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Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion

Nov 22 2024 // Pending arbitration claims against liquefied natural gas exporter Venture Global LNG Inc. from several of its customers have grown to nearly $6 billion, according to a bond document seen by Bloomberg.Claims in cases by...

Florida Citizens’ Brass Tired of ‘Clickbait’ News on its Hurricane Claims Denials

Nov 22 2024 // Officials with Florida’s Citizens Property Insurance Corp. took issue Thursday with a number of national and Florida news reports that have suggested that the insurer has the “worst rate” on paying claims...

Bankruptcy Judge Approves Rockville Centre Diocese $320M Sex Abuse Claims Fund

Nov 19 2024 // A federal bankruptcy judge has approved a Chapter 11 plan for the Roman Catholic Diocese of Rockville Centre, New York that includes a $320 million fund to compensate victims of clergy sexual abuse and settles insurance...

Insurer, Contractors Allege Staged Injury Claims Scheme Under New York Scaffold Law

Nov 19 2024 // A construction industry captive insurer along with three construction contractors have filed a lawsuit alleging a massive New York fraud scheme involving staged workplace accidents and bogus workers’ compensation and...

Company Settles for $250K Over Hazardous Waste Claims at California Facility

Nov 18 2024 // The U.S. Environmental Protection Agency announced a settlement with a firm over claims of violations of hazardous waste regulations at the company’s facility in Irvine, California. Edwards Lifesciences LLC will pay...

Claims Analysis: Roofs Define Luxury Homes’ Insurability

Nov 18 2024 // The insurance industry is facing a significant rise in roof-related claims. The combination of increasingly severe weather events, inflation-driven repair costs and the growing issue of roofing scams has created a perfect...

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