Posts Tagged ‘claim’

Legal-Bay: BP claims settlement headed to Supreme Court

by MBJ Staff Published: February 17,2014

Tags: bench, BP, claim, court, energy, gas, justice, law, legal, Legal-Bay LLC, offshore drilling, Oil, oil spill, settlement, Supreme Court

NEW ORLEANS — Legal-Bay LLC, The Lawsuit Settlement Funding Company, believes the British Petroleum Inc. Business Economic Loss (BEL) claims settlement will eventually make its way to the U.S. Supreme Court under a writ of certiorari. Legal-Bay said the issues revolve around constant legal wrangling by B.P. to drastically alter the landmark settlement, by claiming […] [...]

Report: State ranks sixth-lowest in post-claim car insurance hikes

by MBJ Staff Published: December 17,2013

Tags: accident, auto, car insurance, claim, insuranceQuotes.com, Laura Adams, premium, ranking, report

SAN FRANCISCO — Drivers pay an average of 38% more for car insurance after making a single claim, according to a new insuranceQuotes.com report. The hike is steepest in Massachusetts, where just one claim leads to an average premium increase of 67%. California (+62%) and New Jersey (+59%) are not far behind. Maryland has the […] [...]

Deadline nears to file claims at troubled cemetery

GREENVILLE — Former Greenlawn Memorial Gardens owner Steve Ragland was laid to rest in the late 1990s. His successors’ clients haven’t rested since. After Ragland died, those who took control of the cemetery collected tens of thousands of dollars from people who prepaid for burial plots, grave markers, crypts and related items and services. According […] [...]

Judge to hear BP’s complaint about oil spill claims

NEW ORLEANS — A federal judge has scheduled a hearing Friday on BP’s bid to temporarily block settlement payments to Gulf Coast businesses and residents who claim they lost money after the company’s 2010 oil spill. Yesterday, BP asked U.S. District Judge Carl Barbier to suspend the payments while former FBI Director Louis Freeh investigates […] [...]

BP launches hotline to report fraudulent oil spill claims

GULF COAST — BP has set up a hotline for people to report alleged fraud involving claims arising from the company’s massive 2010 oil spill in the Gulf of Mexico. Today’s launch of the hotline comes a week after a federal appeals court heard BP’s argument that it has been forced to pay hundreds of […] [...]

Hailstorm claims exceed $209M; Chaney expects more

METRO JACKSON — The latest report from Mississippi’s major insurance carriers on the March hailstorm to the Mississippi Insurance Department (MID) shows that both claim and payment numbers continue to rise. As of the April 15 reporting period over 56,000 homeowner and automobile damage claims have been filed and claims payments are at $209.4 million, […] [...]

Insurers setting up in Fairgrounds to meet post-storm demand

JACKSON — Due to the large volume of auto claims being filed following last Monday’s hailstorm, the Mississippi Insurance Department has arranged for insurance companies to use the Mississippi State Fairgrounds as additional damage inspection stations. These sites will be in addition to the multiple locations companies have set up across the area to inspect […] [...]

Chaney expects insurers to pay only $24M for Isaac damage

ACROSS MISSISSIPPI — Private insurers expect to pay more than $24.3 million in claims in Mississippi as a result of Hurricane Isaac, Insurance Commissioner Mike Chaney says. Chaney says that as of yesterday, Mississippi’s 21 largest insurers had received 9,400 claims and paid $8.6 million. That’s tiny compared Hurricane Katrina’s $41 billion in insured damage […] [...]

Judge refuses to toss Chinese drywall claims

by Associated Press Published: September 10,2012

Tags: bench, claim, construction, court, damage, decision, defective, drywall, home, homebuilder, homeowner, house, judge, judicial, judiciary, lawsuit, real estate, ruling

NEW ORLEANS — A federal judge in New Orleans has refused to dismiss claims from homeowners who say a Chinese drywall manufacturer’s product damaged their property. Taishan Gypsum Co. Ltd. argued that U.S. courts don’t have jurisdiction over claims against the Chinese company, but U.S. District Judge Eldon Fallon rejected that argument. Fallon also refused […] [...]

Insurance Department opens more claims centers

SOUTH MISSISSIPPI — As cleanup from Hurricane Isaac continues, the Mississippi Insurance Department is setting up two additional claims centers to assist residents with their claims. In addition to MID’s Coast Office in Bolton State Office Building in Biloxi, MID will be operating a claims center in Picayune at the National Guard Armory on Highway […] [...]

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