Monthly Archives: <span>August 2019</span>

How VW Emissions Scandal Hurt Other German Car Makers’ Reputations and Profits

The fallout from Volkswagen’s 2015 emissions scandal cost other German car makers billions of dollars in sales, according to new research from Notre Dame University. In 2015, Volkswagen was exposed for bypassing U.S. emissions standards by equipping their diesel-engine cars …

Judge Leans in Favor of Broad Opioid Settlement Opposed by Municipalities, Drug Firms

A federal judge on Tuesday expressed support for a novel plan by lawyers representing cities and counties suing drug companies over the U.S. opioid epidemic that would bring every community nationally into their settlement talks despite objections from most states. …

Vanderbilt Doctors Admit Operating on Wrong Kidney in $25M Patient Suit

Two doctors at Vanderbilt University Medical Center have said under oath that they mistakenly operated on the wrong kidney during a 2017 surgery. The Tennessean reports Dr. Kelvin Moses, a Vanderbilt assistant professor of urology, and Dr. Elizabeth Green, a …

IICF Promotes Myatt to VP, Chief Program Officer

The Insurance Industry Charitable Foundation (IICF) has promoted Betsy Myatt to vice president, chief program officer, effective Aug. 1. In this newly created role, Myatt will focus on the continued expansion of IICF conference programming and thought leadership in the …

Maine’s Largest City Proposes Retail Licensing Rules for Marijuana Businesses

Officials in Maine’s largest city are proposing licensing regulations for recreational and medical marijuana businesses. The Portland Press Herald reports the proposed rules include a cap of 20 recreational marijuana retail locations citywide, a $10,000 annual license fee and a …

Baltimore County Settles Excessive Force Suit for $1M

Baltimore County will pay more than $1 million to settle claims by the family of a 21-year-old who died days after an encounter with police officers and medical workers. The Baltimore Sun reported Monday on the settlement. The family of …

5 Firefighters, Baby Injured in 7-Alarm Fire at Bronx Apartment Building

Authorities say five firefighters and a baby were injured in a seven-alarm fire that tore through a Bronx building. Fire officials say the fire early Monday at a five-story building in the Concourse Village section injured a 9-month-old child and …

Florida Supreme Court Dismisses Long-Awaited Case on AOB Policy Language

The Florida Supreme Court has reversed course and decided not to hear a controversial case regarding the validity of certain language around assignment of benefit agreements, instead ruling that a law passed by the Florida Legislature this session, and which …

Willis Towers Watson Adds Braun to Willis Re Life, Accident & Health Team in Maine

Willis Towers Watson has added Thomas Braun as senior vice president to the Willis Re Life, Accident & Health Segment’s medical team in Portland, Maine. Braun joins Willis Re from a specialty benefits, stop loss and managed care underwriting management …

AM Best Upgrades Credit Rating of State Farm Florida Insurance Co.

AM Best has upgraded the FSR to A- (Excellent) from B++ (Good) and the Long-Term ICR to “a-” from “bbb+” of State Farm Florida Insurance Co. (State Farm Florida) based in Winter Haven, Fla. The outlook of these ratings has …