An employee fired for unsolicitedly sleepwalking into a colleague’s hotel room during an out-of-town conference has no disability discrimination claim, a three-judge panel of the 5th U.S. Circuit Court of Appeals ruled last month. Jennifer Harkey, a sales specialist for NextGen Healthcare, attended an employer-run conference in St. Louis, Missouri in 2018. On the evening … Read more
An employee fired after she climbed into a colleague’s bed while sleepwalking at a hotel during an out-of-town conference has no disability discrimination claim, a three-judge panel of the 5th U.S. Circuit Court of Appeals ruled last month. Jennifer Harkey, a sales specialist for NextGen Healthcare, attended an employer-run conference in St. Louis, Missouri in … Read more
The Financial Conduct Authority (FCA) has lost £32,900 worth of electronic devices since 15 July 2021. This figure was revealed through a Freedom of Information (FOI) request submitted by Mortgage Strategy sister magazine Money Marketing on 8 July 2022. Electronic devices lost include laptops, tablets and desktop. Laptops were the most common loss, with 32 devices going … Read more
A federal appeals court Thursday affirmed a lower court ruling against a Swiss Re unit in a dispute involving a home improvement retailer’s rejection of a settlement offer that led to a $6 million jury verdict. A customer of Eau Claire, Wisconsin-based Menard Inc., a home improvement chain, filed a negligence suit against the retailer … Read more
Nifty50 on Friday ended on a flattish note for the second straight session. The index formed an indecisive candle on the daily chart. On the weekly scale, the index formed a small bullish candle. Analysts said the index might be losing momentum after recent strong gains. They see 17,500 as an immediate resistance level. The … Read more
A homeowner who lodged 55 home and contents claims will have her policy cancelled after a dispute ruling determined that her insurer was within its rights not to offer her a renewal. IAG informed the woman that it would not renew her policy in September 2020 because of her “extensive” claims history, which prompted her … Read more
Intercontinental Exchange executives were bullish on its mortgage business even though that segment produced a GAAP operating loss of $6 million in the second quarter. This is compared with operating income of $53 million in the first quarter and $95 million in the second quarter of 2021. Part of the optimism can be attributed to … Read more
A Florida state appeals court on Wednesday again ruled against a policyholder in a COIVD-19-related business interruption case, holding that a wedding design business is not entitled to coverage. The plaintiffs in the case, Homestead-Florida based Suhaag Garden Inc. and Suhaag Garden Real Estate LLC., were deemed nonessential and forced to temporarily suspend operations in … Read more
Homeowner loses dispute over collapsed pool 3 August 2022 A homeowner will not be covered for damage to his 40-year-old pool after an Australian Financial Complaints Authority panel decided that the proximate cause of the structure’s collapse was deterioration over time. The complainant lodged a claim under his home and contents policy on March 16 … Read more
The UK Mortgage Prisoners Action Group say “the unfairness” of their situation for the last decade “is finally being recognised” after the Co-Operative Bank (Co-Op Bank)’s Mortgage Agency Services No.5 (MAS5) loses the judicial review at the high court against the Financial Ombudsman Service (FOS). In June, the Co-op Bank took a legal challenge against … Read more