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Surfside Condo Collapse Victims Reach $997 Million Settlement

MIAMI — Families of the victims of the collapse of the Champlain Towers South condominium in Surfside, Fla., that killed 98 people last year have reached a $997 million settlement to compensate them for their staggering losses of life.The settlement, revealed at a...

Roswell spends $77K on cyber insurance

The $77,396 policy is in addition to policies approved in April to provide property, casualty and liability insurance coverage for all employees, elected officials and assets of the city.Those earlier contracts include a $1,028,109 policy with GIRMA payable through Arthur J. Gallagher &...

5th Circ. Panel Told To Keep Insurance Row In Arbitration

By Shawn Rice (May 10, 2022, 7:29 PM EDT) -- A Fifth Circuit panel offered little suggestion in oral arguments Tuesday on whether it would disturb a decision sending an excess insurance coverage dispute to arbitration over underlying lawsuits alleging that an...

drug prices can rise after enrollment

Something strange happened between the time Linda Griffith signed up for a new Medicare prescription drug plan during last fall’s enrollment period and when she tried to fill her first prescription in January.She picked a Humana drug plan for its low prices, with...

Speaker Wentworth on MCCA refunds

Speaker of the House Jason Wentworth today released the following statement after car insurance companies refunded $3 billion to Michigan drivers from the operating surplus of the Michigan Catastrophic Claims Association (MCCA): “People are really struggling with high inflation at the grocery store and...

USAA Life Insurance Company Partners With Wholesaling Firm WealthVest – InsuranceNewsNet

BOZEMAN, Mont. (PRWEB) May 09, 2022 USAA Life Insurance Company, a leading financial services brand for military members and their families, and WealthVest, a field-based wholesaling firm, have announced a strategic relationship to distribute certain USAA Life annuity products to select banks...