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

Louisiana Woman Sentenced to 10 Months for Role in Operation Sideswipe

United States Attorney Duane A. Evans announced today that Donisha Lee,age 32, of Harvey, Louisiana, was sentenced for Conspiracy to Commit Mail Fraud, in violation of Title 18, United States Code, Section 371, by United States District Court Judge Sarah …

New York Giants, Jets Urge Court to Reject Deception Suit

Attorneys for the New York Giants and Jets teams have asked the court to dismiss with prejudice the amended complaint from two fans upset that the franchises have New York in their name but actually play in MetLife Stadium in …

Global Insurance Rates Continue to Moderate in Q1 – With the Exception of Cyber

Global commercial insurance prices rose 11% in the first quarter of 2022, marking the fifth consecutive reduction in rate increases since pricing peaked at 22% in the fourth quarter of 2020, according to the Global Insurance Market Index published by …

New Hampshire Restaurants Pay $890K to Settle Back Wages Claims

Two New Hampshire restaurants in Derry and Londonderry and their owner have agreed to pay $890,169 to 63 employees to resolve numerous violations of the Fair Labor Standards Act following a U.S. Department of Labor investigation and litigation. The total …

Mississippi Pharmacist, Now in Florida, Gets 10 Years in $180M Cream Scheme

Federal prosecutors say a former Mississippi pharmacist has been sentenced to the maximum 10 years in prison for a $180 million health insurance fraud scheme involving unnecessary prescriptions for expensive pain creams and other medications. Mitchell “Chad” Barrett, 55, now …

Florida Action Against Disney More Complicated Than Lawmakers May Have Known

That plan to strip the Disney Corp. of its special municipality status in Florida? It’s more complicated than many Florida officials may have realized. A week after the Florida Legislature acted with lightning speed to dissolve the Reedy Creek Improvement …

New York’s Top Court Overturns $16.5 Million Talcum Powder Cancer Verdict

The New York Court of Appeals has nixed a $16.5 million jury verdict won by the estate of a woman who died from cancer that she claimed was caused from cosmetic talcum powder. The high court found that the woman’s …

Ebix Europe Launches Exposure Management Platform: ExposureHub

London market reform technology specialist Ebix Europe announced the launch of its new platform, ExposureHub, for re/insurance exposure management. Ebix describes ExposureHub as a versatile and geospatially rich platform, powered by state-of-the-art technology and methodologies, which provides fast and accurate …

Lloyd’s Insurer Lancashire Sees Manageable Russia-Ukraine Losses

Shares in Lloyd’s of London insurer Lancashire jumped nearly 10% on Thursday as it estimated net losses in Ukraine at around $20-30 million and said further potential losses in the region were within its risk tolerance levels. Lancashire was continuing …

Update: Who’s Who in Generali’s CEO Election Drama

Philippe Donnet, who has been CEO at Europe’s third-largest insurer since 2016, is running for reappointment with the backing of Generali’s outgoing board and its leading shareholder Mediobanca. Donnet’s candidacy is opposed by Italian tycoon Francesco Gaetano Caltagirone, Generali’s second-largest …