Gold medal winner turned infamous cyclist Lance Armstrong agreed to pay $5 million to settle a whistleblower suit brought against him by the federal government. The lawsuit came after Armstrong’s televised confession to using performance-enhancing drugs to help him win seven Tour de France titles. Read more about the case.  
Wells Fargo will pay $1 billion in fines after admitting to allegations of insurance sales abuse. The company is accused of charging excessive fees to homeowner insurance policyholders, along with a number of other related allegations. Learn more about the well-known insurance company’s actions that likely affected millions.  
In October 2017, the district court presiding over western Texas ruled in favor of Southwest Airlines in a wrongful termination lawsuit brought by former employee, Tate Clark. Clark alleged the airline fired him for his absence due to chronic migraines despite the fact that he had FMLA in place because of his condition.
The Insurance Professionals of Jackson will host their 20th annual golf tournament to benefit the group's various community service projects on Thursday, April 26, 2018. Proceeds from the tournament will help support local organizations such as the Sunnybrook Children's Home and the Battered Families Shelter, along with a number of other community service foundations. Lunch will be served and hor d' oeuvres will be served during the awards ceremony. Registration starts at 11:30 with shotgun beginning at 1 p.m. If you are unable to attend, you can still donate to this wonderful cause.
The auto parts producer who supplied Uber’s self-driving vehicles with radars and cameras says the popular driving service company disabled safety features in their equipment that could have saved the life of a pedestrian struck by one of Uber’s self-driving Volvos. Aptiv, Plc.
After a 2-1 split decision determining the 2017 fiduciary rule was not consistent with the term’s historical meaning or with the legislative intent set by Congress when ERISA was enacted, the 5th Circuit Court of Appeals has vacated the “fiduciary advice rule” in its district. This decision is inconsistent with other related federal court cases, most of which upheld the fiduciary rule. Learn more. 
Gloria Armendariz sustained multiple injuries, including a fractured wrist and torn rotator cuff, after her foot became stuck in a pallet she says was misaligned at her local Walmart store. Armendariz claims the pallet was placed at an angle and made it nearly impossible to go through the aisle when the incident causing her injuries took place.
In September 2013, Melton Dean Wells passed away after being hospitalized for weeks due to West Nile encephalitis (WNE), a disease contracted from a bite by a mosquito carrying the West Nile virus. Though Wells suffered from other ailments before contracting WNE, including obesity and diabetes, his widow contended that his death was solely caused by the disease contracted from his mosquito bite, an accident which Mr.
A recent Supreme Court ruling requires that corporate whistleblowers report their allegations to the SEC in order to be covered under statutes meant to protect them. The Supreme Court’s unanimous decision in Digital Realty Trust, Inc. v.
Chuck Norris is suing CBS for breach of contract and unpaid profits from his immensely popular series, Walker, Texas Ranger. Norris’s contract entitled him to twenty-three-percent of profits earned from “any and all exploitations of Walker” but Norris says CBS has not held up their agreement.
The fiery former host of Hell’s Kitchen, Gordon Ramsay, found a clever way of avoiding speeding tickets in Los Angeles by covering his license plates with cling film to keep traffic cameras from capturing his tag number.
A former Mississippi insurance agent will spend the next ten years in prison after pleading guilty to one count of embezzlement from a former customer. The agent, from Terry, Mississippi, deposited more than $115,000 entrusted to him by a client for the purchase of a Nationwide Insurance policy into his personal bank account.
Hosts of a recent drone insurance webinar say drone space will be the center of the largest growth in aviation insurance in half of a century.
On March 21-22, 2018 Ole Miss Risk Management and Insurance (RMI) will host its annual Ole Miss Insurance Symposium.
Six of James Brown’s children are engulfed in a lawsuit against Brown’s allegedly bigamous spouse for devising schemes to strip them of their rightful interests in his music, including financial interests, in order to keep it all for herself.
Though the jury’s still out on whether the SEC and DOL will ever come to an agreement on a uniform standard of conduct for retirement advice givers, the Securities and Exchanges Commission appears to be inching toward the Department of Labor’s ERISA higher standards of care.
One of the largest US diversified insurance companies is getting out of the life insurance business. Liberty Mutual recently announced plans to sell its life insurance leg, Liberty Life Assurance Company of Boston, to Lincoln Financial Group.
A recent report by Lloyd’s of London and AIR Worldwide sets potential losses from cloud service failure at up to $19 billion.
Experts in the field of insuring aerospace projects say U.S. taxpayers will most likely pay the expenses for a lost mission satellite known as Zuma. The CEO for the aerospace team at insurance broker, Jardine Lloyd Thompson Group, Plc, says the U.S.
The Mississippi Court of Appeals was recently tasked with deciding if a check marked “final payment” allowed the project owner to be free and clear of further payments to a construction company though the amount of the check did not cover additional costs for the project.