The 26 causes of action include federal RICO claims, Florida’s Deceptive and Unfair Trade Practices Act, common law fraud and unjust enrichment. GEICO is seeking compensatory damages, treble damages under RICO, punitive damages, attorney’s fees and a court declaration that the Clinic defendants have no right to payment on any pending bills. Total alleged damages…
Similarly, Stephen Rudman, head of maritime – Asia at Aon, outlined some priority actions, including: issuing formal notices of cancellation under the standard seven-day war clauses on some annual hull war policies; Withdrawal or modification of the existing quoted Additional Premium (AP) for transit through listed high-risk areas; Reinstatement of cover is being offered at…
The case began with a ransomware attack on May 21, 2022, in which a threat actor encrypted CiCi’s computer systems and threatened to publish exfiltrated data unless a ransom was paid. CiCi had a cyber insurance policy issued by HSB with an aggregate limit of $3,000,000, subject to a $50,000 retention. Following the attack, CiCi…
demand for special coverage Industry research shows that the global market for insurance for high net worth individuals continues to expand. Valued at approximately $106.6 billion in 2024, forecasts predict the HNW insurance market will grow steadily through the end of the decade as affluent families seek specialized protection for wealth, luxury properties and complex…
According to court filings, on July 1, 2022, an employee employed by Perennial was injured when a steel door he was removing fell on him, allegedly causing injuries to his lumbar and cervical spine, which required two spine surgeries. The worker sued Gilbane and Highbridge, alleging negligence and violations of New York Labor Law sections…
The case began in June 2022, when thirteen Farmers entities – including Farmers Texas County Mutual Insurance Company, Mid-Century Insurance Company and Farmers Insurance Exchange, among others – filed a federal lawsuit against a collection of chiropractic clinics, pain management centers, clinical facilities and individual physicians in the Southern District of Texas. The defendants included…
For insurance professionals working in Arkansas domestic entities – specifically licensed home insurers, home health maintenance organizations (HMOs), home hospitals and medical services corporations, home title insurers, and other home insurance entities reporting to the Arkansas Insurance Commissioner – the operational implication stated by the Arkansas Department of Insurance is that the prescribed APPMs referenced…
The IRS, EBSA, and CMS direct commenters to submit comments using the methods set forth in the December 23, 2025 proposed rule, and to use only one method. This includes (1) following the “Submit Comments” instructions electronically through http://www.regulations.gov; (2) Regular mail: Centers for Medicare and Medicaid Services, Department of Health and Human Services, Attention:…
Jose A. Zacarias Perez worked for Gencon, a small remodeling contractor run by owner Ibn Johari of Virginia, specializing in basement, bathroom and kitchen renovations. Pérez and an associate, Nestor Lemus, were Gencon’s only two direct employees. On March 29, 2022, Pérez was seriously injured when a concrete wall at a workplace fell on him….
strategic approach “Allianz’s record results for 2025 again demonstrate our ability to deliver credibly, including in a rapidly changing and increasingly divisive environment,” said Oliver Batey (pictured), Chief Executive Officer of Allianz SE. “Customers expect security and peace of mind at a price they can afford, which is why our ability to provide better value…
