The Alabama Supreme Court has handed down two decisions that could have an impact on uninsured motorist claim payouts and on how construction surety bonds and contracts are defended. In MSE Building Co. vs. Stewart/Perry Co., Buc-ee’s Ltd. and Philadelphia …
A contractor has defaulted on a contract to build a $12.3 million bridge replacement on Interstate 40 in North Carolina, a state agency said. The N.C. Department of Transportation said in a news release that it terminated its contract with …
A Fremont, Neb., man has been sentenced to 18 months in federal prison for a wire fraud conviction that cost banks and insurance companies in Nebraska and Iowa millions of dollars. Thomas Herink was sentenced in Omaha’s U.S. District Court. …
A former Louisiana state senator who pleaded guilty to money laundering in a fraudulent security bond fraud case has been released from federal prison into a halfway house. The Federal Bureau of Prisons said Derrick Shepherd, 42, of Marrero, was …
Insurance regulators in Louisiana say a court has ordered a permanent injunction against members of an insurance fraud ring, banning them from further involvement in the insurance business in that state. Louisiana Insurance Commissioner Jim Donelon announced that the Nineteenth …
