Insurance Journal News Feed

Insurance Journal news feed

1. Jury Says Medtronic Owes $88 Million in First Trial Over Covidien’s Hernia Mesh

   Medtronic must pay an Alabama man and his wife $88 million, a federal jury decided on Tuesday, in the first case to go to trial out of thousands facing the company from people claiming they were injured by hernia-repair mesh …

2. Amazon’s Zoox to Levy Fares, in US First for Controls-Free Taxis in Vegas

   Amazon.com Inc.’s Zoox robotaxi division will start charging fares next week in Las Vegas, marking a first in the U.S. for autonomous vehicles without driver controls. Zoox will charge Vegas customers starting Aug. 10, with fares calculated from a base …

3. LDI Introduces One-Time Process for Military Auto Insurance Discount

   The Louisiana Department of Insurance has revised the application process for military members to receive a 25% discount on the liability portion of their auto insurance premium. Under a bulletin issued this week by Commissioner Tim Temple, eligible service members …

4. Illinois Agrees to $20M Settlement With Distributor of Popular Vape Brands

   Illinois Attorney General Kwame Raoul announced a settlement with the entities responsible for distributing Posh, one of Illinois’ bestselling disposable vape brands. The settlement resolves allegations the entities violated the Illinois Youth Prevention Vaping Act by selling unauthorized flavored e-cigarettes …

5. Kansas Insurance Commissioner Schmidt Loses GOP Primary for Governor

   Kansas Insurance Commissioner Vicki Schmidt’s bid to become the state’s next governor came up short Tuesday. Schmidt finished third in the Republican Primary, losing to state senator Ty Masterson. Schmidt received 13.7% of the vote. Schmidt was elected insurance commissioner …