Monthly Archives: <span>March 2017</span>

Iowa Jury Awards $127M in Teen Party Assault Case

An Iowa man, who allowed his teenage child to invite friends to his house for a party, provided them alcohol and then had sex with a 13-year-old girl after she was drunk, has been ordered to pay $127 million to …

Oklahoma County Settles Traffic Death Lawsuit for $500K

Oklahoma County commissioners have agreed to pay $500,000 to settle a lawsuit filed by the family of a man killed in a traffic crash involving a sheriff’s deputy. The Oklahoman reports a judge approved the settlement last week. County commissioners …

Arkansas House Passes Tort-Reform Amendment Capping Punitive Damages, Fees

The Arkansas House has approved a proposed state constitutional amendment that would ask voters to limit some attorney’s fees and punitive damages in lawsuits. The House voted 65-29 for the joint resolution and sent it back to the state Senate …

$1M Insurance Scam Death Leads to 14-Year Sentence for Houston Man

Officials say a Houston man must serve 14 years in prison for his role in the 2014 slaying of a North Texas housekeeper in a $1 million insurance scam. Bernard “Little Joe” Gorman was sentenced Monday in Fort Worth in …

California Tour Bus Crash Leaves 1 Killed, 26 Injured

A tour bus crossed into oncoming traffic and hit two cars head-on, killing one woman and injuring 26 others in the Southern California high desert, according to the California Highway Patrol. It’s unclear why the tour bus crossed into the …

San Jose Flooding Resulted in $73M in Damages, City Official Says

A San Jose, Calif. official says an initial estimate puts damage costs from last week’s flooding of several residential neighborhoods at $73 million. Assistant City Manager David Sykes said flood damage to private property is estimated at $50 million. He …

Heffernan in California Names Huang Assistant VP of Employee Benefits

Walnut Creek, Calif.-based Heffernan Insurance Brokers has named Edward Huang assistant vice president of employee benefits. Huang an enterprise sales background ranging from financial services to software as a service. Heffernan has California offices in San Francisco, Petaluma, Menlo Park, …

Argo’s Carr to Head U.S. Cyber Insurance Unit for Brit Global Specialty

Brit Global Specialty USA is launching a Cyber and Technology team and has hired Michael Carr appointed as senior vice president to lead the offering. Carr was formerly Technology practice leader for Argo Group. He has 30 years of experience …

Effective Cybersecurity Strategy Rests on People, Not Just Technology

While many organizations continue to focus on the technology aspect of cyber defense, which is crucial, they often do so at the expense of people risks, which represent the largest source of data breach claims. New claims data analysis from …

House Republicans’ Report Hits ‘Too Big to Fail’ Designation Process

Congressional Republicans are taking aim at the regulatory process through which some financial institutions become subject to heightened regulation because they are deemed too big to fail. In a report released on Tuesday, Republican staff members of the House of …