$65M Settlement Proposed in New York Polluted Water Lawsuit

Plaintiffs in a federal class action lawsuit could get payments and medical monitoring as part of a proposed $65.25 million settlement with three companies over chemical contamination of the water supply in an upstate New York village. The Times Union …

Original source: https://www.insurancejournal.com/news/east/2021/07/23/624095.htm

Judge OKs Distribution For $192M South Carolina Failed Nuclear Project Settlement

Investors who lost fortunes in the failure of a multi billion-dollar nuclear reactor construction deal in South Carolina will soon begin to see their portions of a $192 million settlement, under a recently approved distribution. Last week, a federal judge …

Original source: https://www.insurancejournal.com/news/southeast/2021/07/21/623696.htm

Boys Scouts Reaches $850M Settlement With Group of Sex Abuse Survivors

The Boy Scouts of America reached settlement with a major group of sex-abuse survivors, a defining moment in the organization’s bankruptcy case. The Boy Scouts have offered $850 million in cash and other assets to 60,000 abuse victims, including $59 …

Original source: https://www.insurancejournal.com/news/national/2021/07/02/621201.htm

Uber to Pay $3.4M to Drivers in Seattle Gig Worker Leave Law Settlement

Uber has agreed to pay more than $3.4 million to 15,000 drivers after making mistakes related to Seattle’s pioneering paid sick leave law covering gig workers. Amid the COVID-19 pandemic, the Seattle City Council in 2020 temporarily extended sick and …

Original source: https://www.insurancejournal.com/news/west/2021/06/25/620300.htm

Irdai asks insures to be more transparent in health insurance claims settlement, specify reasons of denial

"All the insurers shall ensure putting in place systems to enable policyholders track the status of cashless requests/claims filed with the insurer/TPA through the website/portal/app or any other authorised electronic means on an ongoing basis. "The status shall cover from the time of receipt of request to the time of disposal of the claim along with the decision thereon," said the regulator.

Original source: https://health.economictimes.indiatimes.com/news/insurance/81615693?utm_source=RSS&utm_medium=ETRSS