Author: completebodyneeds
A federal judge overseeing thousands of cancer lawsuits against Bayer AG and its Roundup weedkiller said he had “grave concerns” about whether a proposed $7.25 billion class-action settlement in Missouri could properly address future claims outside the state. At a hearing last week, US District Judge Vince Chhabria in San Francisco questioned whether an accord reached in a Missouri state court would be legally binding on plaintiffs elsewhere, especially former Roundup users who have yet to file their claims because they haven’t developed cancer. Chhabria also criticized some specific terms of the deal and the way backers persuaded a St.…
Did you hear that Florida’s 55-year-old “no-fault” auto insurance statute has been repealed? Most people in the Florida insurance industry probably know that is not true. But a number of recent websites and postings by Florida plaintiffs’ law firms and even those of a few insurance agencies have suggested otherwise, leading to some confusion and questions about the state’s personal injury protection law. “Florida No Fault Insurance Repeal 2026,” reads a search-engine headline from the Aronberg & Aronberg law firm website. “Florida Senate Votes to End No-Fault Insurance,” reads another, posted on the Brooks Law Group site. “If you have…
The California Department of Insurance is taking action against State Farm over an investigation that reportedly shows the carrier has been mishandling insurance claims from the January 2025 Los Angeles wildfires. A CDI filing alleges violations of the Unfair Insurance Claims Practices Act, including 398 violations identified in a market conduct examination. The CDI and California Insurance Commissioner Ricardo Lara ordered the market conduct examination based on consumer complaints that they say documented a pattern of unlawful behavior in more than half of the claims reviewed. Related: Public Interest Groups Backing California Homeowners Insurance Bills According to the CDI, State…
Alabama has a new law governing captive insurance companies, and supporters hope it means that state regulators will soon lift a moratorium on new captives. “The law takes effect in June, so we’re hoping that maybe by the end of summer the moratorium will be ended,” said Travis Bowden, president of Crossroads Risk Management, a captive management firm active in Alabama and Georgia. A spokesperson for the Alabama Department of Insurance said: “Now that the act has been signed into law by Governor Ivey, the department is working to determine the best timing for bringing the moratorium to an end.”…
Westcap Insurance Services announced the launch of its new Excess Liability product, further enhancing its ability to deliver comprehensive risk solutions to clients in the construction and manufacturing sectors. The new offering is designed to complement existing coverages by providing additional layers of protection above primary liability policies. Westcap’s Excess Liability product enables insurance professionals to deliver broader, more flexible coverage options tailored to complex and evolving risk profiles. Westcap is a managing general agency and specialty program manager with three decades of casualty expertise. The company focuses on non-admitted casualty solutions for the construction and manufacturing industries, offering exclusive…
A massive, fiery explosion at a house in Queens sent several New York City police officers flying through the air early last Thursday morning as they were responding to a call of a man inside armed with a knife and the smell of gas. Eight officers were treated for minor injuries — including burns and at least one head laceration — after the blast, and all of the people who were inside the building have been accounted for, though several were taken to a hospital, police said. Police body camera video of the explosion shows officers about to enter a…
American farmers are ignoring US Department of Agriculture surveys in the latest sign of distrust in government data. Reply rates for the USDA’s annual prospective planting report sank in March to a record low, with just over a third of 73,800 farm operations surveyed answering questions on the acres they will plant this spring of everything from corn and soybeans to tobacco and chickpeas. That compares with about 60% of farmers responding in 2018, with replies declining in each year since, according to government records. Farmers say they are wary of sharing data to inform reports they feel often work…
Kansas Insurance Commissioner Vicki Schmidt announced a Wyandotte County man has been sentenced to 16 months in prison for insurance fraud. Christopher Dunn, aged 33, pleaded guilty on March 2, 2026, in Wyandotte County District Court to one felony count of insurance fraud. Dunn filed an insurance claim falsely stating his vehicle had sustained damages during an accident when he had intentionally caused the damage while fleeing from police during a traffic stop. He pleaded guilty and was sentenced on April 10, 2026, to 16 months in prison with 12 months of probation following his release. The Kansas Department of…
A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses — and it proposes federal guardrails so that a public beset by affordability pressures could see savings. The analysis by the Vanderbilt Policy Accelerator obtained exclusively by The Associated Press details how insurers are paying out less on claims after an accident, natural disaster or other misfortune than they did decades ago. For every $1 collected in premiums, insurers reimbursed 62 cents for claims in 2024, down from an average loss ratio of 80 cents in the 1980s and 1990s. The…
Global management consulting firm Oliver Wyman has agreed to acquire CR3 Partners, a consulting firm specializing in restructuring, management consulting, and bankruptcy advisory services. The terms of the transaction, which is expected to close later this quarter, were not disclosed. CR3 Partners is a Dallas-based national turnaround and performance improvement firm with additional offices in Atlanta, Boston, Charlotte, Chicago, Houston, Los Angeles, New York, and Richmond. The firm has led transformations across industrials, retail, healthcare, energy and financial services. As part of the transaction, 62 professionals from CR3 Partners will join Oliver Wyman in multiple cities. William Snyder is senior…
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