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Insurance Execs Charged With $250M Fake Policy Scheme

Government Contracts

An insurance company and two executives issued bogus insurance policies purporting to offer over $250 million in coverage to companies and homeowners, according to an indictment announced by the Manhattan district attorney Tuesday.

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Native American Tribes Defend Their Very Heritage Against Ransomware

FedTech Magazine

That means protecting tribal history at CPN’s Cultural Heritage Center museum and data in the Tribal Rolls Department, which handles membership, including tribal enrollment, burial insurance and tribal ID cards. Data is so important for a company, and that data needs to be backed up,” says tribe CIO Christopher Abel. “It

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Split 7th Circ. Clears Insurers In O'Hare Steel Defect Fight

Government Contracts

million in costs from its insurer over cracked welds in the canopy, finding that the defects in the welds and columns don't constitute property damage under its insurance policies. A split Seventh Circuit affirmed Monday a finding that the Chicago O'Hare International Airport canopy's general contractor can't recoup more than $37.5

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$143M Seattle Tunnel Insurance Suit Settles Mid-Trial

Government Contracts

A Seattle construction contractor that claimed it was wrongly denied more than $143 million in coverage for damage to a massive tunneling machine has settled its case against insurers, the parties told a Washington state judge Monday on the second day of a jury trial.

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Navigating Insurance Requirements for Success in Federal Contracting

USFCR

Understanding the ins and outs of insurance requirements is a cornerstone of success in federal contracting.

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3M Says Insurers Are Dodging Coverage Of $6B Earplug Deal

Government Contracts

3M and its subsidiary Aearo Technologies said they are having difficulties getting their insurers to pay out more than $1.5 billion in coverage after the companies reached a $6 billion deal to settle multidistrict litigation alleging their combat earplugs failed to protect the hearing of service members and veterans.

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Farmers to Pay $6.5 Million After Whistleblower Alleges They Defrauded Crop Insurance Programs

Whistleblower Network News

A qui tam whistleblower initiated a federal investigation that unveiled that the two defendants allegedly defrauded federal crop insurance programs by interfering with rain gauges. Finegan states, “Hardworking farmers and ranchers depend on USDA crop insurance programs, and we will not allow these programs to be abused.”

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