December 22, 2023
Property insurance contracts often contain provisions requiring insureds to “incur” costs before insurance companies issue payments. For example, “ordinance or law” provisions provide “you may use up to 25% of the limit of liability that applies . . . for …
December 21, 2023
(Reuters) – Novo Nordisk has sued one compounding pharmacy and refiled a lawsuit against another after finding their products claiming to contain the active ingredient for its in-demand weight-loss drug Wegovy were impure, some by as much as 33%. The …
December 21, 2023
NASHVILLE, Tenn. (AP) –Tennessee prisons are severely understaffed, with a vacancy rate at one prison of 61%, leading to unsafe conditions for both inmates and guards, a state audit of the prison system found. The audit by the state comptroller`s …
December 21, 2023
NormanMax Insurance Holdings, the Miami, Florida-based parametric re/insurance group, has received “in principle” approval from Lloyd’s to launch a syndicate, which will be managed by Apollo Syndicate Management Ltd. NormanMax Syndicate 3939 aims to commence underwriting in April 2024, focusing …
December 21, 2023
Tax collectors in more than 30 Florida counties have joined a lawsuit against a home-hardening and energy efficiency program, arguing that it misleads homeowners and saddles them with huge property tax bills. The Florida PACE Funding Agency has pushed back, …
December 21, 2023
Latin America’s wealthiest investors are taking their fortunes to Miami at one of the fastest clips in history, with some fleeing regional turmoil and others lured by yields higher than they can find at home. For JPMorgan Chase & Co. …
December 20, 2023
WEST PARK, Fla. (AP) — Four people were injured in an explosion early Tuesday that severely damaged a Florida house, authorities said. Investigators were focused on gas as the possible cause. The Broward Sheriff`s Office said in an email the …
December 20, 2023
(Bloomberg) — Bird Global Inc., the company that put electric scooters onto the sidewalks of major cities, filed for bankruptcy with a plan to sell itself two years after raising $414 million from shareholders. The Miami-based company listed assets and …
December 20, 2023
FORT LAUDERDALE, Fla. (AP) — A former Florida sheriff`s deputy is claiming he had no legal duty to confront the gunman who murdered 17 people and wounded 17 others at Parkland`s Marjory Stoneman Douglas High School nearly six years ago, …
December 20, 2023
WEST END, N.C. (AP) — Jesse Wimberley burns the woods with neighbors. Using new tools to revive an old communal tradition, they set fire to wiregrasses and forest debris with a drip torch, corralling embers with leaf blowers. Wimberley, 65, …