A San Diego jury has awarded more than $46 million to a man who suffered a catastrophic spinal injury during a beginner jiu-jitsu class five years ago, attorneys said. Jack Greener was enrolled at Del Mar Jiu-Jitsu Club in 2018 …
The vast majority of commercial property, i.e., assets, are no longer physical. The majority of commercial assets are intangible. In fact, the overwhelming majority of assets owned by insurance agencies are intangible. They consist of those things called “expirations.” Other …
The California Privacy Protection Agency finalized its first substantive rulemaking package to further implement the California Consumer Privacy Act, which was approved by the California Office of Administrative Law. The approved regulations, which are effective immediately, update existing CCPA regulations …
Nearly a third of injured workers in Massachusetts sought treatment for strains and sprains in a hospital emergency room, while in California and Nevada only 10% did, according to a study by the Workers’ Compensation Research Institute. That wide disparity …
A longtime Las Vegas attorney was indicted on federal charges that he orchestrated a $460 million Ponzi scheme spanning multiple states, from Nevada and Utah to California and Arizona. The eight-count indictment accusing Matthew Wade Beasley of wire fraud and …
Geico General Insurance Co. must face a class action suit alleging it has been underpaying benefits to its insureds injured in automobile accidents. U.S. District Court Judge Dora L. Irizarry in federal court in Eastern New York certified the class …
A judge ruled that BNSF Railway intentionally violated the terms of an easement agreement with the Swinomish Indian Tribal Community in Washington by running 100-car trains carrying crude oil over the reservation. The ruling in the civil case comes after …
A Cognizant report published last year, titled a pragmatist’s guide to the Metaverse, said if you ask three people what the Metaverse is, you’ll get three different answers. Insurance Journal recently tested that theory — and dissected the developing virtual …
California Insurance Commissioner Ricardo Lara and the California FAIR Plan Association agreed to more than double its existing commercial coverage limits to $20 million for businesses unable to find coverage in the normal insurance marketplace. Lara and the FAIR Plan …
What can insurance carriers expect in 2023 in terms of new codes and construction technologies in the wake of one of the most devastating natural disasters that the nation has ever experienced? Much stronger building and site development regulations in …
