Summary of Connecticut Insurance Department's notice regarding inflation percentages.
Because of the language in the policy, the insurer was found to be liable for the policy limits which were more than five times the statutory cap.
Natural disasters caused global losses of $65 billion in the first half of 2022, says a new mid-year report from Munich Re.
It's on one small law firm to pay more than $11,000 in Virginia State Bar sanctions after no one reviewed the firm's bills or bank statements for years except for its bookkeeper, who was ultimately convicted of embezzling nearly $650,000.
Because of the language in the policy, the insurer was found to be liable for the policy limits which were more than five times the statutory cap.
"We try to handle the kind of cases that will make a difference to a lot of people – not just our clients," said Darren Penn of Penn Law.
A Tesla, a young driver, and excessive speed lead to tragedy.
A Tesla, a young driver, and excessive speed lead to tragedy.
A 10-year, no-poach enforcement agreement will start in December, and the firm agreed to pay the seven-figure penalty, which amounts to $50,000 for each month it had the illegal agreements in effect.
Governing case law is often critical to resolving claim disputes, and as this case illustrates, this does not mean that only the case law one party believes supports its opinion is relevant in a given case.