Monthly Archives: <span>May 2016</span>

Beazley Enhances Coverage for Small Healthcare Businesses

Beazley has expanded its medical professional liability coverage for small healthcare providers with new policy enhancements, increased standard coverage and enhanced service levels. Policies now also include privacy breach response services provided through Beazley’s dedicated breach response unit. Beazley’s small …

Jury Convicts Florida Doctor of 162 Counts of Health Care Fraud

A federal jury has convicted a north Florida doctor of 162 counts of health care fraud. U.S. Attorney Christopher Canova said in a news release that 59-year-old Dr. Ona Colasante defrauded Medicare, Medicaid and Blue Cross Blue Shield of Florida …

Schwarzenegger Discusses Risk at California Insurance Forum

It turns out characters like Conan the Barbarian, the cyborg from Terminator and Dutch the protagonist in the original “Predator” movie, know a thing or two about risk. Definitely the actor who portrayed them does. Actor Arnold Schwarzenegger on Monday …

Uber Drivers’ Unpaid Mileage Expenses Total $730 Million, Lawyers Claim

Drivers who worked for ride-hailing service Uber in California and Massachusetts over the past seven years would have been entitled to an estimated $730 million in expense reimbursements had they been employees rather than contractors, according to court documents made …

Personal Lines Insurance Prices Inched Up in April

Auto and home insurance buyers in the U.S. paid slightly more for their insurance in April compared to the prior six months. It’s not clear whether a pricing trend is starting or catastrophe losses drove a temporary price change, according …

Former New Jersey Lawyer Gets 2 Years for Falsifying Asbestos Suits

A former New Jersey lawyer has been sentenced to serve two years in federal prison after admitting he fraudulently added defendants to more than 100 asbestos lawsuits in New York. Federal prosecutors say Arobert Tonagbanua deleted the names of actual …

Pennsylvania Officials: $11M Fine Against Uber Could Stunt Tech Growth

Pennsylvania Gov. Tom Wolf and Pittsburgh-area officials want the state’s regulators to greatly reduce their record-setting $11.4 million fine against ride-sharing company Uber. The Public Utility Commission fined Uber last month for operating six months in 2014 without the required …

Hiscox Launches New US Flood Cover

Hiscox London Market has launched a new flood product for U.S. homeowners — FloodPlus. Working with wholesale brokers in the US to distribute the new product, FloodPlus offers higher limits and a wider scope of cover than policies provided by …

South Dakota City Set to Observe Tornado Anniversary

A full day of activities is planned in Delmont, S.D. on Tuesday to observe the one-year anniversary of the tornado that damaged the city. On the morning of May 10, 2015, an EF-2 tornado struck the city and damaged or …

Wisconsin Gun Shop Gets Sued by 2 More Wounded Officers

A second lawsuit is set for trial against a U.S. gun shop after a jury in October found the store negligently sold a gun used to injure two Milwaukee police officers. The new case involves two different injured officers who …