predominantly black church in South Carolina. The State Law Enforcement Division said in a statement that investigators found …
The popular ridesharing service Uber has announced it is leaving Broward County, Florida. The company said July 6 that it will withdraw completely from the county on July 31. Uber had previously agreed to withdraw from the airport and port …
A Raleigh, N.C., man has been charged with eight counts of insurance fraud, eight counts of obtaining property by false pretense, four counts of attempting to obtain property by false pretense and four counts of providing a false statement on …
West Virginia Attorney General Patrick Morrisey has reached a $5.75 million settlement with Nationwide Insurance regarding a discount on certain insurance products for the state’s Farm Bureau members. Former Attorney General Darrell McGraw filed the lawsuit in McDowell County in …
The Tennessee Supreme Court has determined that, in health care liability lawsuits, the obligation to disclose the number of violations of the certificate of good faith requirement does not compel any disclosure if there are no previous violations. The court …
South Carolina’s highest court further reduced the penalty against a Johnson & Johnson subsidiary accused of deceptive marketing of an anti-psychotic drug. The decision was to substitute the verdict the court reached in February in order to correct a “mathematical …
More than 6.6 million homes on the Atlantic and Gulf coasts are at risk of hurricane storm surge with a total reconstruction cost value estimated to be nearly $1.5 trillion, according to an annual report released by CoreLogic on June …
GEICO has continued the expansion of its new auto insurance product for drivers of transportation network companies (TNC) with the addition of Georgia. GEICO offers ridesharing coverage through GEICO Commercial for less than taxi and commercial rates. GEICO first introduced …
