Is there a conspiracy among the pharmaceutical companies to fix the price of drugs? This is exactly what Blue Cross and Blue Shield and HMO of Louisiana are alleging. Under the name Louisiana Health Service Indemnity Company, Blue Cross and HMO Louisiana filed the suits in the U.S. District Court for the Eastern District of [...]
In November 2013, China detected genetically modified traits in U.S. corn shipments. Because China had not approved the genetically modified trait, it halted U.S. corn imports. The following month, the Chinese government issued a warning notification strengthening the inspection and supervision of the import of genetically modified feed materials. This notification required the testing of [...]
Congress is set to reform the National Flood Insurance Program later this year. We have written before about how the NFIP has needed reform for years — it is $25 billion is debt. One of the suggested ways to fix some of the problems with the NFIP is to make it easier for private insurers [...]
Those working for popular ridesharing companies such as Uber or Lyft might be putting themselves at considerable risk by only having personal auto insurance. Ridesharing drivers are required to carry auto insurance that conforms with state law and then the company typically provides a secondary liability insurance policy to cover damages sustained as a result of a work-related [...]
April 20, 2017 marked the 7th anniversary of the tragic BP Oil Spill. That event cost 11 men their lives, seriously injured dozens, and caused billions of dollars in economic damages to businesses along the Gulf Coast. But seven years later, the Gulf of Mexico is still hurting. Scientists at Virginia Tech University recently completed the [...]
Walking might still be the safest way to travel, but a new report released by the Governors Highway Safety Association shows that the risks have increased significantly. There has been an 11% increase nationwide in the number of pedestrian deaths from 2015 to 2016. This is the highest increase for a single year. Fatalities are [...]
As we have noted in previous posts, flood insurance policyholders have deadlines they must comply with to ensure full and fair payments from their insurance companies. These deadlines are critical — failure to meet them can result in denial of claims. One of the most critical deadlines is the deadline for the insured to provide [...]
While we have complaints about inadequate appraisals and underpayments to our clients recovering from the Great Flood of 2016, we know that the National Flood Insurance Program is a critical component of this — and future — recoveries in Louisiana and elsewhere. It is critical that homeowners who do the right thing and pay premiums [...]
Insurance is a special type of contract. The consumer pays premiums to the insurance company. In return, the insurance company pays benefits to the consumer if one of the things that the consumer is paying premiums to protect against – like damage from a flood – occurs. But because of the special nature of the [...]
Recent victims of flooding in Louisiana need to be aware of some of the basic facts of flood insurance: Homeowner’s insurance does not typically cover flood damage. Flood damage is compensated from flood policies issued under the National Flood Insurance Program. The NFIP covers up to $250,000 for the structure of the home and $100,000 [...]