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Lindberg creditor drops state Supreme Court appeal while pursuing ‘dissipating assets’

An insurance company attempting to collect $600 million from former top North Carolina political donor Greg Lindberg is withdrawing its appeal to North Carolina’s highest court. The company said in a court filing Tuesday that its latest legal action is tied to efforts...

Peoria man says 60 cent mistake is keeping his ‘gap insurance’ claim from being paid

PEORIA, AZ (AZFamily)- Manny Munoz bought his BMW back in 2020 and says it’s been great to drive. But more than seven months ago, someone rear-ended Manny’s car.The damage looks minor from the photos he took, so Manny was surprised to learn that...

An explainer and research roundup

Facebook Twitter LinkedIn Reddit Email As artificial intelligence infiltrates virtually every aspect of life, more states in the U.S. are seeking to regulate (or at least monitor) its use. Many are passing legislation, issuing policy rules or forming committees to inform those decisions. In...

Insurance – Discovery – Case assessments

Listen to this article Where plaintiff insurers seeking a declaratory judgment under G.L.c. 176D have moved to compel production of case assessment materials including information from jury consultants and focus groups, that motion should be denied because the requested documents and materials have...

Business Moves

National Neptune Flood, Charles River Data Private flood insurer Neptune Flood reported it acquired Charles River Data, a Boston-based data science consulting group. Charles River Data was founded by data scientists from Google and BCG GAMMA to offer...

Florida Regulators’ Move to Oust Insurer Execs May Not Hold up in Court

Current and former leaders with Florida property insurers have had some strong reactions to state regulators’ recent efforts to oust company executives who previously helmed now-insolvent carriers. Some have called the unprecedented regulatory action unfair,...