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Jury Awards $452 Milliin in Damages For Insulin Patch Trade Secrets Theft

Insurance Journal

Medical device maker Insulet convinced a jury that Korean rival EOFlow owes it $452 million in damages for stealing trade secrets related to insulin pumps, according to a verdict made public in Massachusetts federal court on Thursday. The jury in …

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Maine Employers Face Possible Damages in Lost Wages Cases Under New Law

Insurance Journal

Maine workers will now benefit from a law that allows the state to order businesses to pay back wages as well as damages from missed wages. The law went into effect Friday and is the latest state-level effort among Democrat-controlled …

Damage 290
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Court Differentiates Vandalism from Theft in First Party Insurance Policy

The Property Insurance Law Observer

The United States District Court for the Western District of Washington decided an insurance coverage case involving Plaintiffs Benny and Guangying Cheung and Defendant Allstate Vehicle and Property Insurance Company. Plaintiffs argued that the damage was covered under the policy, primarily resulting from theft.

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Judge Triples Jury Award in Nautilus Insurance Suit Against Murdaugh Accomplice

Insurance Journal

A federal judge last week tripled the damages that Alex Murdaugh’s co-conspirator must pay to Nautilus Insurance Co., million plus significant attorney fees incurred by the insurer. bringing the total to $3.75 A jury last week found Cory Fleming, …

Damage 264
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5 Types of Insurance for Retail Stores

Central Insurance

Learn about the essential types of insurance for retail stores and how to protect against risks like theft, liability, and property damage. The post 5 Types of Insurance for Retail Stores appeared first on Central Insurance Blog.

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Protect Your Adobe Oasis with Essential Home Insurance Tips in Michigan

Shield Insurance Agency

Learn how you can secure your Michigan home against unexpected perils like breaking winds, uncontrollable wildfires, and theft in the guide from Shield Insurance Agency below. Talk to a trusted insurance agent to find out how safeguarding your home can reduce home insurance costs.

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Eight Corvettes Stolen from Kentucky Plant But Found Later, Some with Minor Damage

Insurance Journal

LOUISVILLE, Ky. (AP) AP) Thieves took eight Corvettes from the lot of a Kentucky automobile plant where the legendary muscle car is built, but officers recovered the vehicles and made an arrest, police said. The cars were taken from the …

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