/PRNewswire/ Pomerantz LLP announces that a class action lawsuit has been filed against Root Inc. ("Root" or the "Company") (NASDAQ: ROOT) and certain of.
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The United States District Court for the Middle District of Alabama recently predicted that the Alabama Supreme Court would refuse to recognize bad faith claims in the context of reinsurance disputes if it was presented with the question. The district court therefore granted a reinsurer’s motion to dismiss several bad faith claims against it.
Alabama Municipal Insurance Corporation (“AMIC”) sued Munich Reinsurance America, Inc. for purportedly underpaying several reinsurance claims by approximately $1.9 million. AMIC asserted bad faith claims as part of its suit. Munich Re moved to dismiss those claims, arguing Alabama does not (or rather, would not) recognize bad faith in the context of reinsurance disputes.
WKHS INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion In a Securities Class Action Lawsuit Against Workhorse Group, Inc prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Host Nancy Grace launched the episode with news that a pair of fugitives had been added to the America s Most Wanted catch counter, bringing the new total of apprehended criminals to 1,189. Christopher Jones and Alison Gracey were captured recently in Madrid, Spain, just four days after their cases were featured on both FOX s America s Most Wanted and the Fox Nation counterpart.
Grace warned, though, that many criminals still remain at large.
The FBI is offering a $25,000 reward for one of those criminals: former Arizona Department of Public Safety officer, Frederick Arias - whose son, Nic, appeared alongside Grace and a panel of experts in Monday s episode.